Bitcoin Price Could Hit $15,000 This Year

Christopher Matta, Goldman Sachs

According to my estimates, the recent tx spam on the ETH network cost up to ~$15m USD

Vitalik Buterin

Kaspersky Lab: Hackers Stole $10 Million in Ethereum With The Help of Social Engineering

Computer security specialists from Kaspersky Lab found that over the past year hackers managed to get more than 21,000 ETH with the help of social engineering, the company said in a press release.

The document says that since the beginning of 2018, scammers trying to steal cryptocurrencies have provoked more than a hundred thousand warnings from antiviruses.

ICO investors are the most at risk. Attackers use phishing sites and fake emails to force victims to transfer cryptocurrency to their wallet. Thus, representatives of the ICO-project Switcheo reported that scammers had stolen more than $25 thousand using a fake Twitter account.

Another popular method of fraud is “cryptocurrency distribution”. Victims are promised to get a large amount of cryptocurrency after a while, if they transfer a small amount of digital assets to fraudsters’ account.
Most often, for stealing funds, fraudsters use fake accounts of famous people like Elon Musk or the founder of Telegram Pavel Durov.

Nadezhda Demidova a leading analyst at Kaspersky Lab notes that mechanisms of fraud are constantly evolving, and it is not so easy to defend against them. At the same time, in her opinion, the sphere of cryptocurrencies is very attractive and profitable for criminals.

Note that at the beginning of the year “Kaspersky Lab” reported a new phishing scheme by which fraudsters tried to steal cryptocurrency of Facebook users.

Lev Semenov

Lev Semenov

CMO GoodWork