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Scammers create spoof Blockworks site to drain crypto wallets

Scammers create spoof Blockworks site to drain crypto wallets

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Source: Coin Telegraph

Phishing scammers have been spreading fake news of a $37 million dollar Uniswap exploit using a convincing fake Blockworks website.

Phishing scammers have cloned the websites of crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan to trick unsuspecting readers into interacting with a phishing site.

A cloned Blockworks site displays a fake “BREAKING” news report of a supposed multimillion-dollar “approvals exploit” on the decentralized exchange Uniswap and encourages users to a faked Etherscan website to rescind approvals.

The fake Blockworks website (left) shows a fake breaking news story of a Uniswap exploit compared to the legitimate website (right).

The fake Etherscan website, displaying a purported token and smart contract approval checker, instead contains a smart contract that would likely drain a crypto wallet when connected.

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The phishing website (left) compared to the legitimate Etherscan website (right).

An age check of the domains shows the fake Etherscan site — approvalscan.io — was registered on Oct. 25, with the faked Blockworks site — blockworks.media registered a day later.

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Author: Jesse Coghlan