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NGRAVE Users Suffer $2.65M Phishing Attack

NGRAVE, a cryptocurrency wallet maker, suffered a phishing attack where attackers compromised a third-party service behind their LIQUID app notifications. Fake alerts led users to a site seeking recovery phrases. Bitquery traced $2.65 million in suspected phishing proceeds to 39 Hyperliquid accounts. The thefts occurred across multiple cryptocurrencies including Bitcoin, XRP, Ethereum, Solana, Dogecoin, and Stellar, with Bitcoin accounting for the largest share of the losses.

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