Experty ICO Investors "Robbed" For $150k

Hackers stole email addresses of potential investors and were able to steal money via malicious dispatch
30 January 2018   286

Hackers stole money from investors of another crypto-currency project. This time it is ICO Experty. A few days before the start of the main part of the campaign, scammers stole $ 150,000. This is reported by Finance Magnates.

Their target was one of the organizers who collected information about potential ICO investors. Hackers get the names of investors, their email and ETH-addresses. Using the received data, they carried out an email spamming with the invitation to take part in the pre-ICO. In the letter they said that investors need to transfer ETH within 12 hours if they want to get more tokens.

The letter also indicated the address for the transfer of funds, and the attackers used several addresses at once.

Many investors believed this letter. Over the past few days, 74 transactions have been sent to hackers for a total of about $ 150,000.

The Experty team responded to the incident and promised to compensate for the loss of the affected users by issuing EXY tokens and a bonus.

We are greatly saddened by the recent email scam that has targeted our community due to the recent data breach. We will be contacting the victims that are in our database in order to distribute the proportional amount of EXY tokens to them, including the bonuses for their tier, from our company allocation. If someone wishes to receive ETH instead, we ask them to please contact us privately about this.

Experty Team

The conduct of ICO Experty is handled by Bitcoin Suisse. They also published an official statement about the incident, in which asked investors not to send money to the addresses of intruders.

Dogethereum Coin Launching in 2018

Dogethereum is a new digital currency, which will be founded on snapshot of Dogecoin and based on ETH algorithm with fastest speed of transactions and smart contracts
21 March 2018   137

Bitcointalk forum is well-known for being one of the fastest sourses of news regarding cryptocurrecnies and digital assets. In February of 2018 the thread about Dogethereum, a new decentralized digital currency, which will be founded on snapshot of Dogecoin and based on ETH algorithm with fastest speed of transactions, smart contracts, appeared on Bitcointalk.

As it was stated in the announcement, the goal of the project is to push Doge currency to the brand new direction, with no ASIC mining, speed and simplicity. The project is stated to be community driven, and there will be no ICOs, premines or other manipulations. DOGX is developed by professional team of engineers and economists who are passionate about crypto currensies, so there are no extra commissions, fees or predefined stakes.

Roadmap of Dogethereum:

  • Establish secure stable network -  DONE 
  • Warm up and prepare network for public access - IN PROGRESS
  • Fork of all coins DOGE 1:1 DOGX - DATE TO BE ANNOUNCED
  • Public advertisement and promo - SOON
  • Listing on crypto Exchanges 
  • Research and development of faster algorithm with better scalability - 2019

The exact fork date has not been announced yet, but it is reportedly scheduled for winter 2018.