Unlock your trading potential! Become a verified Bitget elite trader and earn 10,000 USDT to help skyrocket your profits. Join now and start your journey to success!
Share link:In this post: The spoof link was active for a few hours before being taken down, displaying the legitimate site. DeFi Llama Swap was spoofed, but the danger was only tied to attempting a swap, with no losses reported. Spoof links, poisoned addresses and other phishing attempts led to $20M in losses for October.
DeFi Llama is the latest victim of a spoofing link. The data service warns against using top links from Google, as malicious activity has been noticed.
DeFi Llama warned against using Google to search for Llama Swap. The search yielded an advertising site as the top sponsored result, which remained live for more than two hours.
The website is not the native DEX on DeFi Llama, and will instead contain malicious links. The site has been reported to Google, but remained live for a while after DeFi Llama’s signal. The DeFi Llama Swap contracts have not been compromised, and there are no additional risk to users.
DeFi Llama Swap aims to be a zero-fee service, seeking the most efficient route among multiple aggregators. The swap service is targeting Ethereum and L2 tokens, and is not compatible with Solana wallets. DeFi Llama itself is a passive data service that does not require a wallet connection.
Even with a malicious link, some wallets should warn about the discrepancy through internal checks, and prevent any transactions or permissions. Using sponsored content on Google is a relatively old way to serve fake links and attempt to drain wallets.
Google ads have targeted crypto projects, especially during bull runs when mainstream enthusiasm for crypto is rising. The ad arrived after a slight uptick in ‘DeFi’ search terms on Google.
See also WazirX Rebalancing Calculator shows users missing out on Bitcoin's $81K all-time high
The Defi Llama Swap spoof site was identical to the original, with the exception of the URL. The faked site was flagged for suspicious activity, but contains no malware. The risk comes from the voluntary decision of the user to connect a wallet and attempt a swap.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Cboe BZX filed four applications for spot Solana ETFs earlier this week.The approval path for additional spot crypto ETFs should become clearer with a pro-crypto White House administration.