Popular non-custodial crypto wallet Jade which was created by leading Bitcoin (BTC) development studio Blockstream, has <\/span>suffered<\/span><\/a> an attack that has its customers receiving phishing emails from the perpetrators.\u00a0<\/span><\/p>\n Earlier today, users of Jade Wallet began to receive scam alert letters which stated that the Jade hardware wallet has been exploited and Blockstream issued an emergency firmware release. The perpetrator(s) pointed users to a red button in the letter where they could initiate a software upgrade at once. However, it turned out that Blockstream had no hand in it.<\/span><\/p>\n <\/p>\n A phishing email is being sent out impersonating Blockstream. As we investigate, please remember:<\/p>\n 1\ufe0f\u20e3 DO NOT click on any suspicious emails claiming to be from Blockstream. Blockstream will NEVER ask for personal information via email.<\/p>\n 2\ufe0f\u20e3 NEVER enter your seed phrase online or\u2026<\/p>\n <\/p>\n \u2014 Blockstream (@Blockstream) October 21, 2023<\/a><\/p>\n<\/blockquote>\n According to a post shared on the X app by Blockstream, the sender of these emails is trying to impersonate the company. Fortunately, the hacker has not gained access to Blockstream\u2019s mail server as the phishing emails were sent through an unassociated third-party domain.\u00a0<\/span><\/p>\n Investigations are currently ongoing and until then, users are advised to steer clear of any suspicious emails claiming to be from Blockstream. Users are not expected to open any of these links or emails. The wallet creator went on to add a disclaimer that \u201cBlockstream will NEVER ask for personal information via email.\u201d<\/span><\/p>\n <\/p>\n Furthermore, users were urged to not share their seed phrase online or even tell it to someone else, even if they claim to be from the firm\u2019s support team. Also, it highlighted that all updates should be done through the Blockstream Green wallet application or via the dedicated firmware website.\u00a0<\/span><\/p>\n Noteworthy, many users of the sophisticated non-custodial wallet are not convinced by the explanation offered by Blockstream. Some of these individuals suspect that the firm may have <\/span>intentionally<\/span><\/a> leaked their data to the scammers. To further buttress their stance, these users cited that their email addresses were only shared with Blockstream.\u00a0<\/span><\/p>\n Attacks on crypto platforms in 2023 have reached unreasonable levels with criminals taking advantage of vulnerabilities on several protocols. An analysis of the losses <\/span>incurred<\/span><\/a> in Q3 via\u00a0rug pulls, hacking attempts, and phishing attacks showed that approximately $890 million has been lost to these bad actors.\u00a0<\/span><\/p>\n Overall, this emphasizes the urgent need to bolster the security system that caters to most protocols and platforms in the blockchain industry.<\/span><\/p>\n <\/p>\n \u2713 Share:<\/p>\n <\/a><\/p>\n <!– <\/p>\n <\/p>\n <\/a><\/p><\/div>\n<\/p><\/div>\n <\/p>\n <\/a><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n –><\/p>\n –><\/p>\n Benjamin Godfrey is a blockchain enthusiast and journalists who relish writing about the real life applications of blockchain technology and innovations to drive general acceptance and worldwide integration of the emerging technology. His desires to educate people about cryptocurrencies inspires his contributions to renowned blockchain based media and sites. Benjamin Godfrey is a lover of sports and agriculture. Follow him on Twitter<\/a>, Linkedin<\/a> <\/p><\/div>\n<\/p><\/div>\n The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n<\/div><\/div>\n<\/p><\/div>\n <!– <\/p>\nScammers Infiltrate Jade Wallet<\/strong><\/h2>\n
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Blockstream Users Suspects Foul Play<\/strong><\/h2>\n
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