Close Menu
    Facebook X (Twitter) Instagram
    Saturday, July 25
    X (Twitter) Instagram LinkedIn YouTube
    Chain Tech Daily
    Banner
    • Altcoins
    • Bitcoin
    • Crypto
    • Coinbase
    • Litecoin
    • Ethereum
    • Blockchain
    • Lithosphere News Releases
    Chain Tech Daily
    You are at:Home » Security Alert – Smart Contract Wallets created in frontier are vulnerable to phishing attacks
    Ethereum

    Security Alert – Smart Contract Wallets created in frontier are vulnerable to phishing attacks

    Olivia MartinezBy Olivia MartinezJuly 25, 2026No Comments3 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Affected configurations: All smart contract wallets created using Ethereum Wallet  Frontier, version 0.4.0 (Beta 7) or earlier. Wallets created with Ethereum Wallet 0.5.0 and all later versions released after March 3, 2016, are not affected.

    Likelihood: Low

    Severity: High

    Summary:

    Do not use wallet contracts or owner accounts of those wallets that were created by the Ethereum Wallet 0.4.0 or earlier. If you send to (or interact with) a malicious contract it could take ownership of your wallet contract. Create a new wallet and move your funds.

    How to be super safe??

    Don’t use the vulnerable wallet contracts, AND the owner accounts of these wallets to send ether and interact with contracts you don’t know!
    If you don’t use these accounts and wallets, and upgrade your wallet as 
    described here, you are safe!

    Details:

    An attack vector was discovered that affects the smart contract wallets created before the Homestead release (Frontier phase). The attack can happen if an affected wallet interacts with a malicious contract OR if the owner account of an affected wallet interacts with a malicious contract that knows the address of his wallet. An attacker can then impersonate the owner and thus can steal funds or tokens and change the owner of the wallet.

    If you do not use your wallet and owner accounts with contracts you don’t know, you are safe!

    Receiving Ether and sending Ether to non-contract accounts is fine.

    Also if you configured your wallet with multisig, you are safer, as the attacker would need to make you send with all owners to malicious contract(s).

     

    Proposed solution:

    We recommend that if you created a wallet using the affected versions, you take one of these steps:

    • Create a new wallet with the latest version of Ethereum Wallet (any version from 0.5.0 or newer) and move your funds there. You can follow these steps.
    • Until you do the above, do not use any account which is an owner of an affected wallet, or the affected wallet itself to interact with closed source or otherwise unknown contracts that might trigger arbitrary actions (including forwarding Ether). Send/interact only to addresses you own, or know!
    • Create a secondary account for your every day usage. This one should not be connected to your contract wallets

     

    We created a new Ethereum Wallet release 0.7.6, which will detect your vulnerable wallets.

    Download the latest release and follow the steps described in the release notes to update your vulnerable wallets!

    https://github.com/ethereum/mist/releases/tag/0.7.6



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleTRUMP moves $17M as CLARITY ethics fight deepens
    Next Article Moderators censor Bitcoin devs as OP_RETURN war rages on
    Olivia Martinez

    Related Posts

    Thinking About Smart Contract Security

    July 25, 2026

    DAO Wars: Your voice on the soft-fork dilemma

    July 25, 2026

    Security Alert – DoS Vulnerability in the Soft Fork

    July 25, 2026
    Leave A Reply Cancel Reply

    Don't Miss

    The exchanges bought the bookies. Now comes the data war

    Max Keiser thinks bitcoin will stop Israel displacing Palestinians

    Thinking About Smart Contract Security

    Wall Street’s newest short desk is a blockchain

    About
    About

    ChainTechDaily.com is your daily destination for the latest news and developments in the cryptocurrency space. Stay updated with expert insights and analysis tailored for crypto enthusiasts and investors alike.

    X (Twitter) Instagram YouTube LinkedIn
    Popular Posts

    The exchanges bought the bookies. Now comes the data war

    July 25, 2026

    Max Keiser thinks bitcoin will stop Israel displacing Palestinians

    July 25, 2026

    Thinking About Smart Contract Security

    July 25, 2026
    Lithosphere News Releases
    Copyright © 2026

    Type above and press Enter to search. Press Esc to cancel.