Whale Loses $55.47M DAI In Phishing Attack: A Cautionary Tale

Whale Loses $55.47M DAI In Phishing Attack: A Cautionary Tale

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Source: TheMerkle.com

In a devastating phishing attack, a crypto whale lost 55.47 million DAI due to a careless mistake.

The incident unfolded when the whale unknowingly signed an unknown transaction 13 hours ago, inadvertently setting the owner of his 55.47 million DAI in Maker to a phishing address: “0x0000db5c…41e70000.”

This critical error allowed the attacker to gain control of the whale’s funds. Later, when the whale attempted to withdraw his 55.47 million

Read More https://themerkle.com/whale-loses-55-47m-dai-in-phishing-attack-a-cautionary-tale/

The post "Whale Loses $55.47M DAI In Phishing Attack: A Cautionary Tale" appeared first here TheMerkle.com.

Source: TheMerkle.com

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