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” Navigating the World of Crypto: Tips for Avoiding Scams “ Despite the belief of many crypto enthusiasts that centralized exchanges (CEXs) are safer, history has often shown them to be rather vulnerable to attacks. Because these exchanges centralize the storage of users’ assets, they can be attractive targets for cybercriminals. If an exchange’s security…
” 5 sneaky tricks crypto phishing scammers used last year: SlowMist “ Blockchain security firm SlowMist has highlighted five common phishing techniques crypto scammers used on victims in 2022, including malicious browser bookmarks, phony sales orders and trojan malware spread on messaging app Discord. It comes after the security firm recorded a total of 303…
” Nifty News: Fake Pokémon NFT game spreads malware, ‘Jai Ho’ singer to launch metaverse and more “ Hackers hide malware in fake NFT game A phishing website purporting to offer a Pokémon-branded nonfungible token (NFT) card game has been spreading malware to unsuspecting gamers, a cybersecurity firm has warned. The website, which at the…
“Teen loses $25,000 after falling for phone scam” A distraught teenager who claims to have been scammed out of $25,000 in a matter of seconds has issued a chilling warning. After scoring her first casual job at 14, Aurora Casilli has been dreaming of the day she would have enough money to buy her very…
” $3.9 billion lost in the cryptocurrency market in 2022: Report “ Immunefi, a bug bounty and security services platform for the Web3 ecosystem, published a report on Jan. 6 revealing that the crypto industry lost a total of 3.9 billion dollars in 2022. According to the report, hacks were found to be the main…
” Magic Eden to refund users after 25 fake NFTs sold due to exploit “ Nonfungible token (NFT) marketplace Magic Eden has pledged to refund all users who were duped into purchasing fake NFTs on its website as a result of an exploit. In a Jan. 4 statement, the company said a bug in its…
” No ‘respite’ for exploits, flash loans or exit scams in 2023: Cybersecurity firm “ The new year is a fresh start for malicious actors in the crypto space and 2023 won’t likely see a slowdown in scams, exploits and hacks, according to CertiK. The blockchain security company told Cointelegraph its expectations for the year…
” $62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK “ Cryptocurrency hackers and exploiters seemingly slowed down for the 2022 holidays as December saw $62.2 million worth of cryptocurrencies stolen, the “lowest monthly figure” of the year, according to CertiK. The blockchain security company on Dec. 31 tweeted a list…
” New year community advice: Check your smart contract approvals “ On the back of the worst year for crypto hacks and exploits, the crypto community has given some advice to newbie investors going into 2023 — check your smart contract approvals and revoke access regularly. Reddit user 4cademy posted their advice to the r/CryptoCurrency subreddit on…
” DeFi sees exploits and exit scam drama in the last week of 2022: Finance Redefined “ Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week. For DeFi, the last week of 2022 saw another slew of exploits,…