As the crypto market crashed, several big crypto data websites were hit by cyberattacks, prompting users to connect to their crypto wallets via fraudulent pop-ups.
A fraudulent popup appeared on a number of well-known websites, including CoinGecko, Etherscan, DeFi Pulse, and others, encouraging users to connect their MetaMask wallets to use them on the site.
This wallet is a cryptographic software wallet that can be accessed via phone or browser.
As reported with an ape skull logo and the now-disabled nftapes.win domain, the phishing attack appeared to promise a link to the Bored Ape Yacht Club initiative. To fix the issue, CoinGecko founder Bobby Ong informed CoinDesk that they are investigating the root cause of the attack.
Ong believes that the incident was caused by malicious advertising scripts from cryptocurrency advertising network, Coinzilla.
Meanwhile, Etherscan said in a tweet: “We have received reports of phishing popups via third party integrations and we are investigating. Please be careful not to confirm any transactions that appear on the website.”
This type of cyber attack usually involves sending fake communications that appear to come from a trusted source. Email is the most commonly used method of communication. The purpose behind such attacks is to steal sensitive information such as credit card and login information or to infect the victim’s computer with malware.
Check Point Research discovered a phishing attack last year in which Google ads were used to steal someone’s credentials or log into an attacker’s wallet to retrieve any transactions they made .
However, it should be noted that the latest attack on cryptocurrency data websites came after stablecoins such as Terra Luna and Coinbase saw major drops.
Earlier, top crypto exchange Coinbase experienced a massive outage amid the crypto mayhem, especially with Coin Terra Luna, raising investor concerns.
The Coinbase outage occurred as the world’s largest cryptocurrency exchange, Binance, halted trading of TerraForm Labs’ Terra (LUNA) and TeraUSD (UST) tokens, plunging as much as 98%, eroding investors’ life savings.
More than $275 billion was wiped out from the global crypto market cap in less than 24 hours on 12 May and bitcoin fell to nearly $27,000, the lowest level since December 2020.
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