Web3 Security12 August 2026
Fake Flare Network Staking Site Drains $8.5M in XRP, Two Arrested
A cloned staking site, a fabricated Wikipedia entry, and a paid actor were enough to convince 71 investors to hand over 3.4 million XRP — a reminder that brand impersonation, not smart-contract exploits, remains crypto's most reliable attack surface.
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