- In accordance with Rip-off Sniffer, pockets drainers have stolen over $4 million from Solana customers previously month.
- Rip-off Sniffer famous that over 4,000 customers misplaced funds to pockets drainers as a consequence of widespread phishing assaults.
- In accordance with the anti-fraud platform, fraudsters make use of anti-simulation strategies to forestall stability modifications from showing in wallets.
In accordance with Web3's anti-fraud platform Rip-off Sniffer, a classy Solana pockets drainer has stolen greater than $4 million from Solana customers within the final month. In a thread on X (previously Twitter), the anti-fraud platform famous that over 4,000 customers misplaced funds to his pockets drainer as a consequence of widespread phishing assaults.
Rip-off Sniffer stated it first grew to become conscious of Rainbow Drainer after one among its victims reported an airdrop phishing incident, and has since warned customers to pay attention to the continued rip-off. Rip-off Sniffer identified in a December 16, 2023 alert put up that scammers use anti-simulation strategies to forestall stability modifications from showing in wallets. Subsequently, victims unknowingly lose their belongings by signing malicious transactions.
In accordance with knowledge from Dune Analytics, the anti-fraud platform famous that Rainbow Drainer stole roughly $2.14 million from 2,189 victims. We additionally recognized one other scammer, Node Drainer, who appeared in a Christmas phishing marketing campaign that stole greater than $2 million in lower than two weeks.
Rip-off Sniffer additional famous that addresses related to Node Drainer transformed stolen USDC to ETH by way of AllBridge, leading to over $1 million in earnings. The report famous that not like Ethereum, Solana phishing typically includes direct transfers and exploits weaknesses in transaction simulations.
In the meantime, anti-fraud platforms described the blockchain ecosystem as a darkish forest the place fraudsters lurk. It warned customers to stay vigilant and knowledgeable to guard their digital belongings.
Solana attracted loads of customers within the final quarter of 2023, and the value elevated considerably. In accordance with TradingView knowledge, Layer 1 blockchain options rose over 570% from September 27, 2023 to December 25, 2023. SOL is buying and selling at $97.79 on the time of writing, down from its Christmas day excessive of $125.97.
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