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.
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