{"id":30095,"date":"2024-09-29T17:00:16","date_gmt":"2024-09-29T14:00:16","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=30095"},"modified":"2024-09-29T14:19:37","modified_gmt":"2024-09-29T11:19:37","slug":"phishing-attack-drains-32m-in-spark-wrapped-eth","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/phishing-attack-drains-32m-in-spark-wrapped-eth\/","title":{"rendered":"Phishing Attack Drains $32M in Spark Wrapped ETH"},"content":{"rendered":"

A wallet ending in “e57” became victim to a sophisticated phishing assault<\/strong> on Sept. 27, draining 12,083 Spark Wrapped Ethereum tokens (spWETH), valued at $32 million. Security company CertiK claims that 10,000 spWEEK, valued at more than $26 million, was first sent to a wallet starting with “0x471c.” Later on, some of these were moved to four more wallets.<\/p>\n

1,750 Ether was sent to a wallet beginning with the characters “0x105c.” 2,613 ETH was sent to a wallet starting with “0x278d,” an additional 3,730 ETH to an address beginning with “0x408d,” and, finally, roughly 1,865 ETH was transferred to an address beginning with “0xxfaf2.” Data from Arkham Intelligence indicated that Shixing Mao, the founder of F2 Pool, might have compromised the wallet; this information has not yet been confirmed.<\/p>\n

Cryptophishing attempts<\/strong> surged substantially by 215% in August 2024. The August phishing report of security company Scam Sniffer shows that the combined losses from the hostile assaults for the month topped $66 million. Targeting the victim’s proxy ownership, the security company found one wallet missing an incredible $55 million from a single phishing effort.<\/p>\n

According to a September 2024 Blockaid analysis, the notorious Angel Drainer\u2014a malicious phishing tool<\/strong> targeting bitcoin users\u2014was upgraded to the more recent AngelX. Within just four days, the recently improved phishing tool<\/strong> distributed over almost three hundred phishing-distributed apps (DApps).<\/strong><\/p>\n

A Blockaid spokesman at the time voiced worries about the improved AngelX phishing tool<\/strong> aiming at “newer” blockchain systems like Tron and The Open Network. A newly enhanced control panel is one of the most concerning aspects of AngelX since it gives malevolent actors unmatched power to design tailored and ever more advanced phishing scams<\/strong>.<\/p>\n

According to a Sept. 11 Scam Sniffer investigation, search engine DuckDuckGo showed bogus Etherscan websites. The security company said that these dangerous links let users connect MetaMask wallets, therefore enabling hackers to access money once the wallets are linked.<\/p>\n

 <\/p>\n

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for\u00a0<\/em>the latest\u00a0news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

A wallet ending in “e57” became victim to a sophisticated phishing assault on Sept. 27, draining 12,083 Spark Wrapped Ethereum tokens (spWETH), valued at $32 million. Security company CertiK claims that 10,000 spWEEK, valued at more than $26 million, was first sent to a wallet starting with “0x471c.” Later on, some of these were moved<\/p>\n","protected":false},"author":6,"featured_media":30096,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[8818,4588],"class_list":["post-30095","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-crypto-phishing","tag-phishing-attack"],"yoast_head":"\nPhishing Attack Drains $32M in Spark Wrapped ETH - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/phishing-attack-drains-32m-in-spark-wrapped-eth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phishing Attack Drains $32M in Spark Wrapped ETH - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"A wallet ending in “e57” became victim to a sophisticated phishing assault on Sept. 27, draining 12,083 Spark Wrapped Ethereum tokens (spWETH), valued at $32 million. 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