In a stunning crypto break-in, a whale mistakenly lost $36 million in fwDETH after finalizing a phishing signature that looked like a genuine ‘permit.’ The victim, mostlikely connected to @ContinueFund, lost 15,079 fwDETH in this attack. The phishing rip-off was found by Scam Sniffer, a blockchain security detection company.
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Crypto Market Chaos
The hacker, recognized by the wallet address 0x06…16eC, rapidly offered off the taken fwDETH, resulting in a considerable drop in the dETH market. This decentralized possession, which is typically pegged at a 1:1 ratio, plunged in trading on DuoExchange, striking lows of 0.06 ETH and changing around 0.27 ETH.
High Stakes of Phishing
The breach serves as a plain tip to crypto users. The primary recommendations, constantly read signatures before finalizing ones