WLFI Token Holders Face Phishing Attack
Date: 2025-09-02 Author: Gabriel Deangelo Categories: CRYPTO PAYMENTS
The Pectra network update introduced EIP-7702, which allows external accounts to temporarily function as smart contract wallets. This feature simplifies delegated transactions and speeds up batch transactions. However, attackers have found a way to exploit this feature: they obtain victims' private keys through phishing schemes and instantly transfer tokens to their addresses. SlowMist experts noted that WLFI holders were the main target of such attacks.
To reduce the risk of losses, experts recommend that users check delegated contracts in their wallets. If suspicious or malicious contracts are detected, they should be replaced with their own and the tokens should be immediately transferred to a new address. Such measures will help prevent unauthorized access to assets.
Similar threats are observed in other crypto projects. Previously, the Shiba Inu team warned about scammers creating fake websites for LEASH V2 token migration. The attackers convince investors to connect their wallets to fake services, after which they steal funds.
Security experts emphasize that cryptocurrency users need to carefully check website addresses and sources of information, especially during network updates or token migration. Phishing attacks are becoming more sophisticated, and even experienced investors can fall for the tricks of scammers.
In addition to technical measures, it is important to use two-factor authentication, update wallet software, and store private keys in safe places. Companies are also working on creating built-in security mechanisms that will help automatically block suspicious transactions.
The situation with WLFI clearly demonstrates that new features of blockchain networks carry not only benefits, but also potential risks. Users must combine vigilance, technical awareness, and caution when interacting with crypto assets to protect their investments.
Always check sources, use official platforms, and avoid suspicious links - these are simple but effective ways to reduce the risk of attacks on your tokens.
