Pepe memecoin website has suffered a front-end exploit

The post Pepe memecoin website has suffered a front-end exploit appeared on BitcoinEthereumNews.com.

According to recent reports, the official website for the Pepe memecoin has been compromised in a front-end attack. Cybersecurity firm Blockaid detected the breach early, after which it put out an alert to the community informing them that the site had been injected with malicious code from the Inferno Drainer toolkit.  The Inferno Drainer kit is a suite of scam tools usually employed by threat actors, including phishing website templates, wallet drainers, and social engineering tools. The malware from the Inferno Drainer toolkit that the hackers are using is known to redirect visitors to phishing pages, ultimately designed to steal critical details like wallet credentials, approve unauthorized transactions, and drain assets like tokens, NFTs, and other holdings. “Blockaid’s system has identified a front-end attack on Pepe. The site contains a code of inferno drainer,” the cybersecurity company shared on Thursday.  Pepe’s price remains down The price of PEPE did not react immediately to the hack, and it is a real possibility that the exploit may not be priced in yet, as the memecoin is up by about 0.87% over the last 24 hours. On the longer term, it is down by more than 77% over the last 12 months, according to CoinGecko. Pepe price chart. Source: CoinMarketCap The incident highlights the ongoing need for vigilance among crypto users, as that is the best defense against phishing scams and other cybersecurity threats. Users have also been urged to avoid the site until the issue is resolved.  Hackers who use Inferno Drainer increased by almost three times last year, according to Blockaid, even though the team behind it claimed that they would shutter the scam service in 2023. “At the beginning of the year, we saw about 800 new malicious Inferno Drainer DApps per week. Now, that number has tripled to 2,400…