Cryip
  • Home
  • Crypto News Today
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features
No Result
View All Result
Cryip
  • Home
  • Crypto News Today
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features
No Result
View All Result
Cryip
No Result
View All Result
Home Crypto News Today Security & Hacks

XAUt Crypto Theft: $92K Tether Gold Drained via Malicious Signing Incident

The $92K XAUt Exploit: How a Single Malicious #Permit Transaction Drained User Assets on Chain

Saravana Kumar Mahendran by Saravana Kumar Mahendran
February 23, 2026
in Security & Hacks
0 0
XAUt Crypto Hacks
Share on FacebookShare on Twitter
MakeCryipCryippreferred onGoogle

On February 23, 2026, a significant security breach in the cryptocurrency space resulted in a user losing approximately $92,000 worth of XAUt (Tether Gold). The incident was triggered after the victim signed a malicious “#Permit” transaction. In digital asset management, a ‘Permit’ function allows a user to authorize a third-party address to interact with their tokens; in this instance, attackers exploited this mechanism to gain unauthorized access to the user’s funds.

🚨 GoPlus Security Alert

A user lost approximately $92K worth of XAUt after signing a malicious #Permit transaction.

📍 Victim address:
0x151D5F9c6892671df7bc267079Ba26733Da50023

🎣 Phishing addresses:
0xAfb2423F447D3e16931164C9970B9741aAb1723E… pic.twitter.com/9ajrlag3s0

— GoPlus Security 🚦 (@GoPlusSecurity) February 23, 2026

According to blockchain data, the theft occurred on February 21, 2026, at 06:05:35 PM (UTC). The victim’s wallet address, identified as 0x151D5F9c6892671df7bc267079Ba26733Da50023, was drained in two distinct stages. The first transaction involved the removal of 3.588307 XAUt (valued at approximately $18,320.53), followed by a second transfer of 14.353231 XAUt (valued at approximately $73,292.14).

The investigation has linked four primary phishing addresses to this attack, which can be tracked via Etherscan’s transaction records:

  • 0xAfb2423F447D3e16931164C9970B9741aAb1723E

  • 0x6eE62Ae8b3657AB1db5DE58e7410C0b77116a0B3

  • 0xF06b3310486F872AB6808f6602aF65a0ef0F48f8

  • 0xFD582d41fCC008FF5cbd2996043De3Ce25e7543e

The attackers utilized sophisticated phishing techniques to deceive the user into providing a digital signature, effectively bypassing direct transfer safeguards. This event serves as a stark reminder of how malicious attack exploits continue to evolve across different networks to target unsuspecting users.

In response to such incidents, GoPlus Security has emphasized a “Rule of Four” for investor safety. First, users are urged never to click on unknown or suspicious links. Second, the installation of unverified software on devices must be strictly avoided. Third, users must exercise extreme caution and thoroughly verify the details of any transaction or approval before signing. Finally, transferring funds to unverified or unknown addresses is strongly discouraged.

To mitigate the risks associated with these evolving threats, implementing real-time security monitoring has become a necessity for digital asset holders. By utilizing advanced security extensions, users can gain an automated layer of protection that identifies and intercepts suspicious transaction requests before they are executed. These tools are specifically engineered to flag high-risk approvals and prevent the signing of malicious signatures, significantly reducing the likelihood of falling victim to sophisticated phishing attempts in the decentralized landscape.

AI Disclosure: Cryip uses AI-assisted tools to help refine language — correcting spelling and grammar and simplifying complex terms for readability.

We do this to make crypto topics easier to understand for readers at all experience levels. AI does not draft facts, sources, or conclusions. Every article is reviewed and approved by a human editor before publication. Read our full AI Use & Content Policy.

Disclaimer: Cryip’s content is strictly for informational purposes and does not constitute financial, legal, or investment advice. Asset references are not endorsements, and readers assume full responsibility for any financial decisions.
Tags: Crypto Hacks
Saravana Kumar Mahendran

Saravana Kumar Mahendran

Saravana Kumar Mahendran is a crypto security analyst and blockchain researcher at Cryip, focusing on DeFi protocol exploits, Web3 security systems, and on-chain investigation. His research applies OSINT and fact-checking methodology to security incidents, drawing on certifications in cybersecurity and data analytics (LinkedIn Learning), and DeFi deep-dive training (Binance Academy). His work has been cited by Sherlock, Rekt.news, and Halborn Security.

Related Posts

Bybit’s Own Filings Show Recovery Barely Moved in 7 Weeks After Suing North Korea
Security & Hacks

Bybit’s Own Filings Show Recovery Barely Moved in 7 Weeks After Suing North Korea

by Saravana Kumar Mahendran
August 8, 2026

Bybit's June 2026 complaint says about $75.5 million (5.3%) of the $1.5 billion stolen in February 2025 had been frozen...

Read moreDetails
Coldcard Hack Losses Nearly $100 Million

Coldcard Hack Losses Nearly $100 Million as Root Cause Reveals a Wider Flaw

August 4, 2026
Boltz Disables Bitcoin Swaps Indefinitely After Monthslong AI-Assisted Attacks

Boltz Disables Bitcoin Swaps Indefinitely After Months long AI-Assisted Attacks

August 4, 2026
BitGo’s Belshe Dares Anthropic to Hack His Bitcoin Wallet, Again

BitGo’s Belshe Dares Anthropic to Hack His Bitcoin Wallet, Again

August 3, 2026
July 2026 Crypto Hacks: Nearly $200M Lost Across Wallets, DeFi and Bridges

July 2026 Crypto Hacks: Nearly $200M Lost Across Wallets, DeFi and Bridges

August 1, 2026
Coldcard Advisory Ties 594 BTC Theft to a Flaw Found Only in Mk3

Coldcard Advisory Ties 594 BTC Theft to a Flaw Found Only in Mk3

July 31, 2026
Drift Protocol Hacker Moves $44M in ETH to Tornado Cash After Three Months

Drift Exploiter Moves $44M in ETH Through Tornado Cash After Three Months of Inactivity

July 24, 2026
Next Post
Blockchain On-Chain Metrics Weekly Report: February 16–22, 2026: A Deep Dive Into Six Major Chains

Blockchain On-Chain Metrics Weekly Report: February 16–22, 2026: A Deep Dive Into Six Major Chains

Web3 Weekly Fundraising Report: February 16–22, 2026

Web3 Weekly Fundraising Report: February 16–22, 2026

Recommended

  • All
  • Crypto News Today
Saylor Says Bitcoin BIP-110 Lacks Miner Consensus at 2.6% Support

Saylor Says Bitcoin BIP-110 Lacks Miner Consensus at 2.6% Support

August 8, 2026
Treasury Sanctions Shelbit, Aban Tether: Dubai’s Own Fine Changed Nothing

Treasury Sanctions Shelbit, Aban Tether: Dubai’s Own Fine Changed Nothing

August 8, 2026
Trump Media Ends Crypto.com Partnership, Signaling Retreat From Its Crypto Expansion Plans

Trump Media Ends Crypto.com Partnership, Signaling Retreat From Its Crypto Expansion Plans

August 8, 2026
Bybit’s Own Filings Show Recovery Barely Moved in 7 Weeks After Suing North Korea

Bybit’s Own Filings Show Recovery Barely Moved in 7 Weeks After Suing North Korea

August 8, 2026
Brazil Tightens Crypto Transfer Rules With 24-Hour Delay to Combat Fraud

Brazil Tightens Crypto Transfer Rules With 24-Hour Delay to Combat Fraud

August 8, 2026
oung people from the Russian regions looking for easy money

FSB Shuts Down Nine Illegal Moscow Crypto Exchanges Linked to Ukrainian Call-Center Fraud

August 8, 2026
MetaMask's New AI Wallet Caps Loss Protection at $10,000 a Month

MetaMask’s New AI Wallet Caps Loss Protection at $10,000 a Month

August 8, 2026
Why BONK Is Being Delisted From Upbit: A $20M Hack and a Two-Month Review

Why BONK Is Being Delisted From Upbit: A $20M Hack and a Two-Month Review

August 7, 2026

Cryip focuses on crypto research and on-chain analysis, supported by coverage of markets, regulation, security events, and blockchain ecosystems.

Recent Posts

  • South Africa’s Rand Stablecoin Lost to Dollar Tokens: Now the IMF Says That’s a Warning Sign
  • Saylor Says Bitcoin BIP-110 Lacks Miner Consensus at 2.6% Support
  • Treasury Sanctions Shelbit, Aban Tether: Dubai’s Own Fine Changed Nothing

Categories

  • AI × Crypto
  • Data & Dashboards
  • DeFi Basics
  • Investing Basics
  • Market & Price
  • Market Updates
  • On-Chain Analysis
  • OpSec
  • Policy & Regulation
  • Post Mortems
  • Press Release
  • Reports
  • Scams & Fraud
  • Security & Hacks
  • Stablecoins
  • Tokenomics
  • VC & Funding
  • Wallets & Custody

Company

  • About Us
  • Contact Us
  • Editorial Standards & Integrity
  • Our Team
  • Privacy Policy
  • Review Methodology
  • Terms and Conditions
  • Trust, Disclosures & Independence

© 2026 Cryip - Research-Driven Crypto Analysis & News by Hashlays.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Crypto News Today
  • Research & Analysis
  • Reviews & Comparisons
  • Learn Crypto
  • Features

© 2026 Cryip - Research-Driven Crypto Analysis & News by Hashlays.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.