Losing bitcoin: why it’s important to stay vigilant in the crypto space

Losing bitcoin: why it’s important to stay vigilant in the crypto space


After falling victim to a phishing attack, one man has taken to Twitter to give his story in a video that has attracted the attention of many crypto enthusiasts throughout the space.

Eric Savics said he lost 12 bitcoins in the attack which has put a downer on his dream of buying his own apartment. 

After falling victim to a phishing attack, one man has taken to Twitter to give his story in a video that has attracted the attention of many crypto enthusiasts throughout the space. Eric Savics said he lost 12 bitcoins in the attack which has put a downer on his dream of buying his own apartment. Eric posted a video to Twitter in an attempt to get help to recover his lost bitcoin stash from outside sources. He said that his seven year hard work has now been flattened and Eric has further said that he will appeal to whoever stole his Cryptocurrency. He further added in the tweet specifically talking to the thief saying that he wishes they would return a small portion of his portfolio so we can start rebuilding it.

Eric confesses that he isn’t much of a technical person but the attack was allegedly organised through a malicious version of his hardware wallet. Luckily, he is getting a lot of support from the community including the CEO of one of the biggest platforms in the space Binance, CZ. CZ has promised to direct his team to blacklist the address to which the bitcoin was sent as a result of Eric’s woes. Losing cryptocurrency isn't an unusual thing unfortunately for the industry. Many people, especially newcomers, can get roped into fraudulent schemes and hacks/scams such as these. Phishing scams are all too common these days so it’s more important than ever to stay vigilant to keep your crypto safe. It will be interesting to see how this situation plays out. For more news on this and other crypto updates, keep it with CryptoDaily!

Article Produced By
Adrian Barkley

Adrian has been leading teams in the finance sector for over a decade. He is highly experienced, and is responsible for ensuring that the latest news is delivered to you as it is breaking. He has a keen interest in virtual currencies, and has even made investments himself, so is incredibly passionate when it comes to writing about this topic.

https://cryptodaily.co.uk/2020/06/losing-btc-important-space

Related articles

You can’t fix 51 attacks on Bitcoin without adding centralization argues core developer

You can’t fix 51% attacks on Bitcoin without adding centralization, argues core developer                                        The ability to 51% attack Bitcoin indicates that it’s decentralized. It’s impossible to fix this vulnerability without adding centralization, argued Litecoin founder Charlie Lee and Bitcoin Core developer Gregory Maxwell. Characteristic of decentralization Decentralization is one of […]

Learn More

Chinese internet caf cryptojacking ring uncovered 15 arrested

Chinese internet café cryptojacking ring uncovered, 15 arrested                              Chinese authorities have cracked down on a new ingenious cryptojacking scam. 15 individuals have been arrested for a scheme that saw them mine 100 million yuan ($14 million) in cryptocurrency through internet cafes, CCTV reports. The operation, uncovered by the Shigu Branch of the Hengyang Municipal […]

Learn More

Regulators Ready to Approve Ethereum Futures CFTC Insider Says

Regulators Ready to Approve Ethereum Futures, CFTC Insider Says            The Takeaway The CFTC is willing to let an ether futures contract go to market after soliciting market feedback last year A futures contract might bring in fresh institutional funding to the crypto space This, in turn, might reassure retail traders looking at the cryptocurrency […]

Learn More

Leave a Reply

Your email address will not be published. Required fields are marked *