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Hackers Use Malicious Google Ads to Steal $4 Million In Crypto Stablecoin
Hackers used malicious Google ads to trick users into giving up their private key to steal their cryptocurrency. The cybercriminals targeted people who hold UST, a popular cryptocurrency that aims to remain pegged to the U.S. dollar from the Terra blockchain—a so-called stablecoin currently vying for dominance in decentralized finance, or DeFi. The phishing operation was spotted by cybersecurity firms Knownsec Blockchain Labs and SlowMist. According to Knownsec, the hackers have stolen $4.31 million from 52 wallets, which they hacked between April 12 and April 21. Knownsec posted a Terra address that the company ... (full story)