Goldmine: in 2018 the revenues from Scam projects on Ethereum doubled

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2019-01-26 23:15:06

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Goldmine: in 2018 the revenues from Scam projects on Ethereum doubled Source:

According to a new report cryptanalytic company Chainalysis, in 2018, the amount stolen through the fraud has reached $ 36 million. The methods of attackers become more sophisticated and more profitable. According to experts, Ethereum has long had the reputation of «digital currency scams». Statistics for 2018 shows a twofold increase compared with 17 million dollars in ETH, stolen in 2017. By the way, despite the reduction in the number of fraudsters, their profits have only increased.

Shows a report from late 2016 until the end of 2018, more than 2,000 fraudulent Ethereum addresses attracted money 40 thousand naive users. Almost 75 of such shares had solely on 2018.

the Profitability of ETH-Scam and the number of victims during the year. Source: Chainalysis

As Cointelegraph writes, the most common types of fraud with the use of ETH are , pyramid schemes, and phishing attacks. The last type of fraud accounts for more than 88 per cent of profit in 2017. The malware infections to steal ETH in the same 2017 used only in 3.8% of cases.

Chainalysis Analysts also point out that in 2018 the methods of criminals have changed slightly. For example, phishing attacks have become much less effective in comparison with previous years.

the Most profitable types of Scam in 2017 and 2018. Source: Chainalysis

While a dishonest owner suffers not only the Ethereum. Not so long ago we wrote about the 36-year-old British hacker who almost six months to the Grand theft token of 11.4 million dollars. More data to search for .

For courses coin watch . For example, today Ethereum is trading at 117 dollars. This is one percent higher than the result of days old. Market capitalization exceeds $ 12.3 billion.

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