Blockchain security company PeckShield has detected a phishing site that aims to scam Coinbase users.
Fraudsters pretend to be customer support staff of the largest U.S. exchange in order to lure victims into giving approval to a fake address on their Coinbase Wallet application.
At press time, users who have fallen victim to the scam have lost more than $86,700.
Phishing scams typically involve tricking users into revealing sensitive details (passwords, private keys, etc.)