Recently, about $500 million worth of a cryptocurrency called NEM (XEM) was stolen from Coincheck. In another incident, hackers were able to steal Ethereum worth of around $1 million.
Image source: bitcoinist.com
The hackers were pretending to be a cryptocurrency called Bee Token. The attack was carried out at the same time Bee Token had initiated its Initial Coin Offering (ICO). These phishing attacks were later confirmed by Bee Token's official account on Twitter.
With the rise of cryptocurrencies like Bitcoin which had reached to about $20,000 per coin at the end of 2017, many people have started to join the world of cryptocurrencies, but they need to be aware that there are many hackers and scammers out there who are trying to steal people's money. This has been becoming a growing problem in the field of digital currencies. These people try to target new individuals who do not have much knowledge about cryptocurrencies. Therefore, everyone should be very careful and take precautionary measures to avoid losing their hard earned money.