Published On: Wed, Aug 23rd, 2017

Over $500,000 Stolen in Enigma ICO Hack

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Hackers were able to breach into the landing page and social media accounts of Enigma and nab $500,000 worth of Ethereum from users.
$500K Nabbed from Enigma
The Enigma Catalyst project main idea is to offer a platform that allows users to create their own cryptocurrency hedge funds, by providing valuable investment data and strategies for traders. The blockchain project is being developed by a group of experienced MIT graduates.
Many people are still struggling to invest into cryptocurrencies with fiat, but Enigma is trying to fix that with their platform.

On August 21, the hackers were able to breach the website and social media accounts of the Enigma project. After the hackers managed to get into the social media accounts and emails of the Enigma team, they sent emails and messages urging investors and subscribes to send ethereum and bitcoin to the hackers address.
The official Enigma team released a statement on their twitter account, urging  users not to send any bitcoin or ethereum and to wait for further updates regarding the situation.

IMPT: read the following info from Enigma re: recent scam attempt. Join our Telegram to speak with team admins: https://t.co/SSGIsJ2ZWe pic.twitter.com/ …

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