<\/p>\n
On-chain data<\/a> shows a crypto whale \u201c0x13e382\u201d lost $24.23 million worth of liquid staked Ethereum, including 4,851 <\/span>rETH<\/span> (worth $8.58 million) and 9,579 <\/span>stETH<\/span> ($15.63 million),<\/span>\u00a0to phishing<\/a> scammers on Sept. 6.<\/span><\/span><\/p>\n Web3 security firm Scam Sniffer revealed that the whale had unwittingly given token approval to the scammers by signing \u201cincreaseAllowance\u201d transactions. The firm described<\/a> the theft as probably \u201cthe largest amount ever stolen from a single victim.\u201d<\/span><\/span><\/p>\n The stolen funds initially landed in two addresses, namely 0x693b72 and 0x4c10a4. However, the scammers have relocated<\/a> some of these assets to Fixed Float exchange, while the remainder resides in three other distinct addresses.<\/p>\n Notably, Scam Sniffer observed<\/a> that one of the addresses connected to this fraudulent activity, specifically 0x4c10a4, is associated with numerous cryptocurrency phishing websites and has maintained activity since May 21.<\/p>\n Although the victim\u2019s identity remains undisclosed, their transaction history indicates a seasoned liquidity provider with substantial on-chain experience. This wallet has operated since 2017 and currently facilitates over $1.6 million in WBTC\/USDT liquidity on the Uniswap V3 platform.<\/p>\n The rise of phishing scams on X, formerly Twitter, has become a growing concern for the crypto community, which has been inundated with several verified paid bots using the social media platform to perpetrate their activities.<\/p>\n On-chain investigator ZachXBT specifically expressed concerns<\/a> about this issue, drawing the crypto community\u2019s attention to the proliferation of fake verified organizations on the platform.<\/p>\n \u201cVerified orgs were intended to make it harder for scammers, but it has just created a new black market for accounts with no way for us to report and take down these accounts easily,\u201d he said.<\/span><\/span><\/p>\n This underscores the persistent threa<\/a>t of phishing scams in cryptocurrency, even amid a bear market. According to cybersecurity experts at Kaspersky<\/a>, crypto-related phishing scams have increased by 40% year-on-year.<\/p>\n The post Crypto whale loses over $24M staked Ethereum to phishing, as \u2018verified\u2019 X scams surge<\/a> appeared first on CryptoSlate<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" On-chain data shows a crypto whale \u201c0x13e382\u201d lost $24.23 million worth of liquid staked Ethereum, including 4,851 rETH (worth $8.58 million) and 9,579 stETH ($15.63 million),\u00a0to phishing scammers on Sept. 6. Web3 security firm Scam Sniffer revealed that the whale had unwittingly given token approval to the scammers by signing \u201cincreaseAllowance\u201d transactions. The firm described […]<\/p>\n","protected":false},"author":2,"featured_media":151475,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-151474","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/151474","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=151474"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/151474\/revisions"}],"predecessor-version":[{"id":151481,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/151474\/revisions\/151481"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/151475"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=151474"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=151474"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=151474"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Phishing scams rampant on X<\/h2>\n