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Crypto Whale Just Can’t Get Enough of Losing His Stupid Money

An illustration of a whale wearing sunglasses with an expression of shock or surprise as he looks at his wallet which is empty except for a few coins on the ground below him; in the background there are two people running away from each other, one holding a briefcase and looking back over their shoulder while the other has a phone to their ear. The whale's body language conveys panic with his fins raised up towards the sky as he stands amidst scattered papers and broken glass on the ground around him;

You know what they say about greed: “Greed is a bottomless pit which eventually loses its floor.” And who better to exemplify this than the gullible whale that lost $55 million in cryptocurrency due to an unverified transaction? It’s almost as if he wanted to be robbed blind. I mean, come on! Who signs off on transactions without even double-checking their authenticity.

Source: cointelegraph

A crypto holder who signed an unverified transaction lost $55 million in crypto to malicious actors who employed a phishing attack to steal the whale’s stablecoins.  On Aug. 20, a crypto wallet owner signed a transaction that changed the ownership of 55.47 million Dai (DAI) in the decentralized finance (DeFi) protocol Maker. Because of the signed transaction, a phishing address took ownership of the wallet’s stablecoins.  The whale seemed to […]

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