Ongoing Email Phishing Campaign: WalletConnect Alerts Users about Crypto Scam

Ongoing Email Phishing Campaign: WalletConnect Alerts Users about Crypto Scam


Crypto Scam: WalletConnect Warns Users About Ongoing Phishing Campaign

WalletConnect, the open-source tool that connects mobile wallets to blockchain-based dApps, is cautioning its users about an ongoing crypto scam. Scammers are impersonating WalletConnect and sending phishing emails promoting a new token launch. These emails invite recipients to open a link to request an airdrop, but instead, it leads to a malicious website. This phishing campaign not only targets WalletConnect but also other major Web3 companies like Cointelegraph and Token Terminal.

Crypto Scam: Over $580,000 Stolen from Phishing Emails

WalletConnect and Token Terminal are investigating the situation, and ZachXBT, a crypto investigator, reports that over $580,000 has already been stolen. The stolen funds are stored in a multichain address and include 280 different cryptocurrencies, with 227 ETH being the largest portion. Trezor, a crypto hardware wallet, has also issued a security warning to its users about another phishing email campaign that affected them. While no crypto funds were stolen in this case, scammers may try to contact victims again to obtain their recovery seed phrase.

Takeaway

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The ongoing phishing email campaign targeting WalletConnect and other Web3 companies is a serious threat to crypto users. It is crucial for users to be vigilant and avoid interacting with suspicious emails or links. Always verify the authenticity of the sender before taking any action. Additionally, companies like WalletConnect and Trezor are actively working to address these scams and protect their users. Stay informed about security warnings and updates from trusted sources to ensure the safety of your crypto assets.

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Leo Nomist emerges as a maestro harmonizing the roles of crypto analyst, tenacious researcher, and editorial virtuoso, creating an unparalleled symphony of insight. Amidst the intricate world of digital currencies, Leo’s perspectives resonate like finely tuned chords, capturing the attention of curious minds from diverse horizons. His talent for deciphering complex threads of crypto intricacies blends seamlessly with his editorial finesse, translating intricacy into a captivating composition of understanding.