Searching for Sony's blockchain on Google? Beware—a malicious ad link is stealing crypto funds. Stay alert, protect your assets, and avoid phishing traps!
Web3 security firm Scam Sniffer has uncovered a crypto-draining threat targeting Google users searching for Sony’s new blockchain, Soneium. A malicious sponsored link appears as a legitimate result but instead leads users to a dangerous wallet drainer. With the growing risk of phishing in the crypto space, vigilance is key.
Key Points:
Malicious Sponsored Ad:
When users search for Sony’s blockchain "Soneium" on Google, a sponsored link appears, but it leads to a hidden crypto wallet-draining website. This deceptive ad appears legitimate, tricking users into clicking it. Scam Sniffer, a Web3 security firm, exposed this attack, showing how even trusted platforms like Google can inadvertently serve harmful links.
Phishing Trap:
The phishing site hides its malicious content from Google’s detection, making it difficult for users and even the search engine to recognize the danger. When users click on the fraudulent link, it deploys a crypto wallet drainer, potentially stealing valuable assets from unsuspecting users. Scam Sniffer warned about these risks, urging caution when using search engines for sensitive topics like crypto.
Crypto Scams on the Rise:
Phishing scams are becoming more frequent and advanced in the crypto world. According to Scam Sniffer, over $46 million worth of crypto was stolen in September 2024 alone. These scams are becoming more sophisticated, using techniques like domain name mimicry and slight variations in URLs to trick users into thinking they are visiting legitimate websites.
Evasion Tactics:
The creators of these phishing websites use evasion techniques to remain undetected by Google. Scam Sniffer explained that the phishing website is only visible to targeted users, making it harder for Google’s algorithms to flag the malicious content. This makes it difficult to block these phishing sites before they cause damage.
Victims of Phishing:
The primary targets of these scams are Ether wallets, but any crypto wallet is at risk. Scammers commonly register domain names that are nearly identical to legitimate ones, making it difficult for users to spot the difference and avoid the trap. Over $127 million in crypto has been stolen from phishing scams just in the third quarter of 2024.
The rise of phishing scams in the crypto world demands constant vigilance. Users should avoid clicking on sponsored ads in Google searches, especially for crypto-related queries. Always verify URLs and use trusted links to access blockchain services.
Source: Cointelegraph
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