Latest Ethereum Hack Leads to Theft of Coins from Users Wallet


Upcoming news related to Latest Ethereum Hack: It was almost 2 hours in a stretch when the hacker redirected the consumers from MEW provider onto one fake website. From that website deposits of the Ethereum crypto-currency obtained clandestinely funnelled into a hacker-controlled source. Pcmag.com published this on the Web dated April 24, 2018.

Latest Ethereum Hack Leads to Theft of Coins from Users Wallet


An extremely active crypto-currency exchange Binance posted on twitter.com that some MEW owners reported they faced difficulties while loading the website. Disturbingly, a lot of people may have got victimised using the scam. Evidently, approximately 180 transactions were coming to the speech under the control of the consumer during the assault, and 215 Ether coins equal to $151,000 were moved to a different wallet.

As the bogus site of initial MyEtherWallet.com employed one unreliable TLS/SSL certification, victims were forced to stick to an error message of HTTPS kind. As time passes, the dacoits gained $17 million worth of Ethereum in their wallet.

Also Read: Ethereum Could Reach $2,500 By The End Of 2018 - Reports

Since MyEtherWallet clarifies via the Reddit site, the attackers were ably undermining several DNS servers for deflecting users of their Ether wallet who desired to access myetherwallet.com and made them land one phishing site instead of the actual site where their accounts particulars were filched.

MEW, which has supported the hack, recalls several accusations regarding one DNS hack targeted on it throughout January. The allegations were from BLUE (Ethereum Blue) programmers that MEW then categorically ignored as the specific absurd lie.

On April 24, reports came in about problems affecting the DNS centre of Google. Binance twitted early morning informing users there were problems that Google DNS had been confronting. It seems people were utilising the platform were affected. However, there apparently isn't any indication that Google DNS problem has a connection with the DNS compromise of MEW.

Also Read: OKEX Stopped ERC20 Deposits After the Ethereum Contract Bug

Visitors diverted onto the fake MEW site at the time of this episode would have found on their display a pop-up cautioning about the website supplying a dubious digital certificate.

Final Conclusion


We hope you are safe from this Latest Ethereum Hack and please always securely do transactions and keep your passwords in a safe place.

Posted from my blog with SteemPress : https://www.myethermine.com/news/latest-ethereum-hack-theft-of-coins/