Crypto Blog
Phishing scams have wreaked havoc in the digital asset ecosystem and are making a comeback amidst market-wide recovery.
This transfer by the hacker, valued at over $10 million, raised eyebrows due to its link with a major phishing incident dating back to September 2023. The funds were pilfered from a crypto whale.a staggering $24 million worth of staked ETH on the liquid staking provider Rocket Pool. Scam Sniffer’s investigation subsequently revealed that the whale unknowingly granted token approval to the fraudsters through the authorization of “increaseAllowance” transactions.
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