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Scam Sniffer Warns of $66K Loss from Phishing Attack via Uniswap Batch Transfers

PANews reported on August 5th of a phishing scam targeting an EIP-7702 upgraded address using batch transfers via Uniswap's Universal Router, urging caution as similar cases emerge.

UNI

Summary

PANews reported on August 5th that Scam Sniffer warned of a phishing attack resulting in a $66,000 loss from an EIP-7702 upgraded address. Attackers used batch transfers disguised as Uniswap swap transactions through the Uniswap Universal Router, and multiple similar cases have been detected, prompting users to remain vigilant.

Terms & Concepts
  • EIP-7702: An Ethereum Improvement Proposal standard that introduces upgraded address functionalities for enhanced smart contract operations.
  • Uniswap Universal Router: A protocol component that facilitates complex swap transactions by aggregating multiple transfer operations on Uniswap.
  • batch transfers: A method that consolidates multiple token transfers into a single transaction to increase efficiency and conceal malicious activity.