Important Notice – Change in EOA Wallet Address!

03/28/2023 05:41 • Tech Trends • 99 views

According to reports, according to CertiK monitoring, there has been a change in the EOA wallet address 0x04C6459042719CC3DD7514622097C229572D89AC marked “Fake_Phishing138590” by Etherscan. Please timely revoke the token spending authority of the wallet to prevent asset loss.

The EOA wallet address marked “Fake_Phishing138590” by Etherscan has changed

If you’re a crypto investor, then you must know the importance of the wallet address that holds your digital assets. It’s the most sensitive part of your investment and requires constant care and attention to safeguard it. Unfortunately, as per recent reports, there has been a change in the EOA wallet address 0x04C6459042719CC3DD7514622097C229572D89AC marked “Fake_Phishing138590” by Etherscan, which requires your attention as an investor.

What does this mean for Investors?

Most of us would be wondering about the impact of this address change on our investment. To explain this, let’s start by describing what EOA is. EOA stands for Externally Owned Accounts, and it’s one of the most popular types of Ethereum wallets. To simplify, it’s a wallet where the owner has complete control over their funds without any need for approvals from others.
The change in the EOA wallet address labeled “Fake_Phishing138590” indicates that someone has gained unauthorized access to the wallet and can potentially steal the digital assets of the owner. Hence, as an investor, it’s crucial to take timely action and revoke the token spending authority of the wallet to prevent asset loss.

What should you do now?

The next step is to revoke the token spending authority of the wallet, which can ensure that the hacker can’t move or spend the assets, making them useless to the hacker. If you’re holding any funds in that particular wallet, make sure to remove them immediately.
The easiest way to revoke the token spending authority is through MyEtherWallet. Follow the below steps to carry out the revoking process successfully:
1. Visit https://myetherwallet.com/
2. Select the option to “Access My Wallet.”
3. Choose the wallet access method, either through Keystore File, Private Key, or Mnemonic Phrase.
4. Enter your wallet details to access your wallet.
5. Once you’re logged in to your wallet, click on the “Contracts” tab at the top of the page.
6. Click on “Interact with Contract.”
7. Click on “ERC20” to select it from the dropdown.
8. In the “Contract Address” field, enter “0x9fE46736679d2D9a65F0992F2272dE9f3c7fa6e0” and click on “Access.”
9. If you’re asked for the ABI/JSON Interface, click on “Load.”
10. Click on the “Write” section.
11. Select “Revoke Token Approval” from the dropdown box in the “Function” column.
12. In the “Spender” field, input the fake-Phishing wallet address, i.e., “0x04C6459042719CC3DD7514622097C229572D89AC”.
13. Click on “Write.”
14. Confirm the transaction in your wallet, and you’re done!

Conclusion

In conclusion, if you’re an investor holding funds in EOA wallet 0x04C6459042719CC3DD7514622097C229572D89AC marked “Fake_Phishing138590” by Etherscan, make sure to revoke the token spending authority as soon as possible to prevent asset loss. It’s critical to secure your wallets and keep them safe from phishing and hacking attempts to avoid any unauthorized access from hackers.

FAQs

1. How did someone gain unauthorized access to the EOA wallet?
Ans: Hacking and phishing attempts are the most common methods used by hackers to access the wallet.
2. Can I recover my funds if they’re stolen?
Ans: Unfortunately, once the funds are stolen, it’s almost impossible to recover them.
3. How can I safeguard my wallets from such hacking attempts?
Ans: Using 2FA authentication and keeping your private keys safe are the best ways to safeguard your wallets. Also, avoid any suspicious links or emails and only interact with trusted and verified sources.

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