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Phishing fraudsters have replicated the websites of the crypto media platform Blockworks and the Ethereum blockchain explorer Etherscan to deceive unaware users into engaging with a fraudulent site.
A counterfeit Blockworks site features a fabricated “BREAKING” news article regarding an alleged multimillion-dollar “approvals exploit” on the decentralized exchange Uniswap, urging users to visit a spoofed Etherscan site to revoke approvals.
The imitation Blockworks website (left) presents a false breaking news report about a Uniswap exploit alongside the authentic website (right).
The fraudulent Etherscan site, which claims to offer a token and smart contract approval checker, actually contains a smart contract that could potentially drain a crypto wallet when connected.
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The phishing site (left) compared to the authentic Etherscan site (right).
An examination of the domain registration reveals that the fraudulent Etherscan site — approvalscan.io — was registered on October 25, while the counterfeit Blockworks site — blockworks.media was registered the following day.
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