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NFT News

Users Lost Over $300K From Phishing Blur Airdrop Website, Still Active!

The malicious websites contain smart contracts that steal users’ ETH when it gets connected.

Written By:
Rajpalsinh

Last updated: March 16, 2023 1:18 PM
Published 2023-03-16
Share
Users Lost Over $300K From Phishing Blur Airdrop Website, Still Active!

As per the Tweet from TrustCheck, more than $300,000 worth of tokens were stolen through a phishing attack, in which users accessed malicious websites promoting BLUR token airdrop through their wallet. 

#ScamAlert

There is a phishing scam going around promoting a fake @blur_io airdrop!

Thanks to our community for bringing this to our attention. Stay safe out there! #BlurAirdrop #Blur #SCAM pic.twitter.com/sbe6KrFtJp

— TrustCheck (@TrustCheckxyz) March 9, 2023

Blur is the newly launched zero-fee NFT marketplace that gained the attention of NFT enthusiasts quickly, making it the largest NFT marketplace by replacing Opensea. 

Blur is airdropping its tokens’ $BLUR’ based on various parameters in different waves, including trading activity and loyalty with their platforms. Last month, 10% of Blur’s total tokens were distributed in a second airdrop to users based on their trading activity.

After observing the platform’s exponential growth, many people rushed to collect $BLUR tokens. The hype of Blur has become an opportunity for perpetrators to promote scams through malicious websites. 

According to data shared by TrustCheck, more than $300,000 worth of funds have been stolen from 24 scam websites since Feb. 15. Surprisingly, some malicious websites are still active. 

The malicious website is camouflaged with a smart contract designed to transfer ETH from users’ wallets to the scammer’s website. However, the security firms like TrustCheck are raising red flags on this website after scams surfaced in the community.

Also, users should follow the instructions on Blur’s social media accounts on Twitter, Discord, and others to avoid such scams. 

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Rajpal Singh - Former Crypto Journalist at The Crypto Times
By Rajpalsinh
Meet Rajpalsinh, a Content Writer at The Crypto Times, where his magical hands, with over 2 years of experience, transform the cryptic world of crypto into laughably simple tales.

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