More than $4.7M stolen in Uniswap fake token phishing attack

More than $4.7M stolen in Uniswap fake token phishing attack

Some initially interpreted the hack as an exploit of the Uniswap V3 protocol, but it was quickly clarified as the result of a phishing campaign. A sophisticated phishing campaign targeting liquidity providers (LPs) of the Uniswap v3 protocol has seen attackers make off with at least $4.7 million worth of Ethereum (ETH). However, the community is reporting the losses could be even greater. Metamask security researcher Harry Denley was one of the first to raise the alarm bells of the attack, telling his 13,000 Twitter followers on July 11 that 73,399 addresses had been sent malicious ERC-20....


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Uniswap Fake Token Phishing Attack Results In $4.7 Million Loss

Attackers looted at least $4.7 million worth of Ethereum from cryptocurrency exchanges through a fraudulent token scam targeting liquidity providers (LPs) of the Uniswap v3 protocol (ETH). As of now, before an upcoming valid ad for a new coin is published, hackers trick people with similar-looking ads or listings where they can steal money without […]

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Crypto Scammers Exploit Google Ads To Drain $400K From Uniswap Users

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The Importance of Safety When Using Self-Custody Platforms

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Uniswap Reports Phishing Scam, As UNI Records 10% Profit In 7 days

Uniswap (UNI) has been moving against the general sentiment in the market. As Bitcoin, Ethereum, and larger cryptocurrencies give out their last week’s gains, UNI’s price remains impervious and maintains bullish momentum. Related Reading | TA: Ethereum Breakdown Looks like the Real Deal, $1K Is The Key At the time of writing, Uniswap (UNI) trades at $5.7% and records a 10% profit in the past 7 days and a 32% profit over the last month. In smaller timeframes, UNI’s price has begun to weaken as it displays a 3% loss in the past day. Yesterday, liquidity providers on the platform....