Latest Phishing Attack: $1.39 Million in Cryptocurrency Stolen through Permit2 Signature Exploit
11 months ago

Scam Sniffer has reported that $1.39 million in cryptocurrency assets, stolen earlier today through a 'permit2' phishing signature, have been moved to a new address (0x3076ce666f707776aaf75f6c44f8c4085375a66f). The assets were transferred approximately one hour ago. Earlier today, Scam Sniffer detected that a PEPE holder lost $1.39 million worth of PEPE, MSTR, and APU after signing a 'permit2' phishing signature.

The report highlighted that Uniswap's introduction of Permit2 allows phishing signatures to approve multiple tokens simultaneously. Once the victim's signature is obtained, the attackers can transfer various assets. This incident emphasizes the growing risks associated with cryptocurrency transactions and the need for users to be vigilant in protecting their digital assets against emerging phishing threats.

The use of advanced phishing techniques, such as the one facilitated by the Permit2 standard, showcases the adaptation of cybercriminals and the urgency for better security measures within the digital asset ecosystem. As cryptocurrency continues to gain traction and more individuals invest in it, understanding these risks becomes crucial for maintaining security and trust within the community..

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