Hackers Revive “Zombie” DeFi Apps to Steal Crypto

Imagine revisiting an old decentralized finance app you once trusted. You click the familiar website, connect your wallet, and suddenly funds vanish. It’s not your mistake—it’s a trap that criminals set up by taking over inactive DeFi domains.

This scam is happening right now. Security experts at Coinspect reported that hackers have revived hundreds of defunct DeFi projects and injected them with malicious code designed to empty connected wallets.

What’s Going On with “Zombie” DeFi Apps

Here’s how the scam works:

1. Domain takeover: Hackers identify expired or abandoned DeFi website domains.
2. Malicious relaunch: They revive the site and insert harmful wallet-draining scripts.
3. User trust exploited: Someone revisits thinking it’s legit and connects their wallet.
4. Funds stolen: The malicious code runs, draining any crypto in the connected wallet.

No flashy hacks or network attacks—just old URLs and misplaced trust.

Why This Scam Is Sneaky

• Looks familiar: Users recognize a URL they trust and skip caution.
• Simple attack: No need to crack complex code—just revive an old, vulnerable domain.
• Stealthy execution: The wallet is drained silently once connected.

This kind of attack highlights how cybercriminals are evolving. Instead of targeting new systems, they exploit forgotten pieces of the crypto world.

What You Can Do to Stay Safe

• Check the current status of any DeFi website before use.
• Use bookmarks instead of searching manually for familiar apps.
• Connect minimal funds—never your main holdings—to networks or sites you haven’t used recently.
• Make sure your wallet shows clear signs of what it’s connecting to (e.g., network name, URL).
• Consider using a hardware wallet for more sensitive operations.

Why This Matters for Everyone in Crypto

Even experienced users can slip up if they reconnect wallets casually. As the crypto space evolves, so do the tricks scammers use. This trend underlines a key lesson: vigilance is key.

Websites we use frequently might seem safe—but they can be repurposed in a day. Always double-check, even if something feels familiar.

Quick Takeaways

• Hackers are reviving dormant DeFi sites and stealing crypto.
• This scam exploits expired domains and user trust.
• Anyone reconnecting to old apps is vulnerable.
• Stay safe by verifying sites, limiting connected funds, and using secure wallets.