Cybersecurity firms Forta Network and Blockfence have disclosed how a sophisticated scam, coined “sleepdropping,” has cost Ethereum users $11.5 million since its first detection in December 2022. The insidious operation centers on ERC-1155 tokens, often disguised as legitimate NFTs. Alarmingly, these fraudulent airdrops have reached over 500,000 addresses. The tactics deployed by the scammers expose ... Read more
