zachxbt

An attacker has drained “hundreds” of crypto wallets on #Ethrereum Virtual Machine (EVM) chains, siphoning small sums from each victim in what onchain investigator #zachxbt described as a broad but low-value exploit.
The losses appear limited on a per-wallet basis, with each victim losing less than $2,000, according to #zachxbt . The activity has affected wallets on several EVM-compatible networks, indicating a widespread incident rather than it being isolated to a single blockchain.
A fraudulent email disguised as legitimate communication from Web3 wallet #MetaMask could have been the vehicle for the attack, said cybersecurity researcher Vladimir S., who cited a clue left by another pseudonymous X user.

📅 January 2 | Crypto Security
The new year is just beginning and the crypto ecosystem is already facing a disturbing threat. Without spectacular exploits or millionaire headlines, hundreds of wallets are being silently drained across multiple chains supported by the Ethereum Virtual Machine. The pattern is subtle, almost invisible to the media radar, but its scope is broad and still unknown.

📖Onchain researcher ZachXBT raised the alarm after detecting a wave of wallet empties distributed across several EVM chains. As explained on his Telegram channel, the attacker is not looking for large individual loot, but instead targets many wallets with small thefts, generally below $2,000.
This discreet but persistent strategy has allowed the attack to advance without generating immediate panic, while the accumulated damage continues to grow.
As of last report, confirmed losses were around $107,000, although ZachXBT warned that figure is likely only a fraction of the final impact. The attack is still active and, most worryingly, the entry point has not yet been identified. It is not known whether the vector is a compromised extension, a malicious signature, a vulnerability in contracts, or a user-level leak, leaving open the possibility that the drain will continue or even accelerate.
The attacker has also not been publicly identified, although ZachXBT flagged a suspicious address that could be linked to the movement of funds. The lack of technical clarity makes the incident more dangerous than a traditional exploit, since there is still no concrete action that users can take to protect themselves, beyond taking general precautions.
This episode adds to a context already loaded with security incidents. In December alone, around 26 crypto exploits were recorded, with total losses close to $76 million, according to data from PeckShield. Although this figure represents a 60% drop compared to November, the frequency of attacks remains high and shows that risk vectors continue to mutate.

Topic Opinion:
Until the entry vector is identified, these types of incidents will continue to erode trust in wallets and the user experience, even without spectacular numbers.
💬 Are we facing a new type of distributed attack?

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#CryptoSecurity #zachxbt #evm #BTC #CryptoNews $BTC

Blockchain investigator ZachXBT has issued a public warning regarding an active wallet-draining exploit that has already impacted hundreds of cryptocurrency wallets, resulting in estimated losses exceeding $107,000, with the total still rising.
According to the investigation, the attack targets wallets across multiple EVM-compatible blockchains, with each individual victim typically losing less than $2,000. This deliberate fragmentation appears to be a calculated strategy designed to avoid triggering automated security alerts, while still allowing the attacker to accumulate a substantial total amount.
ZachXBT identified a suspicious wallet address believed to be connected to the exploit. However, the root cause of the vulnerability has not yet been conclusively determined, and investigations are still ongoing.
Possible Attack Vectors Under Review
Some affected users have reported receiving phishing emails impersonating MetaMask, which attempt to trick users into signing malicious transactions or revealing sensitive credentials. Others have speculated a potential link to a recent Trust Wallet browser extension incident, though no direct connection has been confirmed by investigators at this stage.
Security researchers emphasize that, at present, there is no evidence of a protocol-level failure in MetaMask or Trust Wallet themselves. Instead, the attack may involve a combination of social engineering, malicious approvals, or compromised browser environments.
A Growing Security Concern Heading into 2026
Data from Chainalysis indicates that 2025 saw a sharp increase in personal wallet compromises, highlighting persistent security challenges for retail users as crypto adoption continues to expand. As the industry moves toward 2026, wallet security remains one of the most critical unresolved issues.
Experts continue to advise users to:
Avoid clicking on unsolicited emails or links
Revoke unused token approvals regularly
Use hardware wallets where possible
Double-check transaction signatures before confirming
Further updates are expected as investigators gather more on-chain evidence and narrow down the exploit’s origin.
Disclaimer:
This article is for informational purposes only and represents a personal blog-style analysis. It does not constitute financial or investment advice. Readers should conduct their own research before making any financial decisions. The author is not responsible for any investment outcomes.
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#CryptoSecurity #ZachXBT

Renowned blockchain analyst ZachXBT has once again confirmed his reputation as an uncompromising fighter against crypto fraud, successfully identifying the perpetrator who embezzled approximately $2 million as a result of several scams. This news has generated significant resonance in the crypto community, highlighting the importance of independent investigators in the fight against cybercrime.

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