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   2724

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.

Parity Not to Split Ethereum Blockchain

Pairty technologies will not implement EIP 999 code change
26 April 2018   84

Parity Technologies issued a statement, according to which they do not plan to implement in their client code that could lead to a split of the Ethereum blockchain.

It was assumed that the EIP 999 would restore $ 264 million blocked on Parity wallet in November 2017 due to a discovered bug.

The statement, signed by the co-founder of the company Gavin Wood and CEO Jutta Steiner, says that she "does not intend to split the Ethereum chain," instead, "working with the community to find a solution."

We have all dedicated a great deal of time and effort to developing the ethereum ecosystem and have no intention of harming what we have helped build.

Parity Statement

In the discussion of possible options for the restoration of frozen funds, the EIP 999 became the stumbling block, because of which people began to talk about the possibility of the early emergence of two parallel versions of the Ethereum blockchain.

Parity write that they "deeply regret" because the money of their users have been frozen, and they admit that they may still have a chance to return their funds.

The company assured the community that after the incident last year, it updated its security policies, including the process of developing smart contracts and signing an agreement with the audit company Trail of Bits.