Blockstream warned Jade hardware wallet users about a phishing scam that sends fake emails with claims of a firmware 0 company said it never shares firmware through email and confirmed that no user data was 1 posted the alert on X and urged users to watch out for fake 2 company said official firmware updates are onl y on its GitHub page and 3 denies sending firmware update emails Attackers sent fake emails to users of Blockstream’s Jade hardware wallet, pretending to be the company, and announced a new firmware update that even cited version numbers with download 4 looked into the issue and warned users at 5 said their technology is still safe, and the attacks did not compromise any Jade 6 also told users to download its updates only through Blockchain’s official website or GitHub repository because it never sends them out through 7 also advised users on how to protect themselves from similar scams in the 8 said phishing attacks only work because exploiting human behavior is easier than infiltrating devices.
So, users should ignore suspicious messages, even if they look professional, and verify the source through trusted 9 anyone clicks on a link without being 100% sure, just because it looks real, the attacker succeeds, even if the hardware is 10 launched Jade in 2021 for around $65 as an entry-level hardware 11 device was more affordable than most advanced cold storage devices and could compete with products such as Ledger and 12 this reason, attackers knew the easiest way to bypass the device’s protection was by going after the owners 13 scams rise as crypto losses grow Scams and hacks made away with more than $3.1 billion in the first half of 2025, according to security company Hacken, and that figure exceeds the total amount lost in 14 hacks, in which Orbit Bridge lost $305 million to hackers in April or where Kraken was hit for $110 million in June, show that the attacks also target established companies and 15 recently reported by Cryptopolitan , August crypto hacks and exploits increased by 15% from 16 $163 million in digital assets was stolen across 16 17 to PeckShield, the highlights of August hacks included Turkish exchange BtcTurk, token launchpad ODIN.
fun, lending protocol BetterBank, and CrediX 18 firm Cyvers established weird activity involving Ether and other tokens on several blockchain networks in the second week of 19 about 01:20 PM BST, Cyvers’ monitoring systems detected massive Ethereum, Avalanche, Arbitrum, Base, Optimism, Mantle, and Polygon 20 immediately, BtcTurk suspended deposits and withdrawals, telling customers a “technical issue” was affecting its hot 21 told customers that local currency transfers and trading were operating normallu, but did not disclose the total scale of 22 select phishing attacks because all they have to do is outsmart people with emails or direct messages that appear to originate from reputable companies or customer service representatives, even text 23 will even use urgent language to scare people and gain access to their wallets once victims follow their 24 can also create fake websites resembling official crypto platforms and register look-alike addresses with small 25 may swap out letters and numbers in the URL, such as replacing the letter “o” with a zero, or leaving out a single 26 scale at which these attacks are growing shows that security in the crypto industry is also about creating awareness and caution for 27 is because even the most secure platforms cannot protect people if they expose their private keys to 28 up to $30,050 in trading rewards when you join Bybit today
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