• 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

Chainlink CCIP v16 Upgrade Enhances Interoperability with Solana Support

chest

Chainlink has announced the release of its CCIP v16 upgrade, which enhances interoperability by introducing support for Solana and improving flexibility across various virtual machine designs.

user avatarBayarjavkhlan Ganbaatar

XRP Holds Above Key Psychological Level Amid Market Uncertainty

chest

XRP is trading around the critical $1 level, which is being closely monitored by traders as the cryptocurrency market awaits direction.

user avatarMohamed Farouk

Open Standard Launches Open USD Stablecoin to Challenge Market Leaders

chest

Open Standard has launched Open USD, a dollar-backed stablecoin supported by over 140 businesses, aiming to challenge market leaders Tether and Circle.

user avatarElias Mukuru

Solana's Price Drops Below 80 Amidst Ongoing Ecosystem Development

chest

Solana's price has fallen below the 80 mark, raising caution among traders, but the ecosystem continues to grow with real-world assets and DeFi activities.

user avatarDiego Alvarez

Revised Editorial Guidelines Target Improved Content Quality.

chest

A new editorial policy has been established to ensure accuracy, relevance, and impartiality in content.

user avatarKenji Takahashi

New Editorial Policy Launched to Ensure Content Quality

chest

A new editorial policy has been established to enhance the quality of content.

user avatarMaria Fernandez

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.