Trader loses $1M to onchain scammers via phishing token approval
Trader loses $1M to onchain scammers via phishing token approval A Uniswap Permit2 exploit drained a trader's wallet, highlighting approval phishing as one of crypto's most persistent and underestimated threats Share Add us on Google by Editorial Team Jul. The attack didn’t require a protocol hack or a zero-day exploit. The trader simply signed something they shouldn’t have.
- ▪Trader loses $1M to onchain scammers via phishing token approval A Uniswap Permit2 exploit drained a trader's wallet, highlighting approval phishing as one of crypto's most persistent and underestimated threats Share Add us on Google by Edi
- ▪The attack didn’t require a protocol hack or a zero-day exploit.
- ▪The trader simply signed something they shouldn’t have.
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Trader loses $1M to onchain scammers via phishing token approval A Uniswap Permit2 exploit drained a trader's wallet, highlighting approval phishing as one of crypto's most persistent and underestimated threats Share Add us on Google by Editorial Team Jul. 9, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); One trader is out roughly $1 million after falling victim to a phishing attack that weaponized Uniswap’s Permit2 feature.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at Crypto Briefing.