- AngelX is a new version of the infamous Angel Drainer toolkit
- Over 300 malicious DApps have already been deployed to steal digital assets
- New blockchains such as TON and Tron are becoming prime targets for attacks
- AngelX demonstrates high detection evasion rates, making it difficult to protect assets
Blockaid announced that the infamous Angel Drainer is back, and has received an update becoming AngelX.
This new app has already cracked over 300 malicious Dapps, as well as targeting primarily TON and Tron assets, effectively avoiding detection, and increasing the scale of the threat.
AngelX Attacks
AngelX is an improved version of Angel Drainer and targets blockchains with less developed security, which is often the case with young or less-leading crypto projects.
Blockaid reports that AngelX phishing attacks are particularly active on TON and Tron, networks that already have some security concerns.
“AngelX perceives these networks as less equipped to defend against attacks. Plus, the toolkit has already been used by 150 scammers to deploy phishing schemes.”
Increased Stealth and Convenience of AngelX
Malware is becoming more sophisticated, and AngelX is no exception. Blockaid highlights its ability to avoid detection by traditional security tools in the crypto space, and many malicious DApps were able to go undetected in the first few days after AngelX’s launch.
In addition, AngelX features an updated interface and dashboard that allows fraudsters to easily customize and create phishing apps on various blockchains. Blockaid was able to prevent the theft of approximately $400,000 in assets in its first five days of operation.
Conclusion
This is not the first crypto scam that has come back with renewed vigor and it is largely due to AI.
AI is now becoming a key tool in waging cyber wars, and information wars and making scams more frequent and sophisticated.
Be very careful about all your online activity, because people are still the main vulnerability.
