Ethereum Wallets Targeted in Attack, Over $107,000 Stolen
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 02 2026- Attack Overview: According to blockchain investigator ZachXBT, hundreds of Ethereum Virtual Machine-compatible wallets have been drained since late December, with losses exceeding $107,000 and individual victims losing under $2,000, highlighting the extensive and covert nature of the attacks.
- Asset Distribution: The attacker has funneled assets into the address 0xAc2e…ad8Bf9bFB, accumulating approximately $54,655 from Ethereum, which accounts for 51% of the total balance, indicating significant vulnerabilities within the Ethereum network during this incident.
- Trust Wallet Vulnerability: This attack is linked to the “Shai-Hulud” supply chain attack on Trust Wallet's Chrome extension, which prompted about one million users to update to a secure version, reflecting major security concerns within the crypto industry.
- Phishing Tactics: Analysis suggests that the attacker may have used fake MetaMask emails to trick users into revealing their wallet seed phrases, further underscoring the need for enhanced security measures and user education in protecting crypto assets.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
