STEPN: users victims of hacks?

A hacker is looking for a match – Launched in December 2021, StepN has quickly become the go-to Move2Earn protocol in the decentralized finance (DeFi) ecosystem . Unsurprisingly, this success has attracted the envy of malicious users.

Phishing alert on StepN

StepN is the new phenomenon that has been igniting the cryptocurrency ecosystem for several months. The concept is simple, the app rewards users based on their physical activity. 

In practice, users must own a pair of StepN sneakers in the form of NFTs to earn rewards. 

Unfortunately, the application’s resounding success has attracted its share of malicious users. 

Thus, on Monday April 25, the company specializing in the analysis and security of blockchains, Peckshield sounded the alarm. 

“PeckShield has detected a multitude of StepN phishing sites. They insert a fake Metamask browser extension leading to steal your seed phrase or prompt you to connect your wallets or “claim” a giveaway. »

Alert tweet posted by Peckshield
Alert tweet posted by Peckshield – Source: Twitter .

>> No need for sneakers to take your first steps into the Bitcoin universe on AscendEX (affiliate link) <<

Hackers have cloned the STEPN site

Indeed, Peckshield announces that it has discovered a variety of phishing sites . The latter pretend to be StepN in order to steal the NFTs of Move2Earn users. 

As a reminder, a phishing site is a site that reproduces identically that of a project. The objective is to make the user believe that he is using the official site, to diminish his attention and push him to validate fraudulent transactions. 

No information regarding the number of users who have been trapped has yet been disclosed. 

For their part, the StepN teams have not yet communicated with regard to this case . A lack of communication criticized by several users following the publication of Peckshield. 

Phishing attacks affect many trending projects. Indeed, the emblematic Bored Ape Yacht Club collection paid the price for this type of attack , resulting in the loss of several dozen NFTs.

Caution is required to preserve your NFTs and your cryptocurrencies. Raise your head and smile again: a nice offer awaits you on AscendEX with 10% reduction on your trading fees. Do not wait to register ! (affiliate link, see conditions on the site)

What's your reaction?

Leave a comment

Minimum 4 characters