Cryptocurrency Warning: CoinDash.io “Token Sale Site Security Breach”
DO NOT SEND FUNDS TO COINDASH.IO TOKEN SALE
Hey Fellow Cryptocurrency Enthusiasts,
Unfortunate scenario I woke up to about the CoinDash.io Token Sale just minutes ago…below is a screenshot of the newsletter I received:
This brings up a major problem happening in the cryptocurrency space that will only hurt our progress toward mainstream commercialization of cryptucurrency and decentralized blockchain technology. The market pulled back $28 billion in the past 7-days. That’s not the sign of a healthy market that we’re looking for — these types of “unfortunate situations” deter investors from putting their money into this exciting and innovative space.
“It seems like our Token Sale page was tempered and the sending address was changed.”
Really? That’s one of the biggest problems with CRYPTOcurrency — so many of these teams do not include prominent leaders within the blockchain/cryptocurrency community or in any community. They put up a front and all of a sudden, we hear about stuff like this happening. This email comes this morning, the day after I emailed the CoinDash team to tell them their bounty portal was not accurately recording my contributions.
In this world of blockchain startups raising massive amounts of money via cryptocurrency ICOs and token sales — be careful where you put your money. Luckily I only put 0.12 ETH ($20ish) into this “Token Sale loss” — a small loss compared to others who have already sent Ethereum.
Hope this helps you save your hard earned money and please give us a follow and a share to help inform other cryptocurrency enthusiasts about this issue and industry news!
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Below are some resources for beginning cryptocurrency enthusiasts or others interested in something new:
- Cryptoversity by Chris Coney — The Online School That Pays You To Learn About Bitcoin, Crypto-currencies and Blockchains
- HitBTC Exchange — major exchange, access ICOs and multi-currencies.
- CoinTracking — Your personal Profit / Loss Portfolio Monitor and Tax Tracker for all Digital Coins
- Changelly — as easy as purchasing cryptocurrency gets — watch the exchange rate.
- CoinMate.io — Bitcoin arbitrage made easy.
- CEX.io — Buy Bitcoin w/ credit card, ACH bank transfer, SEPA transfer, cash, or AstroPay. Credit purchases are instant.
- CoinPayments — Receive payment via 70+ different cryptocurrencies — the crypto-PayPal.
- CoinMama — purchase Bitcoin and Ethereum w/ credit/debit cards & using cash through WesternUnion on their platform.
- Ledger Nano S — multi-cryptocurrency cold hardware wallet supporting Bitcoin forks. Keep your coins safe and offline.
- Binance — 135+ cryptocurrencies with its own token used to pay exchange fees on the platform and give perks to traders on their platform.
- Kucoin — new exchange with its own token used to split exchange fees with holders, daily. Only exchange with NEO trading pairs too.
