• Press Releases
    • Submit a press release
    • Read All
  • Contact us
Advertise
Bitcoinist.com
Buy Neo Pepe
No Result
View All Result
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
🚀 BUY NEO PEPE PROTOCOL 🚀
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
        • Ethereum Casinos
        • Solana Casinos
        • LiteCoin Casinos
        • DogeCoin Casinos
        • Live Crypto Casinos
        • New Casinos
        • Instant Withdrawal Casinos
        • Cash App Casinos
        • No KYC Casinos
        • VPN Casinos
        • Offshore Casinos
          • Crypto Casinos IT
          • Crypto Casinos ES
            • All Guides
          • Crypto Casinos JP
          • Crypto Casinos SG
          • Crypto Casinos MY
          • Crypto Casinos KR
          • No GAMSTOP Casinos in UK
          • No Cruks Casinos NL
      • Crypto Betting
        • No ID sportsbooks
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
        • Aviator Sites
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Bitcoinist.com
No Result
View All Result
Breaking News: Commerce Department To Release Blockchain Statistics, Says Lutnick
CyberSecurity Firm Warns Of Uniswap Phishing Scam Spreading False Exploit Information

Cybersecurity Firm Warns Of Uniswap Phishing Scam Spreading False Exploit Information

Eli Dambel
by Eli Dambel
2 years ago
·
Posted in Crypto News
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

In a new development, cybersecurity company PeckShield Inc. raised an alert regarding a phishing account circulating fake information about a bogus Uniswap exploit. 

There have been several hacks and attacks in the cryptocurrency industry in recent years. These intrusions and other fraudulent actions are only a few examples of security issues that have hurt the industry’s reputation and prevented general acceptance.

Phishing Scam Targets Uniswap Users

The phishing account poses as Pocket Universe, claiming that a Permits2 Contract issue renders Uniswap users’ funds insecure. The phony account then requests that individuals cancel their current approvals on a site called Revoke Cash.

Related Reading: Crypto Vs. Gold: The Case For Cryptocurrency As A Safe-Haven Asset

PeckShield alerted all Uniswap users via its Twitter platform about a phishing attack, cautioning everyone to be vigilant and not be a victim. The firm stressed that the exploiter’s tweets aim to get people to click a phishing link and lose their token. 

It stressed that users must always check the legitimacy of accounts and information sources before acting to avoid falling for such scams.

CyberSecurity Firm Warns Of Uniswap Phishing Scam Spreading False Exploit Information
Uniswap price trends above $6 l Source: Tradingview.com

Notably, the legitimate Pocket Universe account, @PocketUniverseZ, features an extension to shield users from fraud.

Other Crypto Scams And Exploits

The widespread adoption of cryptocurrency has increased the prevalence of scams of all kinds. Cybercriminals have developed a variety of tactics, and blockchain technology’s anonymity allows many of them to get away with such scams. 

According to a DeFi security report, almost half of the attacks and losses this first quarter of Q1 happened in the first weeks of March. Euler Finance and Bonq DAO exploits were the quarter’s loss leaders, with losses of $196 million and $120 million, respectively.

CoinDeal lost $45 million due to an exploit, and the Monkey Drainer Phishing criminals were in fourth place with $16.5 million lost to bad actors.

Related Reading: Crypto Vs. Gold: The Case For Cryptocurrency As A Safe-Haven Asset

Out of the $452 million in stolen funds, $130 million was ultimately recovered in Q1 2023, a recovery percentage of 28.7%. Some $520 million of the $1.3 billion stolen in Q1 2022 was recovered, representing a 40% recovery rate.

Six flash loan attacks out of the 49 theft incidents in the report resulted in over $200 million in losses, with Euler Finance accounting for most of the total. Smart contract exploits were the most prevalent attack, accounting for 17 occurrences.

A flaw in the BonqDAO smart contract resulted in a $120 million loss for BonqDAO and AllianceBlock on February 2. Platypus Finance, an automated market maker (AMM) that provides stable swap possibilities, was the target of an $8.5 million flash loan attack.

Featured image from Pixabay and chart from Tradingview

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
ShareTweetShareShare

Sign Up for Our Newsletter!

For updates and exclusive offers enter your email.

I consent to my submitted data being collected and stored.
Eli Dambel

Eli Dambel

Follow

Eli brings an eclectic point of view to market analysis. Currently, he writes about various asset classes, including Crypto and Stocks. Eli has been writing crypto oriented content for almost 6 years now and he is a hard core believer in Blockchain and is confident that it can reform the traditional financial system. He also thinks Bitcoin will become universal currency in the near future. You can follow Eli on Twitter: @EliDambel

Full Profile

Related Posts

BingX Debuts $WLFI Token with WLFI Listing Carnival

BingX Debuts $WLFI Token with WLFI Listing Carnival

1 hour ago
voyager-crypto-emirates-paiement-xrp-bitcoin

Emirates ouvre ses vols aux paiements XRP et Bitcoin

3 hours ago
Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 2)

Next Crypto to Explode Live News Today: Timely Insights for Chart Sniffers (September 3)

31 minutes ago
Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 3)

Bitcoin Hyper ($HYPER) Live News Today: Latest Insights for Bitcoin Maxis (September 3)

31 minutes ago
Analysts Predict BTC to Hit $150K–250K – $HYPER Could Be the Next 1000x Crypto

Crypto Giants Predict BTC to Hit $150K–250K – Bitcoin Hyper the Next 1000x Crypto?

2 hours ago
emirates-crypto-pay-xrp-billets-avion-2026

Crypto et aviation : Emirates choisit le XRP pour 2026

4 hours ago

Premium Sponsors

Press Releases

  • Trust Wallet Brings Tokenized Stocks & ETFs Onchain...

    34 seconds ago
  • Sun Yuchen

    Why has billionaire Sun Yuchen set his sights on Xiushan...

    31 minutes ago
  • AlloyX Merges with Solowin Holdings at $350 Million...

    3 hours ago
  • WinnerMining

    “Trump-Backed WLFI Booms — WinnerMining Cloud Mining...

    4 hours ago
  • Top 5 Most Profitable ASIC Miners in 2025: ROI Comparison

    19 hours ago

Bitcoin news portal providing breaking news, guides, price analysis about decentralized digital money & blockchain technology.

Buy Neo Pepe

Bitcoin

  • News
  • Price
  • Businesses
  • Acceptance
  • Technology
  • Investment
  • Regulation
  • Reviews

Altcoins

  • News
  • Price
  • Ethereum
  • Ripple
  • Litecoin
  • EOS

Categories

  • Blockchain
  • Security
  • FinTech
  • Technology
  • Trending
  • Breaking News
  • Press Releases
  • How to

About Us

  • Advertise
  • Contact us
  • Editorial Policy
  • Privacy Policy
© 2025 Bitcoinist.com. All Rights Reserved.
  • Bitcoin
    • News
    • Price
    • Businesses
    • Acceptance
    • Technology
    • Investment
    • Regulation
    • Reviews
    • All Bitcoin News
  • Altcoins
    • News
    • Price
    • Ethereum
    • Ripple
    • Litecoin
    • EOS
    • NAGA
    • All Altcoin News
  • Tech
    • Blockchain
    • Security
    • FinTech
    • Price
      • Bitcoin Price
      • Ethereum Price
      • Binance Coin Price
      • Litecoin Price
  • Industry
    • Industry News
    • Press Releases
  • How to
    • Buy gift cards/mobile Top Ups with Cryptos
    • What Is Bitcoin?
    • Best Bitcoin Wallet
    • Bitcoin vs Ethereum
    • Why Use Blockchain Technology?
    • Bitcoin Cash ABC vs. Bitcoin Cash SV
    • How to Buy Cryptocurrency
    • How to do Crypto Gambling
      • Crypto Casinos
      • Crypto Betting
    • Play Crypto Games
      • Crypto Poker
      • Crypto Slots
      • Crypto Blackjack
      • Crypto Crash Gambling
      • Plinko
    • Bitcoin Mining
    • Best Bitcoin Brokers
    • Best Bitcoin Forex Brokers
    • How To Earn Bitcoin
    • What is Facebook Libra?
    • Ripple and XRP: The Complete Guide
  • Events
  • Play Games
Advertise

© 2025 Bitcoinist. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.