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RE: Fake News In Cryptocurrency - The MyEtherWallet Hack That Likely NEVER Happened

in #crypto7 years ago (edited)

I agree that people need to vet all info they hear before they believe it as there is a lot of fake news out there now-a-days. That being said I have heard some people say that all you have to do is go to the official sources Twitter (MEW in this case) and see what they have to say and base your opinion on that source and that source alone. The issue with this is twitter accounts can also get hacked so people should be cautious to even trust the most official of sources as even they can sometimes get compromised. As an example of this a nightmare scenario would be something like MEW getting DNS poisoned, and at the same time their official twitter getting hacked saying its FUD and isn't true... this would get a lot of users to fall right into the trap and could potentially get a lot of users to use MEW during a time when it is compromised due to blind trust in the info they are told from the "said-to-be official source". Not saying that is what happened in this case as this does appear to be completely fake, but it is something to keep in mind as I could easily see a scenario like this taking place some time in the future, and if/when it does it could have major negative impacts on the crypto space and peoples trust in general.

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Yeah, very dangerous, and in some circumstances, it might be impossible to mitigate, but hopefully they have backup channels of communication/the ability to go live on YouTube (for example) to make sure people are informed.