• 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

Surge in Online Investment Fraud in Hong Kong

chest

Surge in online investment fraud cases in Hong Kong, with over 80 reported in a week and losses exceeding HK80 million.

user avatarAisha Farooq

Hong Kong Woman Loses Nearly HK77 Million in Crypto Investment Scam

chest

A woman in Hong Kong lost nearly HK77 million in a crypto investment scam after being promised guaranteed returns by a fraudulent platform.

user avatarLi Weicheng

XRP Derivatives Market Signals Persistent Bearish Sentiment

chest

The XRP derivatives market has shown a consistent negative funding rate since the start of 2026, indicating a strong bias towards short positions among traders.

user avatarTenzin Dorje

Asteroid Shiba Inspired by Young Girl's Dream

chest

The Asteroid Shiba memecoin was inspired by Liv Perrotto, a 15-year-old girl who wished for her plush toy to be SpaceX's mascot.

user avatarBayarjavkhlan Ganbaatar

Dogecoin Price Faces Key Resistance as Analysts Await Confirmation

chest

Dogecoin's price remains compressed below 0.01, with analysts predicting a significant move contingent on crucial confirmations.

user avatarMohamed Farouk

Macroeconomic Events May Propel XRP Price Higher

chest

Macroeconomic events, such as rising oil prices and tensions in the Middle East, may lead to increased interest in XRP, potentially driving its price surge to $50-$150.

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.