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“# 4 tips to avoid phishing attacks ” According to data provided to Cointelegraph by CipherTrace, roughly 85-90% of crypto owners fall prey to common crypto theft schemes, including phishing traps. How can the average crypto user identify and avoid these attacks to prevent the potential loss of funds? Know the source Phishing emails are…
“# Smart contract standards: Making DeFi transactions on Ethereum more secure ” Decentralized finance continues to make its impact on the crypto market, and with over $13 billion of total value of assets locked, DeFi projects are clearly resonating with eager crypto investors. Yet while the DeFi space has been progressing over the last year, a number…
“# Fake Uniswap app on Google Play Store has already lost one user $20,000 ” A fraudulent mobile application claiming to be the Uniswap exchange has reportedly stolen money from an investor, offering an important reminder of the scams that still pervade the nascent cryptocurrency industry. Alex Saunders, founder and CEO of the Australia-based Nuggets…
“# Rapper T.I.’s associates to cough up $100K in FLiK token case with SEC ” Three associates of Clifford Joseph Harris Jr., a rapper also known as T.I. who was responsible for helping launch the FLiK token, have agreed to pay more than $100,000 after a U.S. district court approving a settlement. According to records…
“#Get Ready for Gift Card Scams This Holiday Season ” Photo: smile23 (Shutterstock) The IRS is warning consumers about an uptick in gift card scams, in which scammers pose as a government agent or a bill collector and ask you to pay for a made-up charge with a gift card. Just remember—anyone who insists that…
“# Ledger owners lose 1.1 million XRP to scam site ” Phishing attempts and scams against Ledger wallet owners are on the increase with one such scam netting more than 1,150,000 XRP from its victims. The scam used a phishing email that directed users to a fake version of the Ledger website that substituted a…
“# Binance takes credit for thwarting an attempted exit scam on its blockchain ” Binance announced Wednesday the successful recovery of $344,000 in funds from the attempted exit scam of Wine Swap, a project on the Binance Smart Chain (BNB). Wine Swap was an automated market maker platform similar to Uniswap that launched on Oct….
“#Texting scams are on the rise: report” Scammers are getting serious about texting. Over the past few months, cybercriminals have launched a large-scale “smishing” (SMS-based phishing) campaign, according to a report from cybersecurity firm Digital Shadows. In the samples analyzed by Digital Shadows, the scammers masqueraded as major brands including Amazon, USPS, FedEx, Cash App,…
“# Yearn Finance doppelganger scam tries to trick visitors out of their keys ” Decentralized finance yield farming platform Yearn Finance has a doppelganger that is tricking visitors into sharing the private keys of their cryptocurrency wallets. The scam website of Yearn Finance perfectly copies almost every aspect of the original yearn.finance website down to its…
“# Abramoff-linked crypto firm says SEC has no case against it ” The NAC Foundation has accused the United States Securities and Exchange Commission of misconduct in an ongoing case. According to court documents Oct. 20, Rowland Marcus Andrade and his company NAC Foundation asked a San Francisco federal judge to dismiss the SEC’s June lawsuit alleging…