Ronin hackers attempted to phish Euler hackers to steal funds, but Euler officials have called for intervention

On March 22, it was reported that the address marked “Ronin bridge explorer” (Ronin hacker) on the chain yesterday sent an on chain notification to the address marked “Euler explorer” (Euler hacker), requesting it to decrypt an encrypted message. But experts said the message was a phishing scam that attempted to steal credentials from Euler attackers’ wallets. A few minutes after Ronin Hacker Wallet sent a message to Euler Hacker Wallet, the developers of Euler Finance tried to intervene with their own message. They warned Euler hackers to be alert to the so-called decryption software, Says, “The easiest way is to refund the funds. The Euler developer continued in another transaction, ‘Under no circumstances should you attempt to view this message. Do not enter your private key anywhere. Remind you that your machine may also be compromised.'”

Ronin hackers attempted to phish Euler hackers to steal funds, but Euler officials have called for intervention

I. Introduction
– Explanation of the reported incident on March 22
– Background information on Ronin and Euler hackers
II. Ronin Hacker’s Attempt to Phish Euler Hacker’s Wallet
– Detailed account of Ronin Hacker’s on-chain notification to Euler Hacker
– Expert analysis of the phishing scam to steal Euler Hacker’s wallet credentials
III. Euler Finance’s Intervention
– Euler Finance’s response to Ronin Hacker’s message
– Warning to Euler Hacker to not fall for the phishing scam
– Reminder to Euler Hacker to protect their machine from being compromised
IV. How to Protect Yourself from Phishing Scams
– Tips and tricks to avoid falling into phishing scams’ traps
– Explanation of common techniques used by scammers to steal credentials
V. Conclusion
– Summary of the article
– Final thoughts on the incident and the importance of being cautious online

On March 22, Ronin Hacker Attempted to Phish Euler Hacker’s Wallet

On March 22, reports circulated on the blockchain that an encrypted message was sent from Ronin Hacker’s wallet to Euler Hacker’s wallet, requesting decryption. However, experts in the industry have analyzed the message as a phishing scam, meaning that Ronin was attempting to steal Euler’s wallet credentials.
Ronin and Euler hackers are two popular hacker groups in the blockchain community. While Ronin is known as a group that hacks vulnerable wallets and exchanges, Euler specializes in hacking decentralized finance platforms.
When Ronin sent a message to Euler, it signaled a potential feud between the two groups. However, it was quickly revealed that the message was a phishing attempt rather than a legitimate challenge.

Euler Finance Responds to Ronin’s Phishing Scam

Upon learning of the phishing scam, Euler Finance quickly intervened with their own message to Euler Hacker. They advised Euler Hacker to refund any funds as soon as possible, stressing that the easiest way to avoid falling for a phishing scam is to avoid it altogether.
Additionally, Euler Finance warned Euler Hacker to stay vigilant and avoid entering their private key anywhere, as it could lead to compromise. This gesture from Euler Finance manifested their commitment to cybersecurity awareness and their users’ protection, ultimately deterring the risks of similar incidents.

Protect Yourself from Phishing Scams

Phishing scams are quite common in the crypto world. As the Ronin – Euler incident showed, they can come from anywhere, anytime, even in the form of challenges between hacker communities.
To avoid potential losses and damage to personal data, it’s important to be cautious when receiving messages and notifications from unknown senders.
To protect yourself from phishing scams, always verify the source of a message or notification before interacting with it. Additionally, be wary of seemingly lucrative offers and requests to enter your credentials.

Conclusion

In conclusion, phishing scams are a pervasive and constantly evolving threat in the crypto community. It’s essential to stay vigilant, keep your private key secure, and protect your machine from compromise.
As we saw in the case of Ronin and Euler hackers, misleading messages and false challenges can lead to malicious intents. To avoid falling for these scams, always verify the sender’s identity and question anything that seems too good to be true.
Stay safe and secure in the world of blockchain!

FAQs

Q: Can you explain more about how phishing scams work?
A: Phishing scams use various techniques to deceive users into divulging their personal credentials by posing as legitimate entities. These tricks may include rendering messages and notifications claiming a sense of urgency or offering attractive rewards to incentivize taking immediate action.
Q: What is a private key, and why is it essential to protect?
A: A private key in cryptography refers to a piece of information used to decrypt and access a user’s wallet. This information is critical to maintaining security and must be carefully guarded, as compromising a private key can lead to catastrophic losses.
Q: What measures can I take to ensure maximum security for my crypto assets?
A: The best ways to secure your crypto assets are by using multi-factor authentication and cold storage solutions. Furthermore, it is recommended to regularly update your software and access your crypto assets only from devices authorized and explicitly associated with your accounts.