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Learning & News => News related to Crypto => Topic started by: MOProgress on January 11, 2019, 03:10:54 PM

Title: Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Find
Post by: MOProgress on January 11, 2019, 03:10:54 PM
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 #DevelopmentTeam  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.

A user on Ethereum block explorer Etherscan has commented on the aforementioned address, asserting that the address is engaging in a “scam [hard] fork/airdrop” after warning “Don’t send anything here.” The tool to claim the coins appears to be a clone of the well-known online Ethereum (ETH) wallet MyEtherWallet (MEW), featuring the original logo, website title and page under a different domain.

The main difference compared to the original MEW interface is that all the options that let the user chose how to access the wallet are greyed out, other than the one allowing the user to paste in their private key. Furthermore, some browsers flag the tool as a “Deceptive Site.”

The Guarda Wallet team wrote that, analyzing the code, they found out that the private key is not only being processed by the tool, but also being sent to a remote server. According to the Guarda report, Ethereum Nowa “is a way for the thieves to get your private information and gain access to your wallet.”

More at: https://cointelegraph.com/news/two-alleged-ethereum-scam-forks-appropriating-users-private-keys-report-finds
Title: Re: Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Find
Post by: Alcor on January 11, 2019, 09:00:23 PM
About the Ethereum Nowa coin, which supposedly should be separated from Ethereum tomorrow, January 12, many already write that this coin is a fraud, which is confirmed in this topic. Especially because of it almost nothing can be found about its technical characteristics.
However, where is the similar charge also in the direction of the Ethereum Classic Vision (ETCV) coin, which should appear today? These coins are unrelated to each other and have different commands.