The just lately launched AI buying and selling app known as Harvest Keeper noticed nearly $1 million of customers’ funds drained by way of a sequence of ice phishing and performance assaults on its blockchain.
The AI-based dApp that promised excessive returns for traders turned out to be a rip-off, based on a number of crypto safety corporations, including CertiK.
Unhealthy actors and Ice Phishing
A privileged getAmount perform was used to empty the Harvest Keeper contract and switch over $700,000 in USDT to an unknown tackle, based on 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 sort of web3 assault that deceives customers into manually granting permissions by signing and approving requests.
The current occasions have left customers in a state of misery, and plenty of are expressing their frustration inside the crypto neighborhood. 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 keeping 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 modern challenge based mostly on synthetic intelligence, which fully eliminates the human issue from buying and selling, creating a chance to generate income 24 hours a day.” In keeping with the challenge’s claims, customers may obtain each day rewards of 4.81% and see their funding develop to 101% inside three weeks.
Certik is advising individuals to keep away from all hyperlinks regarding the challenge.
