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Millions worth EOS token stolen from Investors, Block.one becomes online scam victim

Arjun B

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Millions worth EOS token stolen from Investors, Block.one becomes online scam victim
Source: Flickr

The internal system of the parent company of EOS ICO was compromised by some digital hackers, and Investors have lost millions of dollars.

The plot was simple, some anonymous online scammers had hacked into the system of Block.one, and scammers sent messages to the investors of EOS. The details of the investors were breached by the hackers and this information was used to steal EOS [EOS] and Ethereum [ETH] tokens from the investors.

The Hackers had hacked the email support system of Block.one which was operated by cloud software provider called as Zendesk [ZEN]. Block.one temporarily terminated their Zendesk system due to the unfortunate situation.

Block.one is the parent company on EOS ICO, which is raising $4 Billion for the development of their new blockchain software. The sale of EOS tokens has begun almost a year ago, and the sale ends today. In a year Block.one has sold one more than one billion EOS tokens to various investors.

The hackers had sent emails to the investors, the mail has a hyperlink which takes to the Hacker’s website with a domain name of “https://xn--es-8bb.com” which web browsers would translate to eȯs.com. The website asked the users to enter their private key to unlock their wallets to get the free tokens. The hackers used this private key to take all the tokens from the investors.



The cyber-thief or thieves, which is uncertain at this time, has stolen EOS and ETH tokens from investors. The hackers capitalized on the information they obtained to their advantage. The scammers pretended to provide free tokens as part of a giveaway. The investors were looking forward to getting free EOS and ETH tokens, instead, the hackers stole the coins that they had. The investors lost millions of dollars.

Sofia, a Reddit user said that:

“I have lost around $45,000 worth of EOS tokens from my wallet, I hope the justice would be served.”





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Arjun B worked as an intern at AMBCrypto. He holds no assets in cryptocurrencies.

Bitcoin

John McAfee says he will reveal Nakamoto’s identity, Coinbase expands to 11 countries, and more

Priya

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John McAfee says he will reveal Nakamoto's identity, Coinbase expands to 11 countries, and more
Source: Unsplash

Daily Crypto News – April 18

1. John McAfee on Satoshi Nakamoto: The Founder of McAfee Associates stated that he would narrow down on the identity of Satoshi Nakamoto until he reveals Satoshi himself, otherwise he would reveal his identity to the crypto community. He also spoke about how he knows about Satoshi, to read about it, click here!

2. Coinbase expands its services to more countries: The leading exchange platform announced that it expanding its services to 11 more countries, which includes India, South Korea, and New Zealand. People in these countries can avail services provided on Coinbase.com, Coinbase Pro and its app on iOS and Android.

To know more about the countries Coinbase has expanded to, click here!

3. Craig Wright says the crypto-community want to silence him: Craig Wright, the self-proclaimed Satoshi Nakamoto, stated that the majority of the community was against him as they “desire to silence” him because they see someone who would bring an end to scams and pumps and dumps.

He also spoke about the next steps he would be taking in terms of the legal action concerning his defamation case. To read about it, click here!



4. Binance “marks the birth of a new genesis block”: The largest cryptocurrency exchange in terms of trade volume announced the launch of its Decentralized Exchange, and also stated that the mainnet swap would take place on 23 April 2019.

To read more about Binance DEX, click here!





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