Inferno Drainer usage triples as crypto scams soar in 2024

According to data from Web3 security firm Blockaid, the number of Inferno Drainer DApps surged to 40,000 by the end of July.

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As crypto market conditions turn bullish, the number of decentralized applications (DApps) using the notorious Inferno Drainer tool has increased threefold as scammers ramp up their efforts to steal people’s crypto.

According to data sent by Web3 security firm Blockaid, the number of DApps using Inferno Drainer had increased to 40,000 by the end of July 2024. Oz Tamir, Blockaid’s research and development lead, told Cointelegraph that the number of new malicious DApps using the tool has increased threefold. 

Malicious DApps using Inferno Drainer skyrocketed to 40,000 by the end of July. Source: Blockaid

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