For the last two weeks, unknown hackers have been airdropping nonfungible tokens (NFTs) to Solana cryptocurrency users masquerading as a new Phantom wallet security update, however, instead of an update, it's malware designed to steal their crypto.
According to BleepingComputer, the hackers are claiming to be from the Phantom team and using NFTS titled "PHANTOMUPDATE.COM" or "UPDATEPHANTOM.COM."
After opening the NFT, users are told a new security update has been issued for the Phantom wallet and can be downloaded by using the enclosed link or the listed website.
To add urgency, the message claims that failing to download the fake security update, “may result in a loss of funds due to hackers exploiting the Solana network.”
The urgency piece is likely related to the Solana-based wallet hack which saw roughly $8 million stolen from 8,000 wallets in August, including those of Phantom wallet users. The security exploit was later linked to vulnerabilities within the Solana-based Web3...
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