Angel Drainer resurfaces with AngelX, deploying 300 phishing dApps
Angel Drainer, a well-known crypto phishing toolkit, has reappeared with a new and more sophisticated version called AngelX.
Within just four days, this new system has launched over 300 malicious decentralised applications (dApps) aimed at stealing digital assets, according to a recent report from blockchain security firm Blockaid.
In a statement released on September 4, Blockaid reported, "The new AngelX system has already deployed 300 malicious decentralised applications designed to steal digital assets from crypto users."
What’s troubling is AngelX’s focus on newer, less mature blockchains like The Open Network (CRYPTO:TON) and Tron (CRYPTO:TRX).
These platforms, as Blockaid explains, “are perceived as less equipped to defend against attacks, due to a lack of robust security tools and support.”
AngelX's evasion capabilities are another major concern.
"The evasion rate of the AngelX system is alarmingly high," Blockaid said, emphasising how difficult it is for other security firms to detect these malicious apps.
This advanced evasion makes it much easier for scammers to carry out their phishing attacks undetected, posing a serious risk to users on multiple blockchain networks.
The upgraded version of AngelX isn’t just about stealth; it’s also about ease of use.
With an improved user interface and control panel, it provides scammers with simple tools to create highly customised scams.
"The upgraded UX and control panel in AngelX make it even easier for bad actors to set up highly sophisticated phishing campaigns," noted Blockaid.
Since AngelX was launched on August 31, Blockaid has already identified more than 150 new scams that use the system.
Thanks to its early detection efforts, Blockaid was able to prevent the loss of approximately $400,000 in digital assets that would likely have been stolen within AngelX's first five days of operation.
“Our quick response allowed us to safeguard nearly $400,000 worth of assets right at the start,” Blockaid shared.
Earlier this year, Angel Drainer's operators appeared to scale back their activities around July 16, after realising that their identities might have been compromised.
However, the arrival of AngelX shows that they have not disappeared but rather have returned with more sophisticated tactics.
"Angel Drainer-powered phishing scams have resulted in around $25 million in stolen crypto assets to date," according to security analysts.
These drainer toolkits, like AngelX, are particularly dangerous because they allow scammers to drain wallets by tricking users into approving malicious token transfers.
“Drainers are usually shared among scammers in exchange for a cut of the stolen loot,” Blockaid noted, pointing out how profitable these tools can be for those looking to exploit them.
The resurgence of AngelX is a stark reminder to the crypto community to stay on high alert.
Security firms and users alike must be vigilant against these evolving threats.
As Blockaid put it, “The emergence of AngelX represents a significant evolution in crypto phishing tactics and a clear call to action for stronger blockchain security.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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