• 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

France Faces Rising Wave of Crypto-Related Kidnappings

chest

France has seen a significant increase in kidnappings linked to crypto assets, with 41 cases reported this year.

user avatarAndrew Smith

Ethereum Network Solidifies Its Role as Core Settlement Layer

chest

The Ethereum network is experiencing a significant surge in activity, reinforcing its status as a core settlement layer in the digital economy.

user avatarJacob Williams

US DOJ Joins xAI in Legal Battle Against Colorado's AI Regulation

chest

The US Department of Justice intervenes in xAI's lawsuit against Colorado, challenging the state's AI regulation law SB24205.

user avatarZainab Kamara

Charles Hoskinson Advocates for Structural Changes in Cardano's Infrastructure

chest

Charles Hoskinson advocates for structural changes in Cardano's infrastructure to reduce reliance on centralized offchain services.

user avatarSon Min-ho

South Korean Man Arrested for Posting Fake Wolf Image

chest

A South Korean man was arrested for posting a deceptive AI-generated image of a wolf, misleading officials and triggering an emergency alert.

user avatarAyman Ben Youssef

Bitcoin Profitability Metrics Reflect Market Corrections

chest

Current profitability metrics for Bitcoin show a mixed outlook, with only about 52.3% of Bitcoin addresses currently in profit.

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.