Phishing scammers have targeted crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan, creating cloned websites in an attempt to deceive unsuspecting readers. The cloned Blockworks site features a fabricated “BREAKING” news report about a supposed multimillion-dollar “approvals exploit” on decentralized exchange Uniswap, and directs users to a fake Etherscan website to revoke approvals.
The fake Etherscan website appears to offer a token and smart contract approval checker, but in reality, it contains a smart contract that could potentially drain a user’s cryptocurrency wallet upon connection.
This alarming incident highlights the persistence and creativity of cybercriminals in the crypto space. By cloning reputable websites like Blockworks and Etherscan, scammers can gain the trust of unsuspecting users and lure them into interacting with fraudulent platforms.
It is important for users to remain vigilant and exercise caution when navigating the crypto landscape. Verifying the authenticity of websites and platforms is crucial to protect one’s digital assets and personal information.
As the crypto industry continues to grow, so does the threat of phishing attacks and other forms of malicious activities. Staying informed and educated about potential scams is paramount in safeguarding oneself against cyber threats.
In a recent report by Hacken, it was revealed that 85% of crypto rug pulls in Q3 did not report audits. This further emphasizes the need for increased security measures and due diligence within the crypto community.
Checking the registration dates of the cloned websites reveals that the fake Etherscan site, approvalscan.io, was registered on October 25, while the fraudulent Blockworks site, blockworks.media, was registered a day later. This information serves as a reminder to always verify the legitimacy of a website and beware of newly registered domains that may be used for malicious purposes.
The incident involving the phishing of Blockworks and Etherscan serves as a cautionary tale for both crypto enthusiasts and the general public. Cybersecurity threats are an ever-present danger in the digital age, and it is crucial to remain vigilant, employ safe browsing practices, and exercise skepticism when encountering suspicious websites or platforms.
Protecting one’s digital assets and personal information is of utmost importance in the crypto space. As the industry continues to grow and evolve, the need for robust security measures cannot be overstated.
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About the author - J-S Tremblay
I've been involved in the cryptocurrency world since 2016 and trading since 2019. I started Moon and Lambo in 2021. I'm passionate about crypto and love to share my knowledge. I hate bankers and I hope that cryptocurrency will change the financial world for the better. View full profile...
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