Blockstream has issued a warning about a new phishing scam targeting Jade wallet users with fake software update emails.
Warning About Fake Updates
Blockstream has raised alarms about a fake email campaign targeting users of its Jade hardware wallet. The emails falsely purport to be from Blockstream, offering nonexistent firmware updates.
Users are advised to disregard such emails as no genuine update files are ever sent through email. All official updates are available solely via Blockstream’s website or GitHub.
"We do not send firmware files via email. If you received such an email, do not click any links. Only download Jade updates from blockstream.com or our GitHub." — **Blockstream Official Account**.
Potential Risks to Bitcoin Security
The scam poses a risk to Bitcoin holdings, potentially jeopardizing the assets of unaware users. No direct VC or institutional funds have been reported lost as of the alert.
The situation has sparked discussions on improving user safety protocols. Blockchain security firms emphasize robust scrutiny of email sources and URLs to mitigate risks.
Historical Phishing Scams Targeting Wallet Users
Similar phishing attacks have previously targeted users of Ledger, Trezor, and MetaMask, often causing significant financial losses. The frequency and sophistication of such scams is increasing.
Experts indicate that phishing is contributing to broader economic losses in the crypto sector. Past data suggest losses reaching over **$3.1 billion in H1 2025** due to such malicious activities.
The phishing attack on Jade wallet users highlights the need for increased vigilance and caution when handling emails related to cryptocurrencies. Users are advised to follow official channels for updates and information.
