Multichain attack triggers Twitter phishing scheme for FTM distribution
A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it was associated with the Fantom Foundation.
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A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it was associated with the Fantom Foundation.
Multichain has suspended its operations after an unexplained transfer of crypto assets worth millions of dollars took place on July 6.
The Poly Network has been exploited again, this time due to compromised private keys according to blockchain security firm Dedaub.
The top 100 DeFi tokens had another bearish week, with the majority of tokens trading in the red.
Trezor doesn’t plan to introduce any private key recovery tools, as it has provided all possible means to help users secure the seed phrase, CEO Matej Zak said.
According to Elliptic, a blockchain analysis company, an estimated 5,500 crypto wallets have been affected by the attack.
In the aftermath of the attack, Atomic Wallet — along with individual blockchain investigators — have amped up efforts to track and revert stolen funds.
Security teams are investigating the cause of the attack. Reports have surfaced of tokens being lost, transaction data being erased, and even entire crypto portfolios destroyed.
Several users on Twitter have reported losses of crypto assets, claiming funds held on the Atomic Wallet app vanished.
The attacker used the lack of slippage control over tokens to steal the funds.