Hackers Steal $300K in ETH From Fake ETHDenver Website

• Hackers have created a fake website for the Ethereum Denver Conference in order to steal user funds from their browser-based wallets.
• The malicious smart contract has stolen over $300,000 worth of Ether since its deployment six months ago.
• ETHDenver issued a warning on Twitter about the fraudulent website.

Fraudulent Website Linked to Ethereum Denver Conference

Hackers have created a fake Web3-enabled website for the popular Ethereum Denver conference in order to steal unsuspecting victims’ browser-based wallets. According to Blockfence, which identified the fraudulent website, the malicious smart contract has accessed more than 2,800 wallets and stolen over $300,000 worth of Ether since its deployment six months ago.

Warning Issued By ETHDenver

ETHDenver issued a notice to its followers on Twitter warning of the malicious website with users being prompted to connect their MetaMask wallets via the usual “connect wallet” button. The website prompts a transaction that carries out the malicious function and steals user funds if approved. Furthermore, hackers had gone as far as paying for a Google advertisement in order to promote the malicious website’s URL and take advantage of search trends related to ETHDenver taking place on Feb. 24 and 25th.

Rise In Phishing Attacks

This incident adds another example of an increasingly common type of attack where hackers use fake websites that look legitimate but are actually designed to gain access into users’ digital wallets and steal funds stored in them. Cointelegraph previously reported on similar hacks and scams that target DeFi users as well as those who use popular browsers like Chrome or Firefox with MetaMask extension installed.

Protection Against Phishing Scams

In order to protect against such attacks it is important for users to verify any web address they visit before connecting their wallets or entering personal information online. Services like Blockfence offer ML algorithms that can detect suspicious activity related to phishing websites, allowing users extra peace of mind when accessing crypto platforms online. Additionally, reputable crypto exchanges advise customers never click links from unknown sources or enter personal information into unfamiliar pages requesting it online, even if they appear legitimate at first glance.


Hackers continue targeting unsuspecting victims by creating fake Web3-enabled sites that are linked with notorious phishing wallets in order to steal their digital assets stored within them – making it essential for crypto users everywhere to remain vigilant when using any platform online and be aware of possible scams they might encounter while browsing the internet.