**Crypto News Flash: Recent Scams and Exploits**

**DeFi Saver Phishing Attack**

- A DeFi Saver user lost $55 million in DAI due to a phishing attack on Aug. 21.

- The attacker tricked the user into reassigning ownership of their DeFi Saver Proxy contract.

- The victim attempted a transaction, which failed, allowing the attacker to drain the wallet.

- Users should verify contract addresses before approving transactions to avoid such scams.

**iVestDAO Shutdown**

- iVestDAO announced its shutdown after a $156,000 exploit on Aug. 12.

- The team is refunding holders out of their own pockets but can't cover all losses.

- The exploit involved a null address donation attack.

**Copy2pwn Malware Alert**

- The copy2pwn exploit bypasses Windows Smart Screen, potentially installing malware.

- Users should upgrade to the latest Windows version to stay protected.

**Hackathon Malware Incident**

- Porter Adams of Matter Labs discovered clipboard-hijacking malware on a hackathon participant's PC.

- The malware replaces copied crypto addresses with the attacker’s address.

- Always verify pasted addresses to avoid losing funds.