Circle has warned that there are currently no new versions of the USDC coin. Don’t be fooled by crooks.

Blockchain security firm CertiK has reported a 170% increase in phishing attacks in Q2 compared to the first quarter.

Circle, the company behind the development of USDC, has warned about a phishing attack that tricked USDC users into transferring their coins to insecure addresses.

Circle CompanyTweetThe attackers pretended to be members of Center, a company founded by exchanges Coinbase and Circle.


Circle Company Statement

Circle has tweeted that it is not issuing new versions of USDC and urges users not to be fooled.

Circle CEO and Founder Jeremy Allaire wrote a letter to the Chief Financial Officer. And has called for a clear regulation of stablecoins in the United States. He warned that failure to do so would expose domestic investors to greater risks.

phishing attack

Phishing attacks have become quite common lately. The most recent phishing attack allowed access to the accounts of compromised exchanges Coinbase, MetaMask,, and Kucoin.

informationAccording to BleepingComputer, attackers also use Microsoft Azure services to host phishing websites. And trick victims into using it by claiming to verify suspicious transactions.

An adversary recently created a fake video of former exchange CEO Sam Bankman-Fried. FTX It came up to scam users affected by the bankruptcy of the exchange. FTX

In addition, blockchain security company Certik alsoreportThere is a group of professionals called “Know Your Customer” being employed by blockchain developers and ill-wishers to exploit crypto investors.
Source: Cryptopotato


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.