Aave Hits $60B, Followed by Phishing Attacks.

Published by

Zameer Attar

August 7, 2025

Aave Hits $60B, Followed by Phishing Attacks.

Just a day after Aave announced it had surpassed $60 billion in net deposits across 14 networks, scammers launched a phishing campaign targeting its users. Security firm PeckShield reported that fake Aave investment platforms were promoted through Google Ads, tricking users with phishing links. Aave’s deposits have more than tripled since August 2024, jumping from $18 billion to $60 billion, making it the first DeFi protocol to reach that level, unfortunately, also drawing cybercriminal attention.

Zameer Attar

Zameer is a financial analyst and writer with a particular interest in cryptocurrency markets. He has been studying cryptocurrencies and their market behavior for several years and deeply understands the factors that affect the price of cryptocurrencies. His expertise lies in his ability to use both technical and fundamental analysis to make informed predictions about the future direction of cryptocurrency prices. He has a strong understanding of market sentiment and uses this to inform his trading decisions and price predictions.

Published by

Zameer Attar

Tags: Hack