Crypto crime : Ethereum phishing scams on the rise

Ethereum has gained popularity among the cryptocurrencies, and phishing scams using fake domains are on the rise.

Cybercriminals target Ethereum users with a variety of schemes, mostly phishing emails that ask them to disclose information to ensure their wallet is up to date.

Many of these emails look convincing, and plenty are successful. The financial loss of Ethereum was minimal in the early days, but now the cryptocurrency’s trading value exceeds $335 dollars according to ALTS.com.

With all this in mind, an Ethereum scam database helps keep track of ongoing schemes, across a variety of domain names.

Operating from EtherScamDB.info, the open-source database maintains updates about each Ethereum phishing campaign’s status and related domains.

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