Hedgy Finance has begun attempts to recover stolen funds after a $1.9 million security breach on the Hedgy Token Claim Contract. Phishing attacks increase as Ethereum name service address suffers a major hit. Investors should exercise caution as Bitcoin halving hype could lead to more attacks. However, Hedgy announced that it's currently working out plans to recover the stolen funds. This comes after a series of phishing attacks across various blockchain platforms.
Our system has identified multiple phishing transactions this morning. Unfortunately, victims have approved the phishers' External Owned Account . We strongly advise revoke approvals for https://t.co/qR54s5N37M The phishers have collected approximately $3M across… pic.twitter.com/VcOSh0N0dW — Cyvers Alerts April 19, 2024 Cyvers admonished users to revoke approvals for the several phishing EOAs. The phishing attacks seem not to be over, as an Ethereum name service address mummyhap.
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