Key Notes

Aave has suffered an attack on its platform.

This was shortly after announcing that it had surpassed $60 billion in net deposits.

AAVE traded at $271.31, corresponding with a 5.98% increase in the last 24 hours.

Decentralized liquidity protocol Aave AAVE $273.2 24h volatility: 6.8% Market cap: $4.15 B Vol. 24h: $330.87 M has suffered an attack on its platform, shortly after announcing that it had surpassed $60 billion in net deposits.

The scammer(s) successfully carried out the exploit by leveraging Google Ads to deceive unsuspecting crypto users.

Aave Scammers Deceive Users With Google Ads

Some security researchers have looked into the matter, and they discovered that the scammer launched the phishing attack against Aave users via Google Ads.

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