Hackers stole $300,000 from visitors to the fake website of the ETHDenver crypto conference

Blockfence CEO told reporters that his company discovered a phishing website for the annual conference of Ethereum ecosystem participants – ETHDenver 2023.

Omri Lahav claimed that the hackers deployed a smart contract that gave them unauthorized access to more than 2,800 MetaMask wallets of random users.

Users of the fake site were asked to connect their MetaMask wallets using the standard “Connect Wallet” pop-up button.. The website also offered to execute a transaction, which, if approved by the user, would launch a malicious software script with the theft of funds at the end.

“Hackers have gone so far as to pay for Google ads to promote a malicious website URL, hoping for high search results when ETHDenver 2023 kicks off.. The fake website ranked second in Google search after the real ETHDenver site,” explained Omri Lahav.

Since the deployment of the smart contract in mid-2022, hackers have stolen more than $300,000 in Ether, according to Blockfence.

Earlier, the analytical company Chainalysis published a report, saying that at the end of 2022, crypto firms lost about $3.8 billion during hacker attacks.