- PEPE website hacked; Inferno Drainer attack confirmed.
- Users redirected to wallet-draining phishing sites.
- Market impact limited; trading volumes stable post-incident.
PEPE’s official website was compromised via the Inferno Drainer attack, redirecting users to harmful links, as confirmed by cybersecurity firm Blockaid on December 4th.
The incident highlights ongoing security challenges in crypto, though PEPE’s market price showed minimal immediate impact.
Inferno Drainer Attack Hits PEPE: User Risks and Security Gaps
Blockaid confirmed a front-end attack on PEPE’s official website. They identified Inferno Drainer code leading to wallet-draining phishing sites. The attack highlights vulnerabilities in memecoin platforms, especially those with anonymous team members that complicate response efforts.
Immediate changes include increased caution among PEPE users as security experts urge avoidance of the compromised site. The attack underscores the necessity for enhanced security measures in the crypto industry.
PEPE Price Holds Steady Despite Security Concerns
Did you know? Historically, similar hacks using Inferno Drainer targeted Ethereum and compatible chains, affecting users rather than the integrity of memecoin or DeFi projects.
Based on CoinMarketCap data, Pepe (PEPE) has a market cap of $1.99 billion and a 24-hour trading volume of $359.49 million, down 22.23%. The price declined 1.75% in the last 24 hours. Over 30 days, PEPE dropped 16.47%, reflecting broader security concerns in the crypto market.
Pepe(PEPE), daily chart, screenshot on CoinMarketCap at 04:30 UTC on December 5, 2025. Source: CoinMarketCapFinancial, regulatory, and technological insights suggest a growing need for robust cybersecurity measures, especially with memecoins. The Coincu research team indicates that blockchain security must evolve rapidly to protect users from front-end attacks.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/scam-alert/pepe-website-hack-redirects-malicious/
