Hackers who stole over $300k fake the website of a major cryptocurrency conference

Hackers who stole over $300k fake the website of a major cryptocurrency conference

204
Author: Robert Strickland
Subscribe

 

Hackers who stole over $300k fake the website of a major cryptocurrency conference
Hackers who stole over $300k in six months with the help of fake websites faked a webpage of Ethereum Denver crypto conference
A fake page that mimics the resource of the popular Ethereum Denver event invites users to connect MetaMask wallets and make a transaction that debits funds

Hackers who stole more than $300 million worth of cryptocurrency over the past six months have spoofed the website of a major Ethereum Denver (ETHDenver) developer cryptocurrency conference, Cointelegraph reports. The fake page, which mimics the resource of the popular event, invites users to connect MetaMask wallets and make a transaction that deducts funds.

According to cybersecurity company Blockfence, which identified the fraudulent site, these attackers have accessed more than 2,800 wallets and embezzled more than 177 ETH (about $300 million) in the past six months.

Blockfence CEO Omri Lahav said the malicious smart contract was deployed in the middle of last year and may have also been used on other phishing sites.

The real conference organizers warned the community on February 20 about a fake site that asks to connect a cryptocurrency wallet. They pointed out that Go-ETHDenver was a fake site and asked to report if they found it.

The publication notes that the hackers even paid for Google ads to promote their site and get on top of the search, as they were counting on good traffic in the run-up to the conference scheduled for February 24 and 25. For a while, the fake site was coming in second place in a Google search.

 

Other news

Clients of Mt. Gox Exchange to Receive $9 Billion in Bitcoin
Ethereum ETF to Launch in the US in July
What is Bitcoin Dominance
Which Countries Hold the Most Bitcoins
In June, German authorities transferred thousands of confiscated bitcoins to exchanges
JPMorgan: Payments to Customers of Bankrupt Crypto Exchanges Will Balance Each Other Out
Trustpilot