• 29 May, 2024
News

PeckShieldAlert Flags the “orblter[.]finance” Phishing Site

The leading blockchain security company PeckShieldAlert (PSA) has flagged a phishing site “orblter[.]finance” pretending to be “the real Orbiter Finance.” PSA further revealed that the scammers managed to grab “~38.4 $ETH from ~50 victims” in the last 4 hours, later swapping those ETH for 79.8K $USDT.

Notably, Orbiter Finance is the multi-accumulation infrastructure of the future of Ethereum. It is a decentralized cross-accumulation bridge having smart contracts on the destination side.

Notably, PeckShieldAlert tweeted sharing the details incorporating the relevant Etherscan transaction hash:

PeckShieldAlert also shared a graphic image depicting the transactional process employed by the phishing attackers.

Phishing and hacking attacks on cryptocurrency platforms, exchanges, and DeFi (decentralized finance) protocols are rising. PeckShieldAlert has been playing a central role in alerting the crypto community about potential phishing attempts.

The recent hacking and phishing attacks the PSA flagged include instances of a ZeroTransfer scam and an Ethereum MEV exploit. In the “ZeroTransfer” instance, the scammer stole 3.8 million USDT from the 0x2f10…bd5 wallet address. In it, the phisher, as reported by PSA, “swapped ~3.8M $USDT for ~3,033 $ETH (Current Value: ~5.66M) and deposited them into Tornado Cash.”

The Ethereum MEV exploit involved a total loss of $25 million. In this instance, the PSA revealed that the stolen funds were “mainly located in 3 addresses, 0x3c98…8eb (~20M), 0x5b04…5b6 (~2.3M) and 0x27bf…f69 (~3M).”

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