{"id":49816,"date":"2022-07-12T12:11:07","date_gmt":"2022-07-12T10:11:07","guid":{"rendered":"https:\/\/crypto-economy.com\/?p=49816"},"modified":"2022-07-12T12:11:07","modified_gmt":"2022-07-12T10:11:07","slug":"uniswap-loses-over-8m-in-a-major-phishing-attack","status":"publish","type":"post","link":"https:\/\/crypto-economy.com\/uniswap-loses-over-8m-in-a-major-phishing-attack\/","title":{"rendered":"Uniswap LPs Lose Over $8M in a Major Phishing Attack"},"content":{"rendered":"

Prominent cryptocurrency exchange, Uniswap<\/strong>, along with its community suffered a severe blow as liquidity providers (LPs) of the Uniswap v3 protocol<\/strong> reeled under a major phishing attack<\/strong> resulting in a loss of over $8.1 million<\/strong> worth of Ether. <\/p>\n

Phishing attacks have grown exponentially with the burgeoning crypto industry. Scammers are increasingly masquerading as notable companies or reputable people to siphon millions of dollars. In 2021 alone, cybercriminals stole a mammoth $14 billion<\/strong> in crypto which is almost twice the amount heisted in 2000. In February 2022, non-fungible token (NFT) marketplace, OpenSea<\/strong> users, were looted off nearly $1.7 million<\/strong> worth of NFT<\/a>s.<\/p>\n

How did the Attack Happen?<\/h2>\n
\n

\u26a0\ufe0f As of block 151,223,32, there has been 73,399 address that have been sent a malicious token to target their assets, under the false impression of a $UNI<\/a> airdrop based on their LP's<\/p>\n

Activity started ~2H ago
0xcf39b7793512f03f2893c16459fd72e65d2ed00c<\/p>\n

cc: @Uniswap<\/a> @etherscan<\/a> pic.twitter.com\/5W51AikFuV<\/a><\/p>\n

— harry.eth \ud83e\udd8a\ud83d\udc99 (whg.eth) (@sniko_) July 11, 2022<\/a><\/p><\/blockquote>\n