Bitcoin News

Cybercriminals have raked in a total $2.3 million by exploiting ICOs via phishing in the second quarter of 2018, a Kaspersky study revealed. The multinational cybersecurity company in its new  Spam and Phishing in Q2 2018  report found that online malefactors target crypto investors with fake ICO websites. Most of these sites belong to Ethereum-powered startups that raise money for the development of their platforms. In addition to injecting a phony crowdfunding link into their outbound emails, cybercriminals try every last trick to influence a victim to send them crypto-funds to their Ethereum wallets willingly. The victims, believing they are investing in a good ICO round, ends up throwing their Ether funds to unlawful benefactors. “Cybercriminals continue using the names of new ICO projects to collect money from potential investors that are trying to gain early access to new tokens,” Kaspersky disclosed. “Sometimes phishing sites pop up before official project sites.” F