The mailing list provider used by the Ethereum Foundation for updates was compromised, resulting in a phishing email. Hackers are now using addresses from the breach to send fake emails. These fraudulent emails claim a collaboration between Ethereum and LIDO, promising a high annual percentage yield (APY) for staked assets. Recipients are urged to avoid […]
Bitcoin News
Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor
Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto airdrops. ‘Beware of Any Emails Suggesting Crypto Airdrops’ Paolo […]
Bitcoin News
Satoshi’s Last Emails: ‘Make It About the Open-Source Project,’ Economist Predicts ‘Catastrophic’ Fall in US Living Standard, FRC Shares Plummet, and More — Week in Review
Another week has passed in the world of crypto and finance, with the anniversary of Bitcoin creator Satoshi Nakamoto’s last known emails, predictions of massive declines in Americans’ standard of living, and important developments at the struggling First Republic Bank. All this and more just below, in the latest Bitcoin.com News Week in Review.
The Elusive Satoshi Nakamoto: Last Emails Reveal Bitcoin Creator’s Thoughts Before Disappearing Over a Decade Ago
Twelve years ago, on this very day of April 23, 2011, a cryptic individual, known only as Satoshi Nakamoto, penned one of the final correspondences to software developer Mike Hearn. The elusive mastermind behind Bitcoin conveyed in the message that he, she, or they had “moved on to other things” and confidently asserted that the project was entrusted in “good hands.”
Economist Warns of ‘Catastrophic’ Fall in American Living Standard — Elon Musk Weighs in on De-Dollarization, US Dollar Weaponization
Economist Peter St Onge has warned that U.S. dollar weaponization will lead to “soaring inflation, a catastrophic fallen American standard of living, and a U.S. that falls off the world stage.” Commenting on the economist’s warnings, Tesla and Twitter CEO Elon Musk weighed in on de-dollarization.
US Banking Industry Still Struggling as First Republic Bank Shares Plummet by Over 30%
In the midst of a tumultuous week, First Republic Bank is struggling to regain its footing in the financial world. Reports have surfaced that the bank is poised to enter government receivership due to a massive outflow of 0 billion in customer withdrawals last month. This has prompted investors to flee the bank, causing its shares to dive-bomb by over 50% on Tuesday.
Gold Bug Peter Schiff Warns ‘Death Blow’ Coming for US Dollar — USD to Lose Reserve Currency Status
Economist Peter Schiff has warned that a death blow is coming for the U.S. dollar and the USD will lose its global reserve currency status in this financial crisis. “People are still reluctant to call it a financial crisis, but that’s exactly what it is, except it’s bigger in scale and it’s going to be far more impactful than the 2008 crisis,” Schiff stressed.
What are your thoughts on this week’s hottest stories from Bitcoin.com News? Be sure to let us know in the comments section below.
The Elusive Satoshi Nakamoto: Last Emails Reveal Bitcoin Creator’s Thoughts Before Disappearing Over a Decade Ago
Twelve years ago, on this very day of April 23, 2011, a cryptic individual, known only as Satoshi Nakamoto, penned one of the final correspondences to software developer Mike Hearn. The elusive mastermind behind Bitcoin conveyed in the message that he, she, or they had “moved on to other things” and confidently asserted that the project was entrusted in “good hands.”
Behind the Bitcoin Curtain: The Final Correspondence of Satoshi Nakamoto
Following the creation of Bitcoin and the initial implementation of the technology, the enigmatic Satoshi Nakamoto vanished from the public eye in December of 2010. The last public message from the elusive innovator was issued on December 12th of that year, in which Nakamoto underscored that “there’s more work to do on [denial-of-service] DoS.” Subsequently, Nakamoto corresponded with a few of the developers behind Bitcoin, including Mike Hearn and Gavin Andresen.
Hearn received an email from Nakamoto on April 23rd, 2011, titled “Holding coins in an unspendable state for a rolling time window,” in which he inquired about the possibility of Nakamoto’s return to the Bitcoin community. However, Nakamoto asserted that he, she, or they had “moved on to other things,” confidently stating that the project was in “good hands with Gavin and everyone.” The Bitcoin creator also expressed hope for the continued development of Bitcoinj, Mike Hearn’s Java version of Bitcoin, as it “gives Java devs something to work on.”
Nakamoto: ‘Instead, Make It About the Open-Source Project’
A few days later, Andresen received an email from Nakamoto, in which the pseudonymous innovator expressed frustration with the negative portrayal he received in the press. “I wish you wouldn’t keep talking about me as a mysterious shadowy figure,” wrote Nakamoto. “The press just turns that into a pirate currency angle. Maybe instead make it about the open-source project and give more credit to your dev contributors; it helps motivate them.” This email is widely considered to be the last known communication from Bitcoin’s enigmatic creator to anyone.
There was speculation on March 7th, 2014, when an article in Newsweek claimed that the creator of Bitcoin was a 64-year-old Japanese-American named Dorian Nakamoto. However, a message purportedly authored by Nakamoto appeared on the P2P Foundation’s online forum stating, “I am not Dorian Nakamoto.” Since then, no additional messages from the elusive Bitcoin creator have surfaced, and the emails to Hearn and Andresen remain a poignant reminder of Nakamoto’s decade-long absence from public view.
What do you think happened to Satoshi Nakamoto? Share your thoughts and theories in the comments below.
Hackers Attack Domain Registrar Namecheap; Flood of DHL and Metamask Phishing Emails Follow
On Sunday, Feb. 12, 2023, the domain registrar Namecheap’s email account was compromised by hackers. Subsequently, a large number of individuals received phishing emails claiming to be from Metamask and DHL. These emails originated from the email platform Sendgrid, a service used by Namecheap for marketing correspondence.
Namecheap Confirms Email Account Compromise and Disables Sendgrid Services
Multiple reports indicate that Namecheap was breached on Sunday and hackers leveraged the company’s email account through the Sendgrid service. Namecheap CEO Richard Kirkendall confirmed the compromise and said the firm has disabled Sendgrid services. “To be clear, the issue was within a third-party provider that we use to send our newsletter,” Kirkendall tweeted. “None of our own systems or customer accounts were breached. I sent a follow-up email to all affected users. The domains linked in the original phishing emails were also disabled.”
According to users who investigated the sent emails, the links led to a phishing campaign attempting to steal private information from the user. For example, the Metamask email led to a fake website trying to get the user to enter their mnemonic recovery phrase. Metamask also tweeted about the Namecheap emails and told recipients to ignore the messages. “Metamask does not collect KYC information and will never email you about your account,” the company tweeted. The Web3 wallet firm added:
Do not enter your Secret Recovery Phrase on a website EVER. If you got an email today from Metamask or Namecheap or anyone else like this, ignore it & do not click its links!
Phishing attacks have been common in recent years, and hackers have used various methods to access people’s private information. According to reports, the DHL phishing email aims to provide the user with an invoice to get the user to enter payment information to resolve the fake issue. Once a user provides information like their mnemonic recovery phrase or other financial information, hackers can drain the funds from the account.
According to Beehive Cybersecurity, Namecheap’s team members took immediate action to resolve the issue. “We’d like to vouch that when we ourselves notified Namecheap of this, they acted promptly and treated it seriously,” Beehive Cybersecurity tweeted. “This is the A game of what we like to see from registrars.”
What measures could you take to protect yourself from phishing attacks like this one? Share your thoughts and strategies in the comments below.
BitMEX on User Info Leak No Data Was Disclosed Beyond Emails
n BitMEX reassures that no other data except emails has been disclosed in a mass email leak on Nov. 1n
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BREAKING BitMEX May Have Just Leaked All of Their Users Emails
n Crypto derivatives platform BitMEX has compromised users privacy and security by forgetting to use blind copy b/cc on a mass emailn
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Crypto Criminals Send Scam Emails Impersonating British Financial Watchdog
n Scam emails impersonating the U.K.s FCA are offering recipients a guaranteed chance to earn on digital currenciesn
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Necurs World’s biggest botnet spews millions of spam emails pushing Swisscoin cryptocurrency
Swisscoin is an obscure cryptocurrency and its trading was briefly suspended after it was reported to be a ponzi scheme.
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Bittrex Leaks User Passports In Support Emails, Says Russian Telegram Channel
n Scans of a Bittrex support email on KYC verification appear to show passports and photos of other users in attachments.n
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