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Hack history / 2020 / Phishing

Web3 DeFi

Phishing on Jun 25, 2020 · Phishing attack

ONE SOURCE · 1 SOURCE
Lost
$100K
dollars at the time
Returned
none listed
as the sources state it
Rank
#1,730
among thefts by dollars lost

What happened

The malicious Web3 applications "phishing dapps" were discovered in a recent study, they pretend to be legitimate applications or services to steal cryptocurrencies. For example, since MakerDAO officially closed the single-mortgage Sai system, such phishing tools have begun to appear, and they pretended to need a new tool to help users migrate from SAI to DAI. For example, a domain name provides a simple interface to start the migration from SAI to the new DAI at a 1:1 ratio, it seems like an official channel. However, the actual transaction to be signed simply sends the SAI to an address owned by the attacker. SAI, which has been traced to more than US$100,000, was transferred to the attacker's account.

Details

Date
Jun 25, 2020
Kind
Phishing
Method
Phishing attack
How in
Phishing and scams
Target
not stated
Chains
Ethereum

Reported by

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Cite this pageSwanBluechip, "Web3 DeFi phishing, Jun 25, 2020: $100K lost", Crypto hack history, https://swan-hack-tracker.pages.dev/history/i/hted14ca4089/ (data as of 2026-10-31).
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