$55 Million In Dai Tokens Stolen in Sophisticated Phishing Attack

Quick Summary:

Dai Tokens Worth $55 Million Stolen in High-Tech Phishing Operation Amid the ongoing crypto market volatility and midterm uncertainty, a Web3 user has fallen victim to a phishing attack, resulting in more than $55 million loss.

Inferno Drainer (Fake_Phishing187019) set the owner address of a Maker vault to 0x5d4b2a02c59197eb2cae95a6df9fe27af60459d4 and minted 55,473,618 Dai tokens (~$55M) to it.

Sophisticated tech has been used to compromise weak security designs for different Web3 platforms.

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Article Details

Author / Journalist: Sofiya

Category: Crypto

Markets: India

Topics: $55 Million Stolen News Latest News Dai Tokens Phishing Attack Sophisticated

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 16:37:16 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 331 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 22197392

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 21 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 16 hours ago

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