Crypto whale loses $24M in staked Ethereum to phishing attack

A crypto whale lost $24M worth of staked ETH in a phishing attack. The funds were in stETH and rETH on Rocket Pool and Lido.
The hacker stole 9,579 stETH worth $15.5M and 4,851 rETH worth $8.5M in just two transactions.
The hacker swapped the stolen assets for 13,785 ETH and 1.64 million DAI, transferring much of it to the exchange FixedFloat.
The victim likely enabled token approvals, granting the hacker permission to transfer the funds out.
The hack happened shortly after major ETH staking providers pledged to limit their share of the market to 22% each.

cointelegraph.com

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