Phishing sites have become an all-too-common part of the cryptocurrency ecosystem over the past few years. This is because of how difficult it is to prevent phishing in the first place. A new phishing site is targeting EtherDelta users.
Considering how this platform has become pretty popular among cryptocurrency users, such phishing scams could have major consequences over the coming days and weeks.
It is always disconcerting to see new phishing sites coming up in the world of cryptocurrency. The main objective of such sites is to fool users into believing the sites are legitimate and then robbing users of their money, data, or both.
In the case of EtherDelta, some people were convinced that the fake site was the real thing. That is pretty surprising, considering the EtherDelta platform is designed to be fully decentralized and peer-to-peer.