Close Menu

    Subscribe to Updates

    What's Hot

    Is $90k the line in the sand?

    January 20, 2026

    Everclear launches cross-chain asset settlement on Mantle, enabling 60-second wETH-to-mETH swaps

    January 20, 2026

    Optimism (OP) slips toward $0.25 ahead of Jan. 22 buyback vote

    January 20, 2026
    Facebook X (Twitter) Instagram
    laicryptolaicrypto
    Demo
    • Ethereum
    • Crypto
    • Altcoins
    • Blockchain
    • Bitcoin
    • Lithosphere News Releases
    laicryptolaicrypto
    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

    Michael JohnsonBy Michael JohnsonJanuary 20, 2026No Comments3 Mins Read
    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 WhatsApp Reddit Tumblr Email
    Michael Johnson

    Related Posts

    Everclear launches cross-chain asset settlement on Mantle, enabling 60-second wETH-to-mETH swaps

    January 20, 2026

    DAO Wars: Your voice on the soft-fork dilemma

    January 20, 2026

    MakinaFi hit by $4.1M Ethereum hack as MEV tactics suspected

    January 20, 2026
    Leave A Reply Cancel Reply

    Demo
    Don't Miss
    Crypto

    Is $90k the line in the sand?

    By John SmithJanuary 20, 20260

    Bitcoin is slipping as risk-off sentiment, fading momentum and a chorus of bearish chart signals…

    Everclear launches cross-chain asset settlement on Mantle, enabling 60-second wETH-to-mETH swaps

    January 20, 2026

    Optimism (OP) slips toward $0.25 ahead of Jan. 22 buyback vote

    January 20, 2026

    Everclear introduces cross-chain asset settlement for the Mantle Ecosystem

    January 20, 2026

    LAI Crypto is a user-friendly platform that empowers individuals to navigate the world of cryptocurrency trading and investment with ease and confidence.

    Our Posts
    • Altcoins (53)
    • Blockchain (46)
    • Crypto (712)
    • Ethereum (419)
    • Lithosphere News Releases (11)

    Subscribe to Updates

    • Twitter
    • Instagram
    • YouTube
    • LinkedIn

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