CandleFocus Phishing Attack Drains $36K as Victim Approves Malicious ‘SetOwner’ Signature on DSProx
2024-09-15
Author: Content Editor
In a recent phishing attack, a victim lost $36,316 when they unknowingly approved a malicious transfer. The attack involved the scammer tricking the victim into authorizing a fraudulent "setOwner" phishing signature, which changed the ownership of their DSProxy, a smart contract wallet used in DeFi apps. The attacker then drained the victim's wallet of digital assets. This incident highlights the need for increased security measures and awareness in the decentralized finance sector.
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