Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Etherscan and CoinGecko Release Simultaneous Security Alerts

Published 05/14/2022, 07:17 AM
Updated 05/14/2022, 07:30 AM
© Reuters Etherscan and CoinGecko Release Simultaneous Security Alerts

    • An alert has been issued by both Etherscan and CoinGecko simultaneously relating to an ongoing phishing attack on their platforms.
    • According to the information released, the attack attempts to gain access to users’ funds by requesting to integrate their MetaMask wallets with the websites.
    • One Twitter (NYSE:TWTR) user believes the root cause of the attack may be the integration with CoinZilla.

An alert has been issued by both Etherscan and CoinGecko simultaneously relating to an ongoing phishing attack on their platforms.

After a number of users reported unusual MetaMask pop-ups that prompted them to connect their crypto wallets to the website, the firms launched an investigation, and have now released some information regarding the attempted phishing attacks.

According to the information released, the attack attempts to gain access to users’ funds by requesting to integrate their MetaMask wallets with the websites.

Etherescan further revealed that the attackers have also been able to display phishing pop-ups through third-party integrations, and has advised crypto investors to not confirm any transaction requests received by MetaMask.

In an effort to identify the root cause for the attack, one member of the crypto Twitter community, @Noedel19, connected the ongoing phishing attacks to the compromise of CoinZilla – a marketing and advertising agency. The Twitter user suggested that any website that integrates with CoinZilla Ads has been compromised.

Coinzilla has not yet given an official confirmation regarding its service being compromised. However, @Noedel19 is confident that all companies that have ad integration with CoinZilla are still at risk of similar attacks.

In an effort to implement damage control, Etherscan has disabled the compromised third-party integration on its website.

CoinGecko has also posted a tweet with the text “Security Alert: If you are on the CoinGecko website and you are being prompted by your Metamask to connect to this site, this is a SCAM. Don’t connect it. We are investigating the root cause of this issue.”

Continue reading on CoinQuora

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.