Reported phishing attack linked to NGRAVE wallets reaches $2.65M
Bitquery traced funds into XMR1 purchases on Hyperliquid but could not confirm that every affected wallet belonged to an NGRAVE user, CryptoSlate reports.
A reported phishing attack linked to NGRAVE users totaled about $2.65 million, according to CryptoSlate.
Blockchain analytics firm Bitquery followed the funds into purchases of XMR1 on Hyperliquid, the report said.
Bitquery could not confirm that every wallet involved belonged to an NGRAVE user, leaving the full scope of the incident unresolved.
Attribution remains incomplete
The uncertainty means it is not yet clear whether attackers exploited an NGRAVE-specific issue or used phishing tactics against a broader set of wallet holders. The CryptoSlate report did not include a confirmed statement from NGRAVE.
Phishing remains a common route for attackers seeking seed phrases and wallet credentials, and wallet security incidents often hinge on whether users can verify the origin of a request before approving a transaction or entering recovery information.