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NFT Drainer Claims to Bypass Cryptocurrency Wallet Update

|by Alpha Team

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NFT Drainer Claims to Bypass Cryptocurrency Wallet Update

Product Serial: F-2022-09-21a

TLP:CLEAR

In this flash report, ZeroFox Intelligence shares details about an advertisement for an NFT drainer targeting the latest version of MetaMask.

Standing Intelligence Requirements

DDW PII

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https://cloud.zerofox.com/intelligence/advisories/14956

Link to Download

View the full report here.

Scope Note

ZeroFox Intelligence is derived from a variety of sources, including—but not limited to—curated open-source accesses, vetted social media, proprietary data sources, and direct access to threat actors and groups through covert communication channels. Information relied upon to complete any report cannot always be independently verified. As such, ZeroFox applies rigorous analytic standards and tradecraft in accordance with best practices and includes caveat language and source citations to clearly identify the veracity of our Intelligence reporting and substantiate our assessments and recommendations. All sources used in this particular Intelligence product were identified prior to 11:00 AM (EDT) on September 21, 2022; per cyber hygiene best practices, caution is advised when clicking on any third-party links.

Executive Summary

A credible dark web actor is advertising an updated NFT drainer aimed at the latest version of MetaMask, indicating a burgeoning market for more sophisticated attack vectors aimed at the NFT user base. In early September 2022, well-regarded threat actor “jezabeth” announced a new NFT drainer capable of draining ERC-20, ERC-1155, ERC-721, and Ethereum (ETH) tokens on popular Russian language dark web forum exploit[.]in; the actor is selling this drainer for 8 ETH, which is valued at about USD 10,790.

Key Findings

  • A credible dark web actor is advertising an updated non-fungible token (NFT) drainer aimed at the latest version of MetaMask, indicating a burgeoning market for more sophisticated attack vectors aimed at the NFT user base.
  • Threat actors’ shift to more sophisticated exploits tracks with the increase in general awareness and popularity of NFTs, which provide a lucrative target base.

Tags: phishing & fraud,  all industries, DDW Markets, tlp:white