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Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Finds

Cryptocurrency NewsJan 11, 2019 07:21AM ET
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Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Finds

Altcoins Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) are reportedly appropriating the private keys of users trying to redeem their allegedly forked coins. The suspected scam was covered in a report sent to Cointelegraph by the Guarda Wallet development team on Jan. 11.

The official website of the Ethereum Nowa project — which doesn’t contain a white paper — describes the process that users are supposed to engage in to obtain ETN. According to the website, the user should first send ETH to an address, and then export the private key and redeem the cryptocurrency using the dedicated online tool.

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Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Finds
 

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Peter Frost
Peter Frost Jan 11, 2019 9:28AM ET
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Crypto currency is an outgoing trend, one can even say with confidence that there will not be any crypto currencies soon. Digital Assets and platforms, which ensure their functioning, are replacing crypto currencies right now. That is why Digital Assets will become a driving force for the new digital economy....https://www.bitbon.space/en/news/global/kriptovaliuta-ili-tcifrovoj-aktiv
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