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Hacker Steals $475,000 Worth of Ethereum After Breaching Enigma Project

Hacker Steals $475,000 Worth of Ethereum After Breaching Enigma Project

Loud Sound From Fire Alarm System Shuts Down Nasdaq's Scandinavian Data CenterInternet Explorer Zero-Day Exploited in the Wild by APT GroupTwitter Bans Kaspersky From Advertising on the Platform Citing DHS BanThe Week in Ransomware - April 20th 2018 - Reveton Charges, GandCrab, and MoreAre WiFi Network Names Protected by the First Amendment?SunTrust Bank Says Former Employee Stole Details on 1.5 Million CustomersThe Week in Ransomware - April 20th 2018 - Reveton Charges, GandCrab, and MoreTwitter Bans Kaspersky From Advertising on the Platform Citing DHS BanSkype ClassicGPU-ZInsaneCrypt (desuCrypt) DecrypterGIBON Ransomware DecryptorAdwCleanerComboFixRKillJunkware Removal ToolRemove the Stabers.club Search RedirectRemove TheSearch Chrome ExtensionHow to Remove Hqfok.com Browser RedirectsRemove the Relieve Stress Paint TrojanRemove Security Tool and SecurityTool (Uninstall Guide)How to remove Antivirus 2009 (Uninstall Instructions)How to Remove WinFixer / Virtumonde / Msevents / Trojan.vundoHow to remove Google Redirects or the TDSS, TDL3, or Alureon rootkit using TDSSKillerLocky Ransomware Information, Help Guide, and FAQCryptoLocker Ransomware Information Guide and FAQCryptorBit and HowDecrypt Information Guide and FAQCryptoDefense and How_Decrypt Ransomware Information Guide and FAQHow to Use Cortana As Your Virtual Assistant in WindowsRestrict What Personal Data Is Shared on the Facebook API PlatformHow to Delete Your Facebook AccountHow to Deactivate a Facebook AccountHow to start Windows in Safe ModeHow to remove a Trojan, Virus, Worm, or other MalwareHow to show hidden files in Windows 7How to see hidden files in WindowseLearningIT Certification CoursesGear + GadgetsSecurityAn unidentified hacker (or hackers) has taken control of the Enigma Project website, Slack channel, and mailing list, and tricked users into sending funds to a wrong Ethereum account.The hack took place during the company's ICO. An ICO (Initial Coin Offering) is similar to a classic IPO (Initial Public Offering), but instead of stocks in a company, buyers get tokens in an online platform. Users can keep tokens until the issuing company decides to buy them back, or they can sell the tokens to other users for Ethereum.During the last few days, Enigma was holding an ICO pre-sale in preparation for the main token sale, set for September 11.The hacker took over the Enigma Project website yesterday and replaced the Ethereum pre-sale address where users had to send money to buy their ICO tokens.The attacker also gained access to the company's mailing list and sent out emails to some of Enigma's mailing list subscribers. A copy of this email is available below.In addition, the hacker also appears to have compromised the account of a Slack admin and used this access to send messages to users via the company's official Slack channel, urging users to visit the compromised site and buy tokens in the ongoing pre-sale event.A copy of the message is available below, and appears to belong to Guy Zyskind, the Enigma Project's CEO.The company tried to warn users about the hack via Twitter, Facebook, and a message on its site. Users also tried to warn each other on Twitter, Reddit, and personal blogs [1, 2, 3].Hours later, the company's IT staff managed to regain access over the hacker servers. In a statement on Twitter, the Enigma Project admitted the hack.IMPT: read the following info from Enigma re: recent scam attempt. Join our Telegram to speak with team admins: https://t.co/SSGIsJ2ZWe pic.twitter.com/mM5mcaAzqGA similar incident happened to CoinDash in mid-July. A hacker hijacked its website during its ICO and replaced the token sale Ethereum address. Hackers stole over $7 million from CoinDash ICO participants.For the Enigma Project hack, the attackers used the following Ethereum address, currently holding 1,487.9 Ethereum, which is just over $475,000 at today's exchange rate.In the end, CoinDash agreed to issue tokens to almost all the persons who sent money to the hacker's wallet. Enigma has not published any information about how it intends to handle the hack's aftermath.Ethereum Cryptocurrency Forum Suffers Data BreachHacker Returns $26 Million Worth of Ethereum Back to Hacked Company81% of Recent ICOs Were Scams, Research FindsGoogle Bans Cryptocurrency-Related AdsHackers, Not Users, Lose Money in Attempted Cryptocurrency Exchange HeistNot a member yet? Register NowLoud Sound From Fire Alarm System Shuts Down Nasdaq's Scandinavian Data CenterAre WiFi Network Names Protected by the First Amendment?To receive periodic updates and news from BleepingComputer, please use the form below. User Agreement - Privacy PolicyCopyright @ 2003 - 2018 Bleeping Computer LLC - All Rights ReservedNot a member yet? Register NowLearn more about what is not allowed to be posted.

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date of publication icon 21 Aug 2017 icon of time needed to read the article 2 min read
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