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"7500 ETH ($9.1 million) Stolen in Uniswap Phishing Attack" Here's What Happened and How to Protect Yourself.

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by COINS NEWS 201 Views

What Happened? (Hack Recap)

73,399 addresses have been sent a malicious token to target their assets, under the false impression of a $UNI airdrop based on their LP's

0xcf39b7793512f03f2893c16459fd72e65d2ed00c

r/CryptoCurrency - "7500 ETH ($9.1 million) Stolen in Uniswap Phishing Attack" Here's What Happened and How to Protect Yourself.

The malicious contract pollutes the event data so that block explorers index the "From" as the legitimate "Uniswap V3: Positions NFT" contract.

Now that a user sees that "Uniswap V3: Positions NFT" sent them a token (without knowledge of the event pollution attack), they would get curious and check the token. The token name directs them to a website that looks similar to Uniswap, and once users connected their wallets, their cryptocurrency was drained from their wallets.

So far, they have scammed (~$9.1million) from users, from native tokens (ETH), ERC20 tokens, and NFTs (namely, Uniswap LP positions)

The stolen ETH is being laundered through Tornado Cash.

r/CryptoCurrency - "7500 ETH ($9.1 million) Stolen in Uniswap Phishing Attack" Here's What Happened and How to Protect Yourself.

The attack might be big, as [0xSisyphus] pointed out that a large LP (0xecc6b71b294cd4e1baf87e95fb1086b835bb4eba) also seems to get phished.

How to Protect Yourself:

If you have received the Malicious Token. Do not try to burn it.

Because to burn it, you would have to interact with it. And, It's heavily advised to not interact with suspicious tokens because:

  1. You don't want to waste gas-burning tokens

  2. You don't want to open yourself to an attack, such as ETH_RUNE

In summary, just leave it and pretend you don't see it


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