Aave, a decentralized liquidity protocol, reached $60 billion in net deposits across 14 networks. However, scammers launched a phishing campaign through Google Ads targeting Aave users. Once clicked, the fake website prompts users to link their crypto wallets, giving scammers access to funds. Losses have not been confirmed, but users should be cautious.

Phishing scams aim to steal sensitive information like private keys and seed phrases. Investors should verify URLs, transfer funds to a secure wallet if compromised, and contact providers to revoke approvals. Compromised wallets should not be reused, and users should disconnect wallets from phishing sites to prevent further access. Aave has been notified of the ongoing phishing attempts.

Read more at Cointelegraph: Aave Users Targeted by Google Ads Phishing Scam After $60B Milestone