Alert of the appearance of phishing threats related to USD Coin (USDC), a price-stable digital currency pegged to the dollar. This was reported to Cointelegraph en Español, in an analysis, by Proofpoint cybersecurity experts.
The fall of Silicon Valley Bank (SVB), one of the largest lenders in the United States, has managed to destabilize the technological and financial markets of half the world, also affecting industries such as cryptocurrencies. Taking advantage of the insecurity and fears of this new crisis, Proofpoint cybersecurity experts warn of the appearance of phishing threats related to USDC.
Scammers have been sending messages posing as brands in the crypto world, enticing their targets to claim their coins or exchange them for US dollars. “Once Circle, the company behind the USDC cryptocurrency, announced that it had cash reserves in SVB, cybercriminals began to impersonate this fintech company, using a lure that promised the victim to exchange their USDC for dollars at a ratio of 1:1”, they explain from Proofpoint in Twitter.
They induced victims to install a Smart Contract (smart contract), which transfers the contents of your wallet to the attacker.
Proofpoint’s threat research team explained: “Cybercriminals take advantage of human emotions and, above all, the fear that users may feel in certain situations, which is why the collapse of SVB has become a topic to resort to to exploit vulnerabilities”.
From the cybersecurity company they insist that: “Anyone who handles information or financial transactions should exercise greater caution and diligence in the face of any suspicious messages they receive.”.
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