The not too long ago launched AI buying and selling app referred to as Harvest Keeper noticed virtually $1 million of customers’ funds drained by way of a collection of ice phishing and performance assaults on its blockchain.
The AI-based dApp that promised excessive returns for buyers turned out to be a rip-off, in line with a number of crypto safety corporations, including CertiK.
Dangerous actors and Ice Phishing
A privileged getAmount operate was used to empty the Harvest Keeper contract and switch over $700,000 in USDT to an unknown handle, in line with CertiK.
In the meantime, a smaller quantity was stolen by way of ice phishing transactions throughout BSC, Ethereum, and Polygon, leading to roughly $219,000 in losses. Ice phishing is a kind of web3 assault that deceives customers into manually granting permissions by signing and approving requests.
The latest occasions have left customers in a state of misery, and plenty of are expressing their frustration inside the crypto group. Some have even resorted to reaching out to Binance CEO Changpeng Zhao for help.
What’s Harvest Keeper AI?
Based earlier this yr, Harvest Keeper was billed as permitting you to maximise on cryptocurrency trades by way of AI algorithms. In accordance with Markus Peters, founding father of Harvest Keeper:
“[Harvest Keeper’s] decentralized protocol interacts with a buying and selling bot, utilizing built-in synthetic intelligence to investigate patterns like threat, information sources and plenty of different components that impact the value formation of assorted crypto belongings.”
The AI dApp marketed itself as “an revolutionary mission based mostly on synthetic intelligence, which utterly eliminates the human issue from buying and selling, creating a possibility to generate income 24 hours a day.” In accordance with the mission’s claims, customers may obtain every day rewards of 4.81% and see their funding develop to 101% inside three weeks.
Certik is advising folks to steer clear of all hyperlinks referring to the mission.
