Unsuspecting users looking to claim Blur token airdrops have had funds stolen by a number of fake websites.
Fraudsters once again looted users who could not change tokens (NFT), hoping to use many fraudulent websites to claim blurred (ambiguous) tokens for airdrop.
According to TrustCheck, more than $300000 was stolen, and such users unwittingly linked their wallets to spam sites.
The website with ambiguous legal compliance is a newcomer to the market potential of NFT. The three-stage airdrop incentive plan of the website directly leads to a sharp increase in the number of users and trading volume, which has opened a strong response in the industry. In the second token airdrop program that began on Feb. 15, Blur distributed 10% of the token supply to the other party based on the user's transaction behavior.
The first airdrop was retroactive, and six months before the site's launch in October 2022, tokens were available to anyone who bought or sold NFT on Ethernet Square. The second airdrop granted tokens to users who listed NFT before December 6, and the third to users who bid on the Internet after the new feature was launched.
Because of the incentive program system, many users have been looking for obscure tokens in the NFT ecosystem. Thus, it brings the opportunity for fraudsters to promote false airdrop links that tend to spam websites.
According to statistics from Cointelegraph, which extends TrustCheck sharing based on Etherum's Web3 browser security, assets worth more than $300000 have been stolen from 24 different fraudulent websites since Feb. 15. Some of these sites are still in operation, and users are warned to be careful when laying wallets.
These platforms apply blockchain smart contracts that automatically remind you to buy and sell when a user connects to his ETH wallet. Subsequently, all the ETH in the wallet can be placed at a specific detailed address, which allows TrustCheck to track the total amount of money stolen so far.
Devices such as TrustCheck will identify abnormal URLs and transactions, warning Web3 users of hidden misrepresentation of websites or smart contracts.
Ambiguity has also been the focus of attention on camera, due to reports that users are buying and selling NFT WALL to make money from its persuasive airdrop incentive program. However, big data engineer Hildebert Mouli é on Dune carries out user data analysis and shows that Blur's NFT transaction volume is reasonable.
Misrepresentation of web sites and Internet man-in-the-middle attacks are common online, while fraudsters are once again trying to use Web3 to suck up assets. In February 2023, a URL disguised as an ETHDenver conference website was linked to a detailed address of an infamous fishing wallet that has so far stolen more than $300,000.
At the end of 2022, fraudsters also used fraudulent websites to recover assets after the collapse of unsuccessful cryptocurrency exchanges, thereby looting FTX investors.