Close Menu

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    CRITICAL UPDATE Re: DAO Vulnerability

    April 28, 2026

    Tether pushes deeper into Bitcoin with open-source MDK mining stack

    April 28, 2026

    Bitcoin treasury firm NAKA’s shares and mNAV crashed 90%

    April 28, 2026
    Facebook X (Twitter) Instagram
    Tuesday, April 28
    • About
    • Contact us
    • Privacy Policy
    Facebook X (Twitter) LinkedIn YouTube
    Blockchain Echo
    Banner
    • Lithosphere News Releases
    • Bitcoin
    • Crypto
    • Ethereum
    • Litecoin
    • Altcoins
    • Blockchain
    Blockchain Echo
    Home » Security Alert – Smart Contract Wallets created in frontier are vulnerable to phishing attacks
    Ethereum

    Security Alert – Smart Contract Wallets created in frontier are vulnerable to phishing attacks

    Sophia BrownBy Sophia BrownApril 28, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Affected configurations: All smart contract wallets created using Ethereum Wallet  Frontier, version 0.4.0 (Beta 7) or earlier. Wallets created with Ethereum Wallet 0.5.0 and all later versions released after March 3, 2016, are not affected.

    Likelihood: Low

    Severity: High

    Summary:

    Do not use wallet contracts or owner accounts of those wallets that were created by the Ethereum Wallet 0.4.0 or earlier. If you send to (or interact with) a malicious contract it could take ownership of your wallet contract. Create a new wallet and move your funds.

    How to be super safe??

    Don’t use the vulnerable wallet contracts, AND the owner accounts of these wallets to send ether and interact with contracts you don’t know!
    If you don’t use these accounts and wallets, and upgrade your wallet as 
    described here, you are safe!

    Details:

    An attack vector was discovered that affects the smart contract wallets created before the Homestead release (Frontier phase). The attack can happen if an affected wallet interacts with a malicious contract OR if the owner account of an affected wallet interacts with a malicious contract that knows the address of his wallet. An attacker can then impersonate the owner and thus can steal funds or tokens and change the owner of the wallet.

    If you do not use your wallet and owner accounts with contracts you don’t know, you are safe!

    Receiving Ether and sending Ether to non-contract accounts is fine.

    Also if you configured your wallet with multisig, you are safer, as the attacker would need to make you send with all owners to malicious contract(s).

     

    Proposed solution:

    We recommend that if you created a wallet using the affected versions, you take one of these steps:

    • Create a new wallet with the latest version of Ethereum Wallet (any version from 0.5.0 or newer) and move your funds there. You can follow these steps.
    • Until you do the above, do not use any account which is an owner of an affected wallet, or the affected wallet itself to interact with closed source or otherwise unknown contracts that might trigger arbitrary actions (including forwarding Ether). Send/interact only to addresses you own, or know!
    • Create a secondary account for your every day usage. This one should not be connected to your contract wallets

     

    We created a new Ethereum Wallet release 0.7.6, which will detect your vulnerable wallets.

    Download the latest release and follow the steps described in the release notes to update your vulnerable wallets!

    https://github.com/ethereum/mist/releases/tag/0.7.6



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleKash Patel says FBI caught hacker behind COVID data theft
    Next Article Justin Sun clashes with World Liberty Financial over frozen WLFI
    Sophia Brown

    Related Posts

    CRITICAL UPDATE Re: DAO Vulnerability

    April 28, 2026

    Thinking About Smart Contract Security

    April 28, 2026

    DAO Wars: Your voice on the soft-fork dilemma

    April 28, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Coinbase gains India regulatory clearance for CoinDCX investment

    March 4, 2026

    Low-touch off-ramps can unlock web3

    March 4, 2026

    Success Story: Florian Allione’s Learning Journey with 101 Blockchains

    March 4, 2026
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews

    Subscribe to Updates

    Get the latest tech news from FooBar about tech, design and biz.

    About Us

    Stay updated on the world of cryptocurrency
    Your one-stop source for daily crypto news and insights
    Blockchainecho.info: Your trusted daily crypto companion

    Most Popular

    Coinbase gains India regulatory clearance for CoinDCX investment

    March 4, 2026

    Low-touch off-ramps can unlock web3

    March 4, 2026

    Success Story: Florian Allione’s Learning Journey with 101 Blockchains

    March 4, 2026
    Copyright © 2025
    • Home
    • Buy Now

    Type above and press Enter to search. Press Esc to cancel.