Cryptocurrency Hackers Are Stealing from EOS's $4 Billion ICO Using This Sneaky Scam...
http://fortune.com/2018/05/31/cryptocurrency-eos-ico-scam/Scammers have breached an internal system of the company behind the record-setting EOS ICO—and succeeded in tricking the cryptocurrency’s investors out of as much as millions of dollars’ worth of their new money.
The initial coin offering is on track to raise $4 billion—more than double the previous record holder—when the nearly year-long sale of EOS tokens concludes Friday at 7 p.m. ET. The proceeds will fund the development of new blockchain software by a startup called Block.one, co-founded by former actor Brock Pierce.
But while Block.one has sold almost all of its one billion EOS coins to investors, a significant portion of them—along with the cryptocurrency Ethereum often used to purchase EOS—are ending up in the hands of hackers. The thieves are cleverly preying on the acute mix of anticipation and greed that has fueled interest in the blockbuster ICO—such as the promise of free money: Several blockchain companies, including Everipedia, are planning token giveaways, or “airdrops,” to anyone holding EOS coins.
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http://fortune.com/2018/05/31/cryptocurrency-eos-ico-scam/