Blockstream Warns of Scammers Using Phishing Emails Targeting Users

Blockstream, an infrastructure and {hardware} pockets supplier, issued a warning a couple of new electronic mail phishing marketing campaign trying to focus on Blockstream Jade {hardware} pockets customers.

The corporate confirmed on Friday that it by no means sends firmware information by electronic mail and mentioned that no knowledge has been compromised within the assault.

Phishing assaults are designed to steal crypto and delicate person info by seemingly reliable communication. In response to Blockstream, the e-mail featured a easy message directing customers to obtain the newest model of Blockstream Jade pockets firmware by clicking on a hyperlink, which was malicious.

Phishing scams cost crypto users over $12 million in August and affected over 15,000 victims — a 67% improve from July, according to anti-scam service Rip-off Sniffer.

As phishing campaigns and different crypto scams improve in complexity and variety, crypto customers should train a heightened sense of consciousness and take on-line security measures to guard their funds and delicate info from theft.

Associated: Crypto thefts hit $163M in August as hackers shift strategy

Staying secure amid a rising menace panorama

Crypto customers lost over $3.1 billion attributable to scams and hacks within the first half of 2025, a pointy rise from 2024, in accordance with a report from blockchain safety agency Hacken.

Phishing scams are designed to catch customers off guard by cloaking malicious hyperlinks designed to steal knowledge in messages disguised to seem like they’re from respected crypto corporations.

Usually, this entails a customer support electronic mail despatched to the goal warning of an imminent account closure, theft, cybersecurity breach or another challenge, and demanding a person’s personal keys or passwords to repair the issue.