Ice phishing continues to be a 'considerable threat' to the Web3 community, according to blockchain security firm CertiK. Here's how to guard against it.
is an example of an elaborate ice phishing scam. An investor was convinced to sign a transaction request disguised as a film contract, which ultimately enabled the scammer to sell all of the user's apes to themselves for a negligible amount.
“The hacker just needs to make a user believe that the malicious address that they are granting approval to is legitimate. Once a user has approved permissions for the scammer to spend tokens, then the assets are at risk of being drained.”
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