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CoinTurk News 2023-09-07 17:25:14

Crypto Whale Falls Victim to Identity Theft and Loses Millions of Stake-locked Ethereum

A crypto whale has fallen victim to a major identity theft attack, resulting in the loss of millions of dollars’ worth of stake-locked Ethereum in the liquid staking provider Rocket Pool. This attack highlights the risk of using malicious smart contracts to defraud users of ERC-20 tokens, and Ethereum staking providers are taking necessary precautions and measures to limit such risks. $24 Million Hack Attack According to the crypto security firm PeckShield, a large crypto investor lost their entire balance of Lido Staked ETH (stETH) and Rocket Pool ETH (rETH) due to an identity theft attack. The post Crypto Whale Falls Victim to Identity Theft and Loses Millions of Stake-locked Ethereum appeared first on COINTURK NEWS.

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