Wallet Drainers Expanding Their Reach
Wallet drainers are now targeting Ethereum (ETH), Solana (SOL), and Tron (TRX) communities to execute phishing scams. Previously, they focused on conducting crypto scams via EVM chains, but now they have expanded their reach into well-established crypto groups.
Overview of the Airdrop Scam
According to a post by Scam Sniffer, phishing scams are being initiated by attracting crypto enthusiasts through fake airdrops. The scammers create a webpage where individuals can claim Ethereum, Solana, and Tron airdrop rewards. They term it as an “exclusive opportunity” for the community and encourage people to connect their primary wallet to access these airdrops. These fraudsters can drain various types of crypto wallets through this webpage.
The Alarming Impact
This update is alarming considering the popularity of Ethereum, Solana, and Tron. It could lead crypto investors to believe in these wallet drainers and potentially lose millions and billions of digital asset investments.
Identifying Scams
To identify such scams, it is important to check the source of the links. If a trusted entity isn’t posting these airdrop updates, it’s best to avoid them completely. Additionally, hackers have been hacking reputed companies’ X accounts to promote crypto scams, so it’s crucial to be cautious.
Certik and Mandiant Official X Accounts Hacked
Certik, a blockchain audit firm, experienced its X account being hacked earlier this month. Malicious links were posted on their website promising people the return of digital assets lost to various crypto scams. Mandiant, a cybersecurity company, also had its X account compromised and used to promote a cryptocurrency scam.
Hot Take: Protect Yourself from Wallet Drainer Scams
As wallet drainers expand their reach and target well-established crypto communities, it’s essential to stay vigilant. Be cautious of fake airdrop scams and always verify the source before engaging. By taking these precautions, you can protect yourself from potential losses and secure your digital assets.