Scammers steal $2M in ETH as fake GIWA network fools DYORSWAP
DYORSWAP said it paid more than 200 ETH in compensation, while Upbit operator Dunamu’s GIWA warned that its mainnet had not launched.
This article may contain affiliate links. Commercial relationships are disclosed in the affiliate policy.
Scammers steal $2M in ETH as fake GIWA network fools DYORSWAP
What happened
DYORSWAP said it paid more than 200 ETH in compensation, while Upbit operator Dunamu’s GIWA warned that its mainnet had not launched.
What the sources establish
The identified sources describe the same recent event. This brief preserves the links and verification time so readers can inspect the original reporting.
Why it matters for DeFi users
The desk focuses on operational impact, protocol or wallet changes, market structure, and the security implications for users. Relevance does not mean that an exploit or loss has been confirmed.
Evidence boundary
The report does not infer an attacker, loss amount, or recovery status unless a verifiable source states it. Material changes require a dated revision.
What to watch next
- Official protocol, wallet, exchange, or security-team updates.
- Changes to deposits, withdrawals, contracts, permissions, or user access.
- Corrections or additional evidence from independent sources.
Sources and editorial check time
-
Cointelegraph: https://cointelegraph.com/news/fake-giwa-blockchain-scam-drains-2m-eth
-
CryptoSlate Live: https://cryptoslate.com/crypto-scammers-built-an-entire-fake-blockchain-to-steal-over-2-million/
-
Editorial source check time: 2026-09-28T14:42:27.979Z
This information is educational and is not financial, legal, or security advice.