Ethereum Foundation’s Mailing List Compromised In Phishing Attack

The Ethereum Foundation recently suffered a security breach when a mailing list was compromised. Regarding the incident, lead developer Tim Baiko said: Said The leak was apparently caused by a vulnerability in SendPulse, an email automation service used by the foundation. According to Beiko’s post, the fake emails were sent from the address updates@ethereum.org.

PSA: It appears that the mailing list provider EF uses for “updates@ethereum.org” has been compromised. We are currently contacting @SendPulseCom to try and resolve the issue. Do not click on any links sent from this email. Below is a sample of the fake email you may have received:

Phishing emails typically pose as legitimate emails to trick recipients into divulging sensitive information or clicking malicious links. However, the Ethereum Foundation responded quickly by locking down access to the compromised mailing list to prevent further damage. While the exact details of the phishing attack against SendPulse are unclear, the incident highlights the importance of strong security measures and vigilance against such attempts.

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The Ethereum Foundation assured the community that it is investigating the breach and is working to secure its systems to prevent similar incidents in the future. Additionally, Baiko stressed that subscribers should be wary of suspicious emails claiming to be from the Ethereum Foundation.

Additionally, the report advised users to verify the authenticity of emails by checking the sender’s address and avoid clicking on links or downloading attachments from unknown sources. Additionally, users should enable two-factor authentication. [2FA] Add it to your account for an extra layer of security.

No big Ethereum selloff: Is the Foundation predicting even higher prices?

Meanwhile, IntoTheBlock’s latest analysis took a closer look at USD net inflows from the Ethereum Foundation’s wallet. Historically, during each bull market, the Foundation has strategically conducted large sales, and often these sales coincide almost perfectly with market peaks. In the current cycle, the Ethereum Foundation has yet to conduct a major sell-off.

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This leaves us with two options to consider. First, the lack of significant selling could mean that the foundation is expecting further market growth, suggesting that the peak of the current cycle is still ahead. Alternatively, the foundation could have opted for a new approach, adopting a longer-term holding strategy or a different way of managing assets.

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