Circle warns users of ongoing phishing attacks

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Circle, the USDC stablecoin issuer, has reported phishing attacks in which hackers pose as employees of the Center consortium and try to swindle crypto assets from users.

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The scheme is quite simple – the attackers send letters on behalf of the employees of the Center consortium, created by the Coinbase exchange and the Circle company, and inform about the “appearance of a new version of the USDC stablecoin”. To exchange old tokens for new ones, users must transfer stablecoins to the address specified by the attackers.

“Warning: There is an active phishing campaign in which hackers are trying to convince users to transfer USDC to hacker addresses. Fraudsters pretend to be Centre’s employees. There is no new version of USDC on the market. Don’t fall for this!” Circle wrote.

Note that phishing campaigns have become quite popular in recent months. For example, phishing attacks on users of Coinbase, MetaMask, Crypto.Com, and KuCoin have recently been recorded. Attackers use a hacked Microsoft Azure Web Apps service to send phishing messages.

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At the end of October, the CEO of the Binance exchange, Changpeng Zhao, criticized the Google search service for advertising cryptocurrency phishing sites.

Source: Bits

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