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In August 2024, a significant phishing attack resulted in the loss of $55 million in DAI from a whale's DSProxy, highlighting the need for improved wallet security practices. This incident is part of a broader trend, with phishing attacks responsible for 95% of stolen funds, totaling approximately $293.4 million. Notably, two major phishing attacks drained $238 million in Bitcoin and $55.4 million in DAI. Additionally, another recent phishing incident led to the loss of $805k worth of stETH by the Inferno drainer, with stolen funds being swapped for ETH. The compromised L2 DAI deployer further underscores the urgency of addressing security vulnerabilities in the crypto space.
🚨 DAI Security PSA for wallet providers, block explorers, and users. The L2 DAI deployer (0x075da589886BA445d7c7e81c472059dE7AE65250) for the DAI vanity address (0xDA10009cBd5D07dd0CeCc66161FC93D7c9000da1) has been compromised. (1/7)
#CertiKInsight 🚨 Our alert system has detected a phishing txn resulting in the loss of ~$805k stETH Stolen funds have been swapped for ETH Stay vigilant! https://t.co/EJNAHyOJvy https://t.co/xzhLvRuuGR
🚨ALERT🚨Inferno drainer is on move again !! Our system has just detected that someone has approved a malicious phishing contract, resulting in a loss of $803.5K worth of $stETH. The victim approved the phishing contract approximately 6 minutes ago. Victim: 0x0D.....B6F70… https://t.co/BNzjEBvpMp
