After Aave announced it had exceeded $60 billion in net deposits, a phishing campaign aimed at its users emerged, as reported by security experts. Aave became the first decentralized finance (DeFi) protocol to reach this milestone across 14 networks, with net deposits tripling from $18 billion in August 2024. Shortly after, PeckShield warned the crypto community about ongoing phishing attacks targeting Aave investors. Scammers used Google Ads to promote fake Aave investment platforms, tricking users into linking their crypto wallets. This action could allow scammers to access and transfer all funds, leading to irreversible losses. Although the extent of losses from this attack is unclear, the phishing attempt's reach is significant. Investors are urged to verify website URLs before engaging and to take immediate action if they suspect a compromise, such as transferring funds to a secure wallet and revoking wallet approvals. Users should avoid reusing compromised wallets and disconnect them from phishing sites. Read more AI-generated news on: https://app.chaingpt.org/news