Slack Attack: phishing scams target blockchain companies

A number of blockchain and cryptocurrency companies have fallen victims to phishing scams that utilize the messaging service Slack
11 July 2017   4415
Blockchain

Distributed database that is used to maintain a continuously growing list of records, called blocks

Multiple blockchain companies were targeted by a phishing scam through the messaging service Slack.

Slackbot kindly asked users to log in to MyEtherWallet (MEW):

Phishing scams through Slack Phishing scams using Slackbot for the attack

Those who clicked on the attached hyperlink were redirected to myether.com.co, a site impersonating MEW. Apparently, the false front allowed the scammer(s) to collect wallet details from their victims.

Fortunately, most users quickly realized that the hyperlink to MyEtherWallet was fake, as evidenced by the “.co” at the end (or “.su” domain). The victims of the attack hastened to inform others on Twitter and other social media, but, unfortunately,  the Slack team did not provide an immediate solution.

Slack responses to those affected by phishing scams Slack responses to those affected by phishing scams

Slack channels of some of the most famous blockchain companies saw post after post of users calling for the ban of scam accounts. Many corporate leaders took proactive measures to alert their users, however, now it seems totally clear that as the communication software of choice among blockchain developers and founders, Slack might be the weakest link in corporate cybersecurity.

Most Crypto-Optimists Live in Norway, Bitflyer Study

According to bitFlyer's poll on future of crypto, europeans believes cryptocurrency has future
24 April 2019   101

Most Europeans believe that in ten years digital currencies will continue to be in demand, but they do not have the same confidence about Bitcoin. This is reported by Cryptonews, citing a study of the bitFlyer.

10 thousand people from ten European countries took part in the online survey. Of these, 63% believe in a “bright future” cryptocurrency. However, not all Europeans are confident in the future of Bitcoin - only 55% believe that the first cryptocurrency will exist in ten years.

It is also noteworthy that, despite the fall in prices of most cryptocurrencies that lasted for almost a year, the majority of respondents positively assessed the prospects for the development of the market.

Most of the “crypto-optimists” turned out to live in Norway - 73% of the inhabitants of this Scandinavian country are convinced that a decade later, digital currencies will still be in society. This is followed by Italy (68%), the Netherlands and Poland close the top four (67% each).

The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time
The percentage of consumers who believe cryptocurrencies will still exist in 10 years’ time

But the exact form of cryptocurrency will exist, almost no one knows. Only 8% believe that they will become money, and 7% - a tool for investment or a means of preserving value.

The fact that Bitcoin is not generating as much support as other cryptocurrencies is in part a symptom of the market’s volatility, but is also a direct impact of the constant media attention that is associated to its volatility.
 

Andy Bryant

COO, bitFlyer Europe

He also added that the study demonstrated how much remains to be done to increase public awareness of the benefits and opportunities of cryptocurrencies.