HomeUncategorizedCrypto whale loses $24M in staked Ethereum to phishing attack By Cointelegraph

Crypto whale loses $24M in staked Ethereum to phishing attack By Cointelegraph

September 7, 2023

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© Reuters

A cryptocurrency whale has fallen victim to a massive phishing attack, losing millions of dollars in staked Ether (ETH) on the liquid staking provider Rocket Pool (NASDAQ:).

The investor lost their entire address balance of Lido Staked ETH (stETH) and Rocket Pool ETH (rETH) on Sept. 6, the cryptocurrency security firm PeckShield reported.

Transactions in the $24 million phishing hack. Source: X
“Increase Allowance” method on the phisher’s transaction. Source: Etherscan