Phishing Attack Leads to $1.67M $EIGEN Token Theft, Slowmist Sheds details

The post Phishing Attack Leads to $1.67M $EIGEN Token Theft, Slowmist Sheds details appeared first on Coinpedia Fintech News

Eigen Labs had notified its community about a phishing attack and the subsequent loss of over 1.67 million $EIGEN tokens. According to the SlowMist report, the hack began with a phishing attack that targeted an investor’s employee email. The attacker took advantage of this access, sending emails from fake addresses imitating the real accounts, and injected fake approval emails into real threads involving the investor, Eigen Labs and one of the custodians. Thanks to impersonation both with the investors’ identity and the custodians, the attacker was able to change the address in the confirmation stage without further validation.