Ah, the sweet scent of digital despair! In the sultry month of August, as the sun blazed and the crypto markets simmered, a plague of phishing scams descended upon the unsuspecting masses. Losses? A mere $12 million, siphoned away by the cunning hands of hackers wielding Ethereum EIP-7702 like a magician’s wand. Scam Sniffer, that vigilant watchdog of the digital realm, howled in alarm: 15,000 souls ensnared, a 67% leap from July’s folly. Truly, a carnival of greed and gullibility! 🎪
The Crypto Circus: Ethereum’s EIP-7702, a Tightrope for Fools
In this grand theater of the absurd, phishing scams have become the bread and circus of the crypto world. Transactions, links-all mere illusions, promising one thing and delivering another. Scam Sniffer, that noble sentinel, has unfurled its August report, a scroll of woe detailing the mounting losses. Over $12 million vanished in a month, a 72% surge in thievery. The victims? 15,230, each a testament to the triumph of hope over experience. 🕳️
The service whispers of EIP-7702 batch-signature scams and direct transfers to phishing contracts-the devil’s tools of choice. Three whales, poor leviathans, lost $5.62 million, nearly half the month’s plunder. Even the World Liberty Financial token holders, those dreamers of financial utopia, were not spared. Wallets blacklisted, trust shattered-a tragic farce, indeed. 🤡
This exploit, a masterpiece of malice, drains wallets with a mere authorization for multiple transactions. A feature meant to simplify, now a weapon in the hands of scoundrels. Ah, progress! 🚀
The Ethereum sages, those prophets of code, foretold this calamity before the Pectra upgrade. Yet, the criminals, ever resourceful, twisted EIP-7702 into a tool of darkness. New, unfamiliar, and unwatched-the perfect disguise. Users, blind to the peril, signed away their fortunes with a click. Ignorance, it seems, is the greatest exploit of all. 🧙♂️
Yet, let us not forget: phishing, though rampant, is but the second act in this tragedy. Exploits reign supreme, with Peckshield lamenting 16 crypto heists in August, a $163 million haul. A 15% rise from July-the thieves grow bolder, the victims more numerous. 🤑
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2025-09-08 11:57