Unusual scam targeting Ethereum (ETH) community participants: ETH holders invited to participate in strange referendum
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- No, Vitalik Buterin does not distribute governance tokens
- No, You Can’t Fork Proof-of-Stake Ethereum With Your Crypto Holdings
Today, September 5th, 2022, many Ethereum (ETH) enthusiasts as well as average holders of Ether and ERC-20 tokens recorded a “dust attack” on their wallets. While this method of raising awareness is typical of scam “airdrops,” high-risk schemes and other similar ventures, today’s attack is a special one.
No, Vitalik Buterin does not distribute governance tokens
According to statements from various Crypto Twitter users, today, at around 7:00 PM (UTC), someone started circulating the mysterious ERC-20 token. Investigating suspicious transactions on the Etherscan explorer, people revealed that they had received this token from the wallet of Ethereum (ETH) co-founder Vitalik Buterin.
Meanwhile, checking each transaction on the list, Ethereum (ETH) holders revealed that these transfers were actually initiated from a different address that had nothing to do with Vitalik’s portfolio.
The name of the token included the address of a suspicious website. On this site – which was created two days ago, according to public “Jois” resources – people were invited to take part in a referendum.
The scammers said that each participant in this referendum will receive free Ethereum (ETH) tokens as long as their decision wins:
If your voting decision is selected you will get Ethereum with Voting Power. everyone can vote who got […] Token. Your Token Balance is your Voting Power.
No, You Can’t Fork Proof-of-Stake Ethereum With Your Crypto Holdings
The referendum question was the most interesting part of the scam: the fraudsters asked whether ETH holders supported or opposed Ethereum 2.0.
When pressing the “Agree” or “Disagree” button, the Website requires users to authorize a phishing transaction in their MetaMask Wallet. The distribution of Ether among the “winners” was scheduled for September 25, 2022.
As previously covered by U.Today, Ethereum (ETH) is set to activate the merge update on September 15, 2022. This upgrade will replace the Proof-of-Work Ethereum (ETH) consensus with Proof-of-Stake (PoS). ) One.
Some mining enthusiasts are going to introduce the ETHPoW coin as a fork of the initial Ethereum (ETH) codebase.