• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

DeFi Saver user falls victim to phishing attack, loses $55 million in DAI

user avatar

by Giorgi Kostiuk

a year ago


  1. Phishing attack on DeFi Saver
  2. iVest shutdown after losing $156,000
  3. Windows Smart Screen vulnerability

  4. A user of the decentralized finance protocol DeFi Saver fell victim to a phishing attack, resulting in the loss of $55 million in DAI. The article also discusses other recent incidents in the DeFi and cryptocurrency world.

    Phishing attack on DeFi Saver

    On August 21, a DeFi Saver user fell victim to an unusual phishing attack. According to Global Ledger, the attacker tricked the victim into reassigning ownership of their DeFi Saver Proxy contract. The victim tried to perform a transaction, but it failed. The attacker then changed ownership again and drained the smart contract wallet, taking $55 million worth of DAI.

    iVest shutdown after losing $156,000

    The decentralized finance protocol iVestDAO announced it will shut down after losing $156,000 in an exploit. iVest's admin stated that the project is closing and there will not be enough funds to fully compensate investors. The attack occurred on August 12, involving a null address donation exploit.

    Windows Smart Screen vulnerability

    A new exploit named copy2pwn is being used by malware operators to bypass Windows Smart Screen protections. While the vulnerability has been patched in the latest version of Windows, some devices may still be at risk. The exploit could be used to install malware, potentially resulting in the loss of private keys stored in software wallets.

    These incidents highlight the importance of security in the cryptocurrency and decentralized finance space. Users should be cautious and verify contract addresses before approving transactions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Bitcoin's price is experiencing considerable downward pressure.

chest

Bitcoin struggles to maintain its value, facing significant downward pressure as it fails to recover above key resistance levels.

user avatarDavid Robinson

Raoul Pal Calls for Urgent Federal Reserve Action on Liquidity

chest

Raoul Pal emphasizes the urgent need for the Federal Reserve to intervene to prevent a year-end funding crisis that could impact the cryptocurrency and stock markets.

user avatarJacob Williams

Market Awaits Federal Reserve's Liquidity Measures

chest

Market participants are closely monitoring the Federal Reserve for potential liquidity measures aimed at alleviating funding volatility.

user avatarAndrew Smith

The Role of Entanglement in Quantum Computing

chest

Entanglement allows qubits to influence each other instantly, enabling complex problem-solving.

user avatarSon Min-ho

Understanding the Differences Between Classical and Quantum Computers

chest

Quantum computers utilize qubits that can exist in multiple states, unlike classical computers that operate on binary bits.

user avatarAyman Ben Youssef

Challenges in Quantum Computing: Qubit Stability and Decoherence

chest

Maintaining qubit stability is one of the greatest challenges in quantum computing due to decoherence.

user avatarTando Nkube

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.