The Ethereum Foundation disclosed that its email account was hacked on June 23, leading to the distribution of phishing emails to over 35,000 people. The scam falsely promoted a partnership with LidoDAO, offering a 6.8% annual return on staked cryptocurrency. The phishing emails included a malicious link designed to drain recipients' wallets if they connected their crypto wallet to the website and signed the requested transaction. The attackers stole 81 email addresses from the foundation's mailing list. Despite the increase in phishing attempts, overall cryptocurrency hacks experienced a significant decline in June, with losses dropping to $176m compared to May's $385m.