Phishing scammers have cloned the websites of crypto media outlet Blockworks and Ethereum blockchain scanner Etherscan to trick unsuspecting readers into connecting their wallets to a crypto drainer.

A fake Blockworks site displays a fake “BREAKING” news report of a supposed multimillion-dollar “approvals exploit” on the decentralized exchange Uniswap and encourages users to a faked Etherscan website to rescind approvals. 

The fake Uniswap news article was posted on Reddit across several popular crypto-related subreddits by seemingly compromised Reddit accounts.

The fake Blockworks website (left) shows a fake breaking news story of a Uniswap exploit compared to the legitimate website (right).

The fake Etherscan website, which displays a purported token and smart contract approval checker, instead contains a wallet drainer.

Blockchain security firm Beosin reviewed the drainer’s smart contract and told Cointelegraph the attacker hopes to drain wallets with at least 0.1 Ether (ETH), worth $180. However, the drainer is incorrectly set up as “there is no phishing transaction prompted after a wallet is connected.”

The phishing website (left) compared to the legitimate Etherscan website (right).

Related: 85% of crypto rug pulls in Q3 didn’t report audits: Hacken

An age check of the domains shows the fake Etherscan site, approvalscan.io, was registered on Oct. 25 and the faked Blockworks site,

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Author: Jesse Coghlan

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