Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Scammers create Blockworks clone site to drain crypto wallets

CointelegraphCointelegraph2023/10/27 03:03
By:Jesse Coghlan

Phishing scammers have cloned the websites of crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan to trick unsuspecting readers into connecting their wallets to a crypto drainer.

A fake Blockworks site displays a fake “BREAKING” news report of a supposed multimillion-dollar “approvals exploit” on the decentralized exchange Uniswap and encourages users to a faked Etherscan website to rescind approvals.

The fake Uniswap news article was posted on Reddit across several popular crypto-related subreddits by seemingly compromised Reddit accounts.

The fake Blockworks website (left) shows a fake breaking news story of a Uniswap exploit compared to the legitimate website (right).

The fake Etherscan website, which displays a purported token and smart contract approval checker, instead contains a wallet drainer .

Blockchain security firm Beosin reviewed the drainer’s smart contract and told Cointelegraph the attacker hopes to drain wallets with at least 0.1 Ether ( ETH ), worth $180. However, the drainer is incorrectly set up as “there is no phishing transaction prompted after a wallet is connected.”

The phishing website (left) compared to the legitimate Etherscan website (right).

Related: 85% of crypto rug pulls in Q3 didn’t report audits: Hacken

An age check of the domains shows the fake Etherscan site, approvalscan.io, was registered on Oct. 25 and the faked Blockworks site, blockworks.media, was registered a day later.

In an Oct. 25 X (Twitter) post, Web3 anti-scam platform Scam Sniffer showed that scammers had deployed a wallet drainer on a website cloning the crypto news outlet Decrypt.

the victim signed Uniswap Permit2 malicious phishing signatures like this pic.twitter.com/NcXIotokwL

— Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) October 26, 2023

Sam Sniffer told Cointelegraph the faked Blockworks and Decrypt sites are, however, run by different scammers.

Magazine: Ethereum restaking — Blockchain innovation or dangerous house of cards?

Update (Oct. 27, 1:30 am UTC): This article has been updated with further information and comments from Beosin and Scam Sniffer.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Microsoft declares OpenAI both ‘strategic partner’ and ‘competition’ in SEC filing

Cointelegraph2024/08/03 21:00

Senator Lummis’ Bitcoin Bill Garners Massive Support from Americans

DailyCoin2024/08/03 19:54

Ripple Confident in Positive Outcome Ahead of Key XRP Ruling

DailyCoin2024/08/03 19:54

BRICS: Bitcoin-Friendly Country Could Join the Alliance

Cryptodnes2024/08/03 19:30

‌Spot copy trading

More
AIOnline
AIOnline
insight1000/1000
10454.69%
ROI
Total profit $53318.92
BitCoin
BitCoin
insight500/500
10731.39%
ROI
Total profit $10731.38

Bot copy trading

More
GoldenEgg
GoldenEgg
insight149/150
$212.68
Total profit
Total subscriber profits $-285.11
BGUSER-FFF8CNJ4
BGUSER-FFF8CNJ4
insight7/150
$174.34
Total profit
Total subscriber profits $97.94