{"id":14613,"date":"2024-06-24T12:34:18","date_gmt":"2024-06-24T09:34:18","guid":{"rendered":"https:\/\/forklog.com\/en\/phishing-attack-costs-makerdao-delegate-11-1-million-in-crypto\/"},"modified":"2024-06-24T12:34:18","modified_gmt":"2024-06-24T09:34:18","slug":"phishing-attack-costs-makerdao-delegate-11-1-million-in-crypto","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/phishing-attack-costs-makerdao-delegate-11-1-million-in-crypto\/","title":{"rendered":"Phishing Attack Costs MakerDAO Delegate $11.1 Million in Crypto"},"content":{"rendered":"<p>On June 23, an unknown perpetrator conducted a phishing attack, resulting in a user losing $11.1 million in various cryptocurrencies. Analysts at Lookonchain highlighted the incident.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Someone lost $11.1M in a phishing attack 5 hrs ago!<\/p>\n<p>He was exploited for 3,657 <a href=\"https:\/\/twitter.com\/search?q=%24MKR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MKR<\/a>($8.7M) and 2.56M PT Ethena tokens($2.4M).<\/p>\n<p>The exploiter sold 3,657 <a href=\"https:\/\/twitter.com\/search?q=%24MKR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MKR<\/a> for 2,502 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($8.7M), causing the price of <a href=\"https:\/\/twitter.com\/search?q=%24MKR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MKR<\/a> to drop by 7%.<\/p>\n<p>And swapped 2.56M PT Ethena tokens for 689 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($2.41M).\u2026 <a href=\"https:\/\/t.co\/PNcQNCZ9Pc\">pic.twitter.com\/PNcQNCZ9Pc<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1804714691677274563?ref_src=twsrc%5Etfw\">June 23, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The attacker <a href=\"https:\/\/etherscan.io\/address\/0x739772254924a57428272f429bd55f30eb36bb96#tokentxns\">withdrew<\/a> 3,657 MKR ($8.7 million) and 2.56 million Pendle USDe ($2.4 million) from the victim&#8217;s address. Subsequently, they exchanged 3,657 MKR for 2,502 ETH ($8.7 million) and 2.56 million Pendle USDe for 689 ETH ($2.41 million).<\/p>\n<p>Following the incident, the price of MKR fell by 7% and continues to decline at the time of writing.<\/p>\n<p>According to data from <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/address\/0xFb94D3404c1d3D9D6F08f79e58041d5EA95AccfA\">Arkham Intelligence<\/a>, the phishing victim was a delegate of MakerDAO.\u00a0<\/p>\n<p>Analysts at Scam Sniffer determined that the theft occurred due to the victim signing several phishing permissions to interact with their address.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?? 5 hours ago, a victim lost $11 million worth of aEthMKR and Pendle USDe tokens due to signing multiple Permit phishing signatures. <a href=\"https:\/\/t.co\/9jhgQMdkl9\">pic.twitter.com\/9jhgQMdkl9<\/a><\/p>\n<p>\u2014 Scam Sniffer | Web3 Anti-Scam (@realScamSniffer) <a href=\"https:\/\/twitter.com\/realScamSniffer\/status\/1804708942981091516?ref_src=twsrc%5Etfw\">June 23, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Earlier, on June 22, hackers attacked the Turkish cryptocurrency exchange BtcTurk. Losses from the breach are estimated at $54 million.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On June 23, an unknown perpetrator conducted a phishing attack, resulting in a user losing $11.1 million in various cryptocurrencies. Analysts at Lookonchain highlighted the incident.\u00a0 Someone lost $11.1M in a phishing attack 5 hrs ago! He was exploited for 3,657 $MKR($8.7M) and 2.56M PT Ethena tokens($2.4M). The exploiter sold 3,657 $MKR for 2,502 $ETH($8.7M), [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":14612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1227,44,1100],"class_list":["post-14613","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-transactions","tag-cybercrime","tag-makerdao"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14613","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=14613"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/14613\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/14612"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=14613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=14613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=14613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}