Several users have recently started to reach out to cryptocurrency news outlets to notify them of the latest scam which attempts to mimic MyEtherWallet (MEW). However, now the impersonating site seems to have been shut down.
To avoid falling victim to harmful scams, users have been warned to not follow any links that seem to have been sent out by MyEtherWallet from the email address [email protected]. According to users, the fraudulent email states that, following the latest Ethereum hard fork, MEW has been affected and are advising their users to sync their ewallets for continued and uninterrupted services. However, this has since appeared to be fake.
Upon closer investigation of the fraudulent email, users found that a particular character that is used to spell the web address is the Roman ‘t’ and that it is made to seem like a derivative of the MEW official web presence. The IP address was found to be based out of the Netherlands.
MEW users have often become sought-after targets of malicious attackers. To date, several MEW accounts’ login credentials were entered into a wide array of fraudulent sites. As soon as a user enters their details, the scammer behind the impersonating site is able to access their login credentials. In turn, they are used to access the victims’ wallets and drain their wallets of funds. While MEW confirmed that they do not store it’s users’ private keys on their servers, phishers can still bypass this by waiting for users to manually enter their keys and passphrases.
According to a spokesperson from MEW, the firm is currently doing everything possible to shut down phishers and try to prevent similar attacks from happening in the future. However, the spokesperson warned that these attacks will only cease once they stop being lucrative to the scammer. The spokesperson suggested that users protect themselves by installing protective software such as MetaMask or EAL Chrome Extensions. The spokesperson also suggested refraining from clicking links from emails and to get a hardware wallet.
The spokesperson also added that no action was required of MEW users for the hard fork. MEW relayed some protective rules of thumb to users, such as: don’t believe emails that are too good to be believable and don’t believe scary DM’s that no one is talking about. They also cautioned against Slack DMs, and once again they emphasized the use of a hardware wallet.
MEW supporters have grown increasingly supportive of hardware wallets, especially since they offer additional security measures. Users have a fair amount of choice in the matter. There are several integrating extensions available for Google Chrome, such as Meta Mask, which will aid in protecting users against malicious or fraudulent URLs. MEW has created a public repository of information which users can access to help to protect themselves and their funds. Several online platforms, including ETHNews, issued a warning to all users to be careful and vigilant when using MEW’s website, and all other cryptocurrency platforms or services.
To avoid falling victim to harmful scams, users have been warned to not follow any links that seem to have been sent out by MyEtherWallet from the email address [email protected]. According to users, the fraudulent email states that, following the latest Ethereum hard fork, MEW has been affected and are advising their users to sync their ewallets for continued and uninterrupted services. However, this has since appeared to be fake.
Upon closer investigation of the fraudulent email, users found that a particular character that is used to spell the web address is the Roman ‘t’ and that it is made to seem like a derivative of the MEW official web presence. The IP address was found to be based out of the Netherlands.
MEW users have often become sought-after targets of malicious attackers. To date, several MEW accounts’ login credentials were entered into a wide array of fraudulent sites. As soon as a user enters their details, the scammer behind the impersonating site is able to access their login credentials. In turn, they are used to access the victims’ wallets and drain their wallets of funds. While MEW confirmed that they do not store it’s users’ private keys on their servers, phishers can still bypass this by waiting for users to manually enter their keys and passphrases.
According to a spokesperson from MEW, the firm is currently doing everything possible to shut down phishers and try to prevent similar attacks from happening in the future. However, the spokesperson warned that these attacks will only cease once they stop being lucrative to the scammer. The spokesperson suggested that users protect themselves by installing protective software such as MetaMask or EAL Chrome Extensions. The spokesperson also suggested refraining from clicking links from emails and to get a hardware wallet.
The spokesperson also added that no action was required of MEW users for the hard fork. MEW relayed some protective rules of thumb to users, such as: don’t believe emails that are too good to be believable and don’t believe scary DM’s that no one is talking about. They also cautioned against Slack DMs, and once again they emphasized the use of a hardware wallet.
MEW supporters have grown increasingly supportive of hardware wallets, especially since they offer additional security measures. Users have a fair amount of choice in the matter. There are several integrating extensions available for Google Chrome, such as Meta Mask, which will aid in protecting users against malicious or fraudulent URLs. MEW has created a public repository of information which users can access to help to protect themselves and their funds. Several online platforms, including ETHNews, issued a warning to all users to be careful and vigilant when using MEW’s website, and all other cryptocurrency platforms or services.