Blockchain.info wallet users fall prey to scam

Scam emails targets Blockchain.info wallet users who become its victims
26 October 2017   1176

Blockchain.info wallet users fall prey to scam: a fake email alert is sent out to prospective targets from no-reply@blockchain.info, falsely claiming that unauthorized login attempts have made on their blockchain.info wallets. The fake message prompts users to either authorize the login or recover their wallet, and threatens to freeze the wallet and funds therein until one of these actions is taken.

The users are recommended to avoid clicking any of the links in the email, as they load a website at the URL http://blockchain.info.ht/#/ that asks users to enter wallet addresses and passphrases or private keys. Once a user surrenders this information, it is reasonable to assume that the contents of their now accessible wallet will be emptied by the scammer. Users should notice the lack of a secured http:// connection, which is indicated by the “https://” preceding the URL. According to ethnews.com, tracking the IP of the scam site (185.119.173.158) reveals that it is operating out of London.

It is advisable for users of the website to ensure that the URL they use is accurate when plugging in addresses, private keys, or passphrases to unlock wallets and check on funds.

Coinbase to Issue New Statement

As reported, company says it was wrong about SEC approval of acquisitions of Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC
18 July 2018   16

Vice President of Communications of Coinbase Rachel Horwitz denied the information that the company received approval from the Securities and Exchange Commission of the United States for a deal to buy brokerage companies. This is reported by Bloomberg.

It is not correct to say that the SEC and FINRA approved Coinbase’s purchase of Keystone because SEC was not involved in the approval process. The SEC’s approval is not required for the change of control application. Coinbase has discussed aspects of its proposed operations, including the acquisition of the Keystone Entity, on an informal basis with several members of SEC staff.
 

Rachel Horwitz

Vice President of Communications, Coinbase

On Monday, a spokesman for Coinbase said that the company received permission from the SEC and the Agency for Regulation of Financial Institutions (FINRA) to purchase Keystone Capital Corp., Venovate Marketplace Inc. and Digital Wealth LLC.

However, despite the refutation from Rachel Horwitz, Coinbase still intends to obtain a license to carry out brokerage activities.