Home Guides Create2 Code Used to Drain $60M in Crypto

Create2 Code Used to Drain $60M in Crypto

Create2 Code Used to Drain $60M in Crypto


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By misusing Create2, wallet drainers can instantly create temporary wallet addresses to receive funds after a user clicks on a malicious signature. When users send funds or interact with a smart contract, they will be prompted to “approve” a signature, hackers often disguise permissions within this signature to gain access to a user’s wallet.



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