Fake Ethereum Denver website linked to notorious phishing wallet

A faux web site of the favored Ethereum Denver convention is the newest phishing goal of a red-flagged good contract that has stolen over $300,000 value of Ether (ETH).

The favored convention noticed its web site duplicated by hackers this week to be able to trick customers into connecting their MetaMask wallets. In line with Blockfence, which recognized the fraudulent web site, the good contract has accessed greater than 2,800 wallets and stolen over $300,000 over the previous six months.

One other day, one other rip-off.
This time the scammer focused the @EthereumDenver web site. Blockfence is right here to guard you and battle scammers collectively: The rip-off contract was marked as “Excessive Threat” by our ML algorithm and our companions at @GoplusSecurity pic.twitter.com/Jdtoz2Bgu4

— Blockfence (@blockfence_io) February 20, 2023

ETHDenver additionally issued a discover to its followers on Twitter warning of the malicious web site.

Hiya Fellow Bufficorns!!

Please remember that there’s a FAKE ETHDenver web site that’s asking so that you can join your pockets.

“Go-ETHDenver” just isn’t us. Please report the location! pic.twitter.com/1dt4hYmfvO

— ETHDenver (@EthereumDenver) February 20, 2023

Blockfence CEO Omri Lahav advised Cointelegraph that customers have been prompted to attach their MetaMask wallets by way of the same old “join pockets” button. The web site prompts a transaction that, if permitted, carries out the malicious operate and steals the customers’ funds.

Blockfence’s analysis crew recognized the incident whereas monitoring totally different traits within the business. Lahav mentioned that the good contract executing the rip-off had stolen over 177 ETH since its deployment halfway via 2022:

“For the reason that good contract was deployed nearly six months in the past, it’s attainable that it was used on different phishing web sites.”

Hackers had gone so far as paying for a Google commercial to advertise the malicious web site’s URL, banking on search traits being excessive, with ETHDenver going down on Feb. 24 and 25. The faux web site appeared second on a Google search, above the precise ETHDenver web site.

As Cointelegraph previously reported, hacks and scams continue to be commonplace in the cryptocurrency ecosystem. 2022 saw over $2.8 billion of cryptocurrency stolen through a variety of hacks and exploits.