AngelX, the upgraded Angel Drainer toolkit, now deploys 300 new dApps to target crypto users.
Blockaid’s detection efforts have saved $400,000 in assets.
Angel drainer is a notorious code used on web3 crypto phishing sites. This crypto app is back with a new upgraded version. This version has already deployed hundreds of malicious dApps.
A recent report by cybersecurity firm Blockaid has uncovered a rise in scams utilizing deepfake videos of high-profile figures like Elon Musk and Vitalik Buterin. The infamous phishing toolkit, Angel Drainer, has resurfaced under the new name AngelX.
Like any other scam links, this toolkit aims to extract the victim’s most valuable assets once the victim visits the phishing website. This is a widespread issue, with many individuals falling victim to such scams. Despite this, the drainer is said to be found in the complicated JavaScript file as a lengthy string.
In addition, security analysts estimate that approximately $25 million in crypto assets have been stolen through Angel Drainer scams. Thanks to Blockaid’s early detection, $400K in assets were successfully secured.
What is New in the Upgraded Version?
The newly launched AngelX system has already deployed 300 malicious decentralized apps (dApps) aimed at stealing digital assets from crypto users. This development poses a significant threat to the Tron network, particularly as it targets users on newer, less established blockchains.
Following this, the Crypto Phishing system now includes an enhanced user experience (UX) and control panel, enabling scammers to develop customizable fraudulent apps across a broader range of blockchains. AngelX makes it easy for even non-technical people to source harmful attacks.
Furthermore, Blockaid has identified approximately 150 scams linked to the AngelX system since its launch on August 31. Many of these evil apps managed to evade detection by other security vendors in the crypto industry.
Besides this, the rapid success of AngelX highlights the growing experience of attackers. Emphasizing the need for the crypto community to significantly enhance security measures, to protect users against more advanced threats.
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