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Popular crypto wallet My Ether Wallet (MEW) has issued some advice on “How Not to get Scammed & Phished

As we reported yesterday, a DNS attack on the MEW website led to wallets automatically withdrawn to an address which later on moved the funds to different location.

According to multiple reports, the stolen tokens were in the equivalent of at least $150,000 USD.

Below we have included some steps, which you should always consider when creating on accessing your wallet, as advised by MEW.

1 – Makes sure you install EtherAddressLookup or MetaMask. Both addons work well on Chrome Browser and will initiate warnings if the site is not secure for you to use.

2 — If you receive a link to a token sale in your inbox or social media for MEW, Etherdelta, Shapeshift or other cryptocurrency services, do not open it. Such links could lead you to phishing pages that appear identical to the ones you expect to visit. Instead, do your own research on Google and use one of the top results that is not a sponsored/ad page.

3 — Private keys are called “private” for a reason. When asked to enter it for an airdrop be very suspicious. There is no reason for websites to ask for your private keys in order to send you tokens.

4 — Pay attention to the URL of the website you are visiting. There are numerous phishing techniques, some include hard-to-see symbols and misspelt names. For example, a malicious website address may use “Shapshift” as their url to confuse users looking for the Shapeshift service.

5 — If you are dealing with a token or exchange you are not familiar with, a small amount of research on Google and/or Twitter could relieve a large amount of regret later.

6 — Make sure you visit Twitter to double verify the authenticity of the token and/or website. In the case of visiting a verified Twitter page, make sure the handle is correct. There have been attempts by fraudsters to mislead users by purchasing verified accounts and changing the display name to trick you to click on a phishing link.

7 — Etherscan.io is the best way to check an address before you make a transfer. Check the comments left by the public and make sure the people you are about to send money to are legitimate.

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