Electrum and MyEtherWallet are Facing New Phishing Attacks

by | Feb 6, 2019 | Blog

Electrum and MyEtherWallet Facing New Phishing Attacks

This is from @MyEtherWallet Twitter:

There’s another phishy email going around asking users to give up personal information. Don’t believe the hype!

#1. We will never email you first (only reply to support).
#2. We will never ask for your private key (or other sensitive info).
#3. Be skeptical!

We want you all to know that this not only applies to MEW and Electrum but any and all crypto companies may potentially be attacked.

Tips and a few suggestions by Crypto Beadles for people who may not know how to protect their crypto:

“You can store funds on phones offline using a decentralized wallet such as Monarch Wallet. You can download the wallet on a phone you don’t use. Then you could put every coin or token you have on the wallet. If that wallet doesn’t support all the coins or tokens you could download additional decentralized wallets directly from the blockchain project and install the wallets on the same phone. Next, you could place it in airplane mode, remove the sim card, make sure you backup your seed and place both somewhere secure where you won’t forget, and you might not have to deal with stuff like this.


Also, I never suggest you do updates via email. If you receive an email from a company, I find it’s best to always go directly to the company’s website and contact them directly from there. I don’t suggest you reply to the email to ask them if it is legitimate. Do not risk getting hacked fam; it’s just not worth it. Always make sure you hold your private key and seed safely so YOU own your crypto, not some exchange or hacker.”  – Crypto Beadles

Lastly, Do not fall prey to SCAMMERS. Stay vigilant, and if you ever have questions or doubts about a message coming from a company, do your part by reporting the incidents to the respective companies support/contact pages.

We hope this was helpful!

Be Safe and God Bless – Crypto Beadles


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