Fake NFT Airdrops Trying to Compromise Solana (SOL) Wallets and Siphon Crypto Assets: Report

Fake NFT Airdrops Trying to Compromise Solana (SOL) Wallets and Siphon Crypto Assets: Report

Phony non-fungible token (NFT) airdrops are reportedly targeting Solana (SOL) wallets with malware to steal passwords and digital assets.

According to a new report from BleepingComputer, attacks began two weeks ago and, as needed, constitute Phantom security upgrades titled “PHANTOMUPDATE.COM” or “UPDATEPHANTOM.COM.”

“When opening the NFTs, wallet owners are told that a new security update has been released and that they should click on the attached link or visit the website to download and install it. “Phantom requires all users to update their wallet. This must be done so as soon as possible,” reads the warning in the fake Phantom update NFT. “Failure to do so may result in the loss of funds due to hackers exploiting the Solana network.”

The source of the malware is unclear, but it is designed “to steal browser information, such as history, cookies and passwords, as well as SSH keys and other information,” according to the report.

The report suggests it could be MarsStealer, an earlier malware attempt using a similar filename.

“The goal of this campaign is likely to steal cryptocurrency wallets and passwords which would allow the threat actors to steal all crypto funds and compromise other accounts belonging to the victim.”

Those who fall victim to the scam should take several steps, according to BleepingComputer.

“Those who installed the fake Phantom security patch should immediately scan their computer with an antivirus program and then transfer crypto funds and assets from their existing Phantom wallet to a new one.

Next, victims should change their passwords on all websites they use, focusing on cryptocurrency trading platforms, online wallets, bank accounts, email or other sensitive platforms.

Ultimately, victims should change their password to a unique one for each site they visit to prevent credential leaks at one site from affecting other sites.”

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