How Hackers Stole $460K in ETH by Tricking Wallet Simulations ⚠️
A victim recently lost 143.45 ETH ($460,895) through a sophisticated phishing attack exploiting Web3 wallet transaction simulations. This wallet feature, designed to preview transaction outcomes, was manipulated via a phishing site. The attackers altered the contract state moments after the victim initiated a transaction, misleading the wallet simulation and draining the funds.
Key Details:
• Attack sequence exploited a “Claim” function to simulate small ETH gains while draining the wallet.
• The entire process appeared legitimate, with state changes happening seconds before the victim signed.
• Suggested defenses include refreshing simulations, verifying interactions, avoiding “free claim” offers, and using tools like ScamSniffer.
This incident highlights the growing sophistication of phishing tactics and the importance of vigilance when interacting with Web3 platforms.
Always be extra careful!
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