CRYPTALUME
All answers

What is a crypto wallet drainer?

A wallet drainer is a malicious flow that persuades a user to sign a dangerous transaction or permission. It does not hack the blockchain; the victim authorizes an action, often through a cloned site, fake airdrop, or account “verification.”

Reviewed: August 18, 2026

What matters

Approve lets a contract spend a token later.

Permit may create spending authority from a signature without a separate approval transaction.

A hardware wallet cannot protect against a transaction its owner knowingly confirms.

Safe next actions

  • Do not sign messages or permissions you do not understand.
  • Review active approvals and revoke dangerous ones.
  • Move remaining assets to a new wallet if compromise is confirmed.

When specialist help is useful

Analysis is appropriate when assets already moved, unknown approvals exist, or the malicious starting point and fund route must be established.