E Point Perfect

Circle Warns About Phishing Campaign


article image

Alex Dovbnya

Scammers are trying to trick USD Coin (USDC) users into transferring their tokens to malicious addresses

Circle, the issuer of the USD Coin (USDC) stablecoin, has warned about an active phishing campaign whose organizers are trying to lure users into sending their tokens to malicious addresses.

The fraudsters are pretending to work for Centre, a consortium founded by Coinbase and Circle, claiming that there is a new version of the stablecoin. 

Circle says that all of the messages that are urging users to migrate their tokens are fake. 

USDC is the second-largest stablecoin with a total market cap of  $44.1 billion, according to CoinGecko data.

In a recent letter to Congressional leaders, Circle CEO and founder Jeremy Allaire called for clear U.S. legislation on stablecoins. 


Source link

Related posts

Bitcoin (BTC) Completes “Extremely Rare” Chart Pattern, Peter Brandt Says

Aptos RPC Now Available for Ankr Clients

Shiba Inu (SHIB) Shows Unseen Price Performance

Dogecoin Loses 10th Spot in Crypto Rankings to Polkadot, DOGE Price Remains in Range

Here’s Why Bitcoin May End Q4 in Green Zone

Here’s What Drives SHIB Price up, According to Major SHIB Platform