Crypto wallet security crisis deepens as NGRAVE users face $2.65 million phishing attack

Hackers routed $2.16 million in suspected NGRAVE phishing proceeds to Hyperliquid after hijacking the wallet maker's app notifications. Blockchain analytics firm Bitquery traced approximately $2.65 million in suspected losses across 84 cryptocurrency wallets following the Oct. 17 attack, which exploited security notifications sent through NGRAVE's LIQUID companion app. The thefts occurred over roughly six hours across Bitcoin, XRP , Ethereum , Solana , Dogecoin and Stellar. Bitcoin accounted for the largest share, with attackers draining about $1.76 million from 21 wallets before moving the proceeds across multiple blockchains.

Source: CryptoSlate