User Hack

TOTAL LOST $196K
Low Phishing Attacks

What happened

Quick Summary

The user on Ethereum chain suffered a phishing scam, losing 73.85 wstETH worth approximately $195,887 USD.

Details of the Exploit

On February 4, 2024, a user fell victim to a phishing scam. The victim signed an "Increase Allowance" transaction, which allowed the attacker to steal 73.85 wstETH (worth around $195,887 USD) from the wallet. The attacker first stole 18.46 wstETH and then, almost immediately, another 55.39 wstETH.

Most of the stolen funds were exchanged for ETH and still remain in one of the attacker's addresses as of February 7, 2024.

Block Data Reference

Attacker's Addresses:

https://etherscan.io/address/0x63605E53…C44A51

https://etherscan.io/address/0x9fA7bB75…f2C726

Increase Allowance Transaction

https://etherscan.io/tx/0x31c68652…70b4ff

Malicious Transactions:

https://etherscan.io/tx/0x58793d06…4c95da

https://etherscan.io/tx/0x254cfade…bf279c

Funds Holder as of Feb 7, 2024:

https://etherscan.io/address/0x888A44b1…3EBa20

Case & protocol details

Classification Other
Protocol Type Exploit/Phishing
Official Website usde.co/
Protocol Twitter/X @USDEofficial

Evidence & learning

Attack pattern

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Phishing Attacks

Sources and on-chain records

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