Circle warned users about ongoing phishing attacks

Circle, the issuer of the USDC stablecoin, reported phishing attacks in which hackers pose as employees of the Centre consortium and try to lure crypto assets from users.

The scheme is quite simple ― the attackers send letters on behalf of the employees of the Centre consortium, created by Coinbase and Circle, and report “the appearance of a new version of the USDC stablecoin.” In order to exchange old tokens for new ones, users must transfer stablecoins to the address specified by the attackers.

“Warning: there is an active phishing campaign, during which hackers are trying to convince users to transfer USDC to hacker addresses. Scammers pretend to be employees of the Centre. There is no new version of USDC on the market. Don’t fall for it!”, ― Circle representatives wrote.

Note that phishing campaigns have become very popular in recent months. So, phishing attacks on Coinbase, MetaMask, Crypto.Com and KuCoin users have recently been recorded.