Inferno Malware Masqueraded as Coinbase, Drained $87 Million from 137,000 Victims

The operators behind the now-defunct Inferno Drainer created more than 16,000 unique malicious domains over a span of one year between 2022 and 2023. The scheme “leveraged high-quality phishing pages to lure unsuspecting users into connecting their cryptocurrency wallets with the attackers’ infrastructure that spoofed Web3 protocols to trick victims into authorizing transactions,”

Beware: Scam-as-a-Service Aiding Cybercriminals in Crypto Wallet-Draining Attacks

Cybersecurity researchers are warning about an increase in phishing attacks that are capable of draining cryptocurrency wallets. "These threats are unique in their approach, targeting a wide range of blockchain networks, from Ethereum and Binance Smart Chain to Polygon, Avalanche, and almost 20 other networks by using a crypto wallet-draining technique," Check Point researchers Oded Vanunu,