Chainlink (LINK) holder loses $4.66M in a phishing attack

Chainlink (LINK) holder loses $4.66M in a phishing attack
фото показано с : invezz.com

2023-12-30 16:51

A discouraging development in the cryptocurrency market saw one Chainlink holder losing LINK worth over $4.42 million. Lookonchain revealed the event, labelling it as a phishing attack.

What an unlucky guy!

He got 275,700 $LINK($4.42M) stolen by a phishing attack.

This guy accumulated 290,750 $LINK($2.26M) at $7.8 from exchanges between Jun 7, 2022, and Oct 14, 2023, a profit of nearly ~$2.4M currently.

Unfortunately, he accidentally clicked on the phishing… pic.twitter.com/2FqM72T3f7

— Lookonchain (@lookonchain) December 29, 2023

Meanwhile, the victim accumulated 290,750 LINK coins, worth around $2.26 million between 7 June 2022 and 14 October 2023. The savvy trader’s profits were swelling to nearly $2.4 million in positive developments, including interest in Real-World Asset (RWA) tokenization.

Nonetheless, hell broke loose when the investor clicked on a link and authorized a transaction. Eventually, he lost $2.4M in profits and a $2.26 million cost, translating to a $4.66M total loss.

The Pink Drainer Group perpetrators used the IncreaseAllowance feature to lure the investor. The fraudsters stole 275,700 LINK tokens (through two transactions) immediately after signing the contract.

The IncreaseAllowance feature allows an individual to determine the amount of coins the user permits another address to transfer from his crypto wallet. How the hackers convinced the investor to allow the token transfer remains a mystery.

The Pink Drainer group has been terrorizing the crypto market, responsible for various high-profile hacks on different platforms. Dune Analytics data shows the hackers stole assets worth around $18.7M from over 9K users.

Source – Dune Analytics

The recent event shows how genuine investors suffer in the cryptocurrency market. Scammers orchestrated various rug pulls and cyberattacks in 2023, stealing digital coins worth around $2 billion in the past twelve months. While the number remains huge, it is the first time the trend has plunged since 2020.

The post Chainlink (LINK) holder loses $4.66M in a phishing attack appeared first on Invezz

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

ChainLink (LINK) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $17.68
Капитализация $0 Rank 99999
Цена в час новости $ 15.32 (-100%)

link attack chainlink phishing worth holder labelling

Источник: invezz.com

link attack → Результатов: 25


Фото:

Researchers Link NotPetya Outbreak and Kiev Power Grid Outage to one Hacking Group

Depending on how one looks at the world, coincidence is either a common thing or doesn’t exist at all. In the world of cyberthreats, it would seem the latter is the more common conclusion. New research shows the NotPetya ransomware attack, as well as a disruption of Ukraine’s power grid, are linked together by one […] The post Researchers Link NotPetya Outbreak and Kiev Power Grid Outage to one Hacking Group appeared first on NullTX.

2018-11-8 18:58


A Guide to 99% Fault Tolerant Consensus

Special thanks to Emin Gun Sirer for review We’ve heard for a long time that it’s possible to achieve consensus with 50% fault tolerance in a synchronous network where messages broadcasted by any honest node are guaranteed to be received by all other honest nodes within some known time period (if an attacker has more than 50%, they can perform a “51% attack”, and there’s an analogue of this for any algorithm of this type).

2018-8-9 04:03


Партнеры Currencies.ru

Реклама на Currencies.ru