BlockBeats reported that on October 11, Lin Xiahong, co-founder of Continue Capital, posted on the X platform: "I accidentally revealed that I didn't quit the circle, and I was forced to do charity and made the headlines." Combined with Lookonchain's post on social media this morning, it was said that the address where 15,079 fwDETH (worth about $35 million) was stolen in a phishing attack earlier today may be related to Continue Capital, and the stolen wallet may belong to Lin Xiahong, co-founder of Continue Capital.
It is reported that hackers use Permit signatures to carry out phishing attacks. Contracts that support Permit can be authorized by Permit offline signatures, skipping Approve and without paying gas. After authorization, the third party has the corresponding control and can transfer the user's authorized assets at any time.
BlockBeats reminds users that asset thefts have occurred frequently in the circle recently. The suspected Shenyu-related address was also stolen on September 28. ZachXBT: More than 12,000 spWETH were stolen. Users can refer to the article "Coin circle bosses are hit one after another, why is Permit signature phishing so powerful? " to understand the relevant scams and take targeted preventive measures.