Cryptocurrency users should be very careful, warns industry leader

Cryptocurrency users should be extra careful as a prominent industry leader warns of a potential new wave of scam emails linked to cryptocurrency drops.

A major mailing list management provider widely used by cryptocurrency companies has reportedly been compromised in a data breach, according to Paolo Ardoino, CEO of Tether.

Arduino warned its 234,000 subscribers in a June 5 message:

“We have now received two independent confirmations that a major vendor used by cryptocurrency companies to manage mailing lists may have been compromised.”

Although Tether’s CEO did not reveal the name of the hacked company, he promised more details once the investigation is complete:

“No names have yet been identified until the investigation is complete, but be wary of any emails indicating receipt of cryptocurrency airdrops 24 hours ago.”

Cointelegraph has contacted Tether for comment.

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Supply Chain Email Hack Confirmed by CoinGecko Co-Founder

Minutes after Arduino’s initial warning, the attack was confirmed by a third company, cryptocurrency tracking site CoinGecko.

The hack affected an encrypted newsletter provider used by many companies, according to Bobby Ong, co-founder and COO of Coingecko.

Ong warned users that CoinGecko could be affected, according to a June 5 post:

“We at CoinGecko are potentially affected and are actively working with our vendors to further investigate to determine the extent of this breach. We have seen phishing emails sent from CoinGecko accounts from other customer accounts. No CoinGecko tokens are planned, so don’t be fooled by phishing emails.

Ong warned users not to click on any links related to the scam CoinGecko token – which was not intended – or any emails promising to launch a new token.

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This is a developing story, and more information will be added as it becomes available.

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