Earlier Limited To Banks And IT, Now Phishing Scams Steal Their Way Into World Of Crypto

Several well-known cryptocurrency statistics websites, such as CoinGecko, Etherscan, DeFi Pulse, and others, have reported instances of fraudulent pop-ups requesting users to link their MetaMask wallets for use on the site.

According to experts, this appears to be a phishing attack aimed at users of the MetaMask wallet.

The wallet is a software crypto wallet that enables access on phone or via a browser. The attack provides a link to the Bored Ape Yacht Club project, with an ape skull logo and an nftapes.win domain.

CoinGecko founder Bobby Ong told CoinDesk that the company is examining the core cause of the hack in order to resolve the issue. Ong believes the event was caused by a malicious ad script from Coinzilla, a crypto ad network.

Elsewhere, cryptocurrency website Etherscan has advised users not to confirm any transactions that appeared on the site.

Last year, Check Point Research had discovered a phishing attack that leveraged Google advertising to steal user credentials and deceive them into entering the attacker’s wallet so that any transactions they tried would be received at the attacker’s wallet.

Some Practices To Avoid Phishing Attacks

Experts have advised users to follow a few basic steps and look out for the tell-tale signs of a phishing mail or attack to avoid falling prey to such scams.

1] If the customer has received a mail from an unexpected source that…

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