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⛓️ Crypto🔴 BearishImportance 7/10Actionable
Security Alert – Smart Contract Wallets created in frontier are vulnerable to phishing attacks
🤖AI Summary
Smart contract wallets created using Ethereum Wallet Frontier version 0.4.0 (Beta 7) or earlier are vulnerable to phishing attacks. Wallets created with version 0.5.0 and later (released after March 3, 2016) are not affected, though the vulnerability has low likelihood but high severity.
Key Takeaways
- →All smart contract wallets created with Ethereum Wallet Frontier version 0.4.0 (Beta 7) or earlier are vulnerable to phishing attacks.
- →Wallets created with Ethereum Wallet version 0.5.0 and later releases after March 3, 2016 are safe from this vulnerability.
- →The security issue has low likelihood of occurrence but carries high severity risk.
- →This affects legacy wallet implementations from early Ethereum development phases.
- →Users with affected wallet versions should consider upgrading or migrating to newer wallet software.
Read Original →via Ethereum Foundation Blog
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