Fake Twitter Celebs Made $5k Worth ETH For One Night

Scammers used fake Elon Musk, Vitalik Buterin and other celebs fake Twitter accounts to steal user's Ethers
08 February 2018   3475

Scammers managed to steal more than $ 5,000 in Ethereum in just one night, using the credulity of some crypto currency users. This is reported by Bleeping Computer.

To realize their criminal intent, they created many profiles on Twitter, allegedly belonging to famous personalities, and clogged the network with messages about the distribution of cryptocoins. To participate in the distribution to the address indicated by the scammers, it was suggested to send a small amount to the wallet to get it back tenfold.

All messages were based on one template, although the amounts and addresses of wallets in them could vary: "We distribute 200 Ethereum to ETH-community. The first 50 who sent 0.2 ETH to the address below will receive 2.0 ETH to the addresses from which the transactions were sent. "

Analysts managed to detect the following fraudulent accounts on Twitter:

  • Elon Mask: @eonmusk, @elonnmuusk, @eIonmsuk
  • John McAfee: @officialnmcafee, @officialnmcafee
  • Vitalik Buterin: @VitallikButern, @VitallikButern
  • Warren Buffett: @WarrenBuffert
  • Coinbase: @coindase
  • CoinMarketCap: @ coinmarketcap3
  • OmiseGo: @Omiise_Go
  • Nano: @nanocurrency

Also, at least 8 Ethereum-addresses were found, which scammers used to collect money. Probably, this is not all scammers' addresses, which means that the amount of stolen assets may be higher. 

Fake Elon Mask Twitter
Fake Elon Mask Twitter

A total of 7.69 ETH were transferred to the above addresses, and 6.2 ETH of them were transferred overnight. The more of the money were collected by fake John McAfee, Vitalik Buterin and Elon Mask.

MyEtherWallet to Roll Out MEW Connect

The application provides a secure login to user accounts
19 September 2018   137

Developers of the popular wallet MyEtherWallet presented the final version of the mobile application MEW Connect.

The application provides a secure login to user accounts. With MEW Connect, users do not need to enter a private key to open a wallet. Instead of using a private key, the introduction of which may pose a security risk, the user reads a special QR code.

Kosala Hemachandra, MyEtherWallet founder in talk with TechCrunch said that he he hopes beta users will comb through the code and help find issues with the app before its wider release.

The app is available for both iOs and Android. MyEtherWallet.com service is visited daily by about 600 thousand users.

Recall, the beta version of MEW Connect was introduced in July.