Crypto drainer steals $59 million from 63k people in Twitter ad push

December 21, 2023 at 04:28PM Google and Twitter ads are promoting a malicious cryptocurrency drainer called ‘MS Drainer,’ responsible for stealing $59 million from over 63,000 victims. The drainer operates through phishing websites and malicious contracts, with its source code sold to cybercriminals for $1,500. Fraudulent ads for MS Drainer appear on Google and Twitter, … Read more

Ethereum feature abused to steal $60 million from 99K victims

November 13, 2023 at 04:46PM Malicious actors have been exploiting Ethereum’s ‘Create2’ function to bypass wallet security alerts, resulting in the theft of $60 million worth of cryptocurrency from 99,000 individuals in six months. The ‘Create2’ function allows the creation of smart contracts on the blockchain and has introduced benefits but also security implications. Scammers … Read more