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The 2 Most Common Airdrop Phishing Attacks and How Web3 Wallet Owners Can Stay Protected
18.6.2022
In the world of cryptocurrencies, decentralized finance (defi), and Web3, airdrops have become commonplace in the industry. However, while airdrops sound like free money, there’s been a growing trend of airdrop phishing scams that steal people’s money when they attempt to get...
FBI Says LinkedIn Is Being Used for Crypto Scams: Report
17.6.2022
FBI is working with LinkedIn to tackle what it called a "significant threat" after fraudsters exploited the job-seeking and networking platform to lure investors into cryptocurrency schemes before robbing them of their investments, according to a CNBC report
Study: 7.6 Million South Africans Are Crypto Investors, Social Media Main Source of Crypto-Related Information
17.6.2022
About 22% of South Africa’s adult population, or 7.6 million people, are cryptocurrency investors, findings by a study done by Kucoin cryptocurrency exchange have shown. According to the study, 72% of the respondents said they get information concerning particular crypto projects via social...
OpenSea announces new security features to protect users from NFT scams
14.6.2022
The new feature will automatically hide suspicious NFT transfers from view on their marketplace
Consensus 2022: Web3, unpacking regulations, and optimism for crypto’s future
14.6.2022
Despite crypto winter, the conference drew in 17,000 people to discuss the crypto regulatory landscape, Web3 development and the future of digital assets
Illicit crypto usage as a percent of total usage has fallen: Report
14.6.2022
A rapidly growing crypto market means that hacks and scams are accounting for less overall activity, and their percentage of total usage continues to decline
Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams
7.6.2022
On June 4, 2022, the Bored Ape Yacht Club (BAYC) Discord server was compromised and a phishing scam targeted non-fungible token (NFT) collectors holding BAYC, Mutant Ape Yacht Club (MAYC), and Otherside NFTs. According to an analysis by the Web3 and blockchain auditing and security firm Certik,...
CertiK shares security tips following third BAYC security compromise in six months
6.6.2022
According to CertiK, investors should be highly skeptical of free NFT giveaways, as well as small peculiarities in sites they interact with
US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021
5.6.2022
The U.S. Federal Trade Commission (FTC) has revealed that more than 46,000 people have reported losing over $1 billion in cryptocurrency to scams since the beginning of last year. FTC Says Scammers Stole Over $1 Billion in Crypto The U.S. Federal Trade Commission published a “Data...
'Pig slaughtering' crypto scams reap millions on Silicon Valley dating apps
3.6.2022
“I never thought it could happen to me because I use tech. I’ve written software,” a victim of the pig slaughtering scam noted
Aussie consumer group calls for better crypto regs due to ‘lagging laws’
31.5.2022
Australian consumer group CHOICE outlined its crypto regulatory framework in a submission to the country’s Treasury calling for the new federal government to prioritize crypto in its financial services reforms
Hacker tastes own medicine as community gets back stolen NFTs
27.5.2022
The dev partner of the Solana-based NFT game raised the royalty to 98% from the usual 5%, resulting in the scammer listing the 25 stolen NFTs for sale, which were then bought back and returned
Crypto spam increases 4000% in two years: LunarCrush
27.5.2022
Would be owner Elon Musk plans to shake the crypto spammers out of Twitter, disputing their claims that fake accounts only account for 5% of the total
MetaMask Has a Plan to Help Victims of Crypto Scams
26.5.2022
The popular Ethereum wallet has partnered with recovery specialist Asset Reality
‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam
26.5.2022
Deepfakes abound! Crypto scammers produce a deepfake video of Elon Musk's TED talk to prey on unwitting social media users
NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link
25.5.2022
A malicious link netted a scammer $1.5 million worth of Moonbird NFTs from a Proof Collective member
Government of Uruguay Presents Campaign Against Crypto Scams
24.5.2022
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate the population about the most common kinds...
Crypto Firms Launch Community-Powered Scam Reporting Platform ‘Chainabuse’
24.5.2022
Several crypto firms, including Binance and Circle, have launched a new crypto scam reporting platform. The tool “empowers anyone in the crypto economy to warn others about scams, hacks or other fraudulent activity as they encounter it.” New Crypto Scam Reporting Platform Launched...
Needed: A massive education project to fight hacks and scams
21.5.2022
Scams are shattering mainstream confidence in crypto, perhaps irreparably. A large-scale, coordinated education initiative can help ensure that they don’t
3 red flags that signal a crypto project may be misleading investors
20.5.2022
The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities