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Hundreds of EVM Wallets Hit by Coordinated Low-Value Draining Attack

Multiple Ethereum Virtual Machine (EVM)-based wallets suffered losses under $2,000 per address in a targeted campaign affecting hundreds of accounts.

ETH

Summary

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Terms & Concepts
  • Ethereum Virtual Machine (EVM): A decentralized computing environment that executes smart contracts (self-executing blockchain code) on Ethereum-compatible blockchains.
  • Wallet Draining Attack: A malicious activity where unauthorized parties transfer funds out of a cryptocurrency wallet without the owner's consent.