{"id":449022,"date":"2022-05-18T19:00:00","date_gmt":"2022-05-18T16:00:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/crypto-giants-co-launch-chainabuse-platform-to-water-down-rising-scams\/"},"modified":"2022-05-18T19:00:00","modified_gmt":"2022-05-18T16:00:00","slug":"crypto-giants-co-launch-chainabuse-platform-to-water-down-rising-scams","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/crypto-giants-co-launch-chainabuse-platform-to-water-down-rising-scams\/","title":{"rendered":"# Crypto giants co-launch Chainabuse platform to water down rising scams"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a26e090e654a\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a26e090e654a\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/crypto-giants-co-launch-chainabuse-platform-to-water-down-rising-scams\/#%E2%80%9D_Crypto_giants_co-launch_Chainabuse_platform_to_water_down_rising_scams_%E2%80%9C\" >&#8221; Crypto giants co-launch Chainabuse platform to water down rising scams &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Crypto_giants_co-launch_Chainabuse_platform_to_water_down_rising_scams_%E2%80%9C\"><\/span>&#8221; Crypto giants co-launch Chainabuse platform to water down rising scams &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvMTI0NTgyN2UtYTZkMS00MTc0LWEwMTMtYWU2ZjBhNzA1MGM1LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-2a0745c6>Seven major crypto companies \u2014 Binance.US, Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic \u2014 joined hands to launch a community-driven scam reporting tool. Named Chainabuse, the tool aims to enable crypto users to issue warnings and discuss ongoing fraudulent activity such as scams and hacks in real-time.\u00a0<\/p>\n<p>Launched on Wednesday, the Chainabuse platform aims to counter the ongoing scams plaguing the crypto ecosystem. On May 4, Cointelegraph warned the community about the rise in Ape-<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">theme<\/a>d airdrop phishing scams. <\/p>\n<p>Chainabuse serves as a one-stop-shop platform for crypto users, victims of financial crimes and crypto businesses to actively report, discuss and issue warnings and ultimately reduce the effectiveness of the scam.<\/p>\n<p>In the announcement, TRM Labs highlighted that crypto companies often issue warnings on <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">social media<\/a> platforms such as Twitter and Discord that are easily missed and difficult to keep track of. However, companies and crypto investors can use Chainabuse\u2019s public forums to upvote, downvote and leave comments to provide additional information about a reported illicit activity.<\/p>\n<p>The free-to-use platform also maintains a database of illicit activities that, in the future, can be used by crypto users to investigate projects before making an investment. Joe McGill, Chainabuse\u2019s chief architect and former U.S. Secret Service and Postal Investigator, called attention to the numerous instances when crypto communities came together \u201cto root out bad actors and help protect each other,\u201d adding:<\/p>\n<blockquote><p>\u201cChainabuse was designed to make it easier for more people to play an active role in advancing that culture.\u201d<\/p><\/blockquote>\n<p>Moreover, all the representatives of the seven crypto companies stressed the importance of safeguarding the interests and people of the crypto community \u2014 pointing out that fear of rug pulls and being hacked hampers the overall adoption of cryptocurrencies. <\/p>\n<p><strong>Related: <\/strong><strong><em>Binance takes legal action against fake billboard ads in Turkey<\/em><\/strong><\/p>\n<p>The Turkish arm of crypto exchange Binance recently took an offensive stance against scammers that were found to be using billboards to advertise fake Binance-branded investment opportunities.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"tr\" dir=\"ltr\">Bir s\u00fcredir T\u00fcrkiye\u2019nin farkl\u0131 b\u00f6lgelerinde a\u015fa\u011f\u0131daki g\u00f6rsele benzer reklam panolar\u0131 g\u00f6ze \u00e7arpmaktad\u0131r.<\/p>\n<p>A\u015fa\u011f\u0131daki g\u00f6rselin <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> ile ilgisi yoktur\u2757\ufe0f<\/p>\n<p>Doland\u0131r\u0131c\u0131l\u0131k faaliyeti i\u00e7inde olduklar\u0131 a\u00e7\u0131k\u00e7a belli olan ki\u015filer hakk\u0131nda gerekli hukuki s\u00fcre\u00e7ler ba\u015flat\u0131lm\u0131\u015ft\u0131r.<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/SAFU?src=hash&amp;ref_src=twsrc%5Etfw\">#SAFU<\/a> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/znvJDLRP7v\">pic.twitter.com\/znvJDLRP7v<\/a><\/p>\n<p>\u2014 Binance T\u00fcrkiye (@Binance_Turkish) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Binance_Turkish\/status\/1523393524393459712?ref_src=twsrc%5Etfw\">May 8, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In the latest warning issued by Binance Turkey, the billboard is shown sporting an advertisement for the \u201cBinance Tourist xchange,\u201d which has no affiliation with the original Binance, founded by Changpeng \u201cCZ\u201d Zhao. On April 15, Binance launched its first 24\/7 customer service center in Turkey as it prepares to expand the service worldwide.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/crypto-giants-co-launch-chainabuse-platform-to-water-down-rising-scams\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Crypto giants co-launch Chainabuse platform to water down rising scams &#8220; Seven major crypto companies \u2014 Binance.US, Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic \u2014 joined hands to launch a community-driven scam reporting tool. Named Chainabuse, the tool aims to enable crypto users to issue warnings and discuss ongoing fraudulent&#8230;<\/p>\n","protected":false},"author":1,"featured_media":449023,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDUvMTI0NTgyN2UtYTZkMS00MTc0LWEwMTMtYWU2ZjBhNzA1MGM1LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[92664,75014,74894,75936,118659,74863,74882,128361,92498,74355,117,73157,70934,71101],"class_list":["post-449022","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-aave","tag-binance","tag-blockchain","tag-circle","tag-civic","tag-cryptocurrencies","tag-hacks","tag-hedera","tag-solana","tag-adoption","tag-business","tag-investigation","tag-regulation","tag-scams"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/449022","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=449022"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/449022\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/449023"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=449022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=449022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=449022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}