• 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

2 years 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

Strategy Finalizes Significant Bitcoin Purchase.

chest

Strategy has made a significant move in the cryptocurrency market by adding 34,164 BTC to its reserves, amounting to 254 billion.

user avatarNguyen Van Long

Crypto Analyst Predicts Major Shakeout in Altcoin Market

chest

Michael van de Poppe forecasts a significant decline in altcoins, likening it to the early internet bubble. He believes that 99% of altcoins are headed to zero, viewing this as a necessary cleanup rather than a collapse. Despite this stark prediction, he remains optimistic about the future of Bitcoin and Ethereum.

user avatarTando Nkube

LayerZero Faces Backlash Over KelpDAO Exploit Response

chest

LayerZero is facing backlash for its response to the $290 million KelpDAO exploit, blaming KelpDAO's verifier configuration while raising concerns about accountability and design flaws.

user avatarKofi Adjeman

Crypto Fear Greed Index Indicates Market Sentiment Shift

chest

The Crypto Fear Greed Index has climbed above 29 for the first time since January 29, indicating a shift from extreme fear to plain fear in the crypto market.

user avatarSatoshi Nakamura

Ethereum's Derivatives Market Shifts as Buyers Take Control

chest

Ethereum's derivatives market is experiencing a significant shift as buyers gain control over sell pressure, indicating a potential change in market dynamics.

user avatarJesper Sørensen

Stalemate in Congress Over Crypto Regulation Bill

chest

A bill aimed at regulating the US crypto market, known as the Digital Asset Market Clarity Act of 2025, is currently stalled in Congress due to opposition from banks and crypto companies regarding stablecoin regulations.

user avatarRajesh Kumar

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.