SlowMist Founder Warns of ZEROBASE Front-End Hack Leading to USDT Theft
Blockchain analytics reveal a ZEROBASE front-end compromise affecting over 270 users, with losses exceeding $240,000 and one case topping 123,000 USDT.
ETH
USDT
Summary
A hacked ZEROBASE front end on Binance Smart Chain led to unauthorized theft from more than 270 users, totaling over $240,000 in losses. One victim alone lost 123,597 USDT. The attack involved a malicious contract tricking users into approving USDT transfers, after which the stolen assets were moved to Ethereum addresses. ZEROBASE has implemented authorization detection and advised victims to revoke fraudulent permissions via revoke.cash.
Terms & Concepts
- Front-end Hack: A cyberattack targeting the user interface code of a platform to manipulate user interactions for malicious purposes.
- USDT: Tether, a U.S. dollar-pegged stablecoin used for trading and transfers in the crypto ecosystem.
- Malicious Contract: A harmful smart contract (self-executing blockchain code) designed to steal or exploit user assets once authorized.