News about SCAMS

News about Scams

Report: Bored Ape Yacht Club Discord Attacker May Have Been Involved in Previous NFT Phishing Scams

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...

Americans lost over $1bn to crypto scams since January 2021

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Crypto Scams Have Swindled At Least $1B From Nearly 50,000 People Since 2021 - FTC

Despite crypto penetrating the masses from Bitcoin ATMs to Super Bowl ads, scams in this sector have been going through the roof because more than $1 billion has been lost since 2021, to a study by the Federal Trade Commission (FTC). Per the repor...

US Regulator: Investors Reported Losing Over $1 Billion in Crypto to Scams Since 2021

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....

Silicon Valley Looses Millions In Crypto Scams Through Dating Websites

Though a virtual asset, crypto has seen different forms of scams and fraud over the years. The crypto industry has been exposed to several tactics through which millions of funds are lost. Even as the space tries to create more hedges to fortify cryp...

More than 46,000 people have lost more than $1 billion to crypto scams since 2021, says FTC

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'Pig slaughtering' crypto scams reap millions on Silicon Valley dating apps

Lonely hearts in Silicon Valley are reportedly falling prey to a wave of “pig slaughtering” crypto scams via dating applications. An investigator for cybersecurity company Sift found that one in 20 people who approached her on dating apps in San Fran...

More Regulation, Less Scams: What the Future of Blockchain Looks Like

Blockchain technology has revolutionized government, finance, insurance, and personal identity security. By 2025, it’s predicted that corporations will be spending $20 billion annually on blockchain technical services. Tech giant IBM is investing mo...

Ethereum (ETH) Wallet With Over 30 Million Users Unveils Partnership To Assist Victims of Crypto Asset Scams - The Daily Hodl

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“Crypto Is 95% Scams And Garbage,” Dogecoin Co-Founder Stated

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Government of Uruguay Presents Campaign Against Crypto Scams

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 seek...

Massive educational project needed to fight hacks and scams

According to a Chainalysis study, scammers took $14 billion in cryptocurrencies in 2021, representing hundreds of thousands - perhaps millions - of victims in a community where every negative experience has a voice in an echo chamber. Unfortunately,...

Needed: A massive education project to fight hacks and scams

The common narrative around the prevailing threats to mainstream adoption of cryptocurrencies is that regulators will put the kibosh on their legality, it has to get much easier for “ordinary” people to use, and the magnitude of its volatility has to...

Beware of the scams!

There is some kind of scam that is targeting Coinbase users going around. I got an email saying my account would be locked and I would lose my funds because "there is a second account with my information" on Coinbase. Whenever you get an em...

Crypto giants co-launch Chainabuse platform to water down rising scams

Seven major crypto companies — Binance.US, Circle, Solana Foundation, The Aave Companies, Hedera, TRM Labs and Civic — joined hands to launch a community-driven scam reporting tool. Named Chainabuse, the tool aims to enable crypto users to issue warn...

Beware of live youtube video scams

Hello everybody I just noticed a new trend (I mean new because I just noticed that now, but this is something that's happening since at least 2017 in cycles). There is some kind of "phishy" YouTube channels pretending to be Tesla, Binan...

Preventing Scams and Frauds, Is It Possible?

Hey everyone, as many of us know, Crypto faces some big barriers when it comes to onboarding new users. I wanted to focus on the typical fears of being scammed or hacked, unreliability, or that Crypto is “being used for criminal transactions” (Especi...

NFT scams: How to avoid becoming a victim

1. When you’re an active NFT trader, you can’t avoid all the scams in the world of nonfungible tokens. The most common NFT scams are phishing, counterfeit NFTs and pump-and-dumps.  The year 2021 was a breakthrough fo...

OpenSea Discord server hacked, users warned to be vigilant of phishing scams

Nonfungible token (NFT) marketplace OpenSea suffered a server breach on its main Discord channel, with hackers posting fake "Youtube partnership" announcements.A screenshot shared Friday shows fake collaboration news, accompanied by a link to a phish...

Ape-themed airdrop phishing scams are on the rise, experts warn

Cybersecurity experts identified and disclosed the rising popularity of airdrop phishing among crypto and nonfungible token (NFT) scammers.Airdrops serve as an essential marketing tool for crypto projects, which involves sending free cryptocurrency t...

Idaho Warns of Crypto Scams Promising 80% Returns Every 24 Hours

The finance department of the U.S. state of Idaho has warned investors of a series of cryptocurrency scams promising returns as high as 80% every 24 hours with no risks to investors. Crypto Scams Promising High Returns The Idaho Department of Finance...

Help point out obvious scams to help others avoid getting scammed if you can

For years now I've been getting added to random scam groups on Telegram and then people post these pics of money counting machines and fake screenshots they made from investing in some scam platform. Usually I just click "Report and Leave&qu...

The Cost of Scams For NFT Marketplaces and Users

The NFT marketplace is flourishing and gaining consumer interest by the day. At the same time, this development also exposes users to new scams, counterfeits, and money laundering schemes. According to a PrivacyHQ survey, half of NFT owners have lost...

Proposed New York Bill Looks to Criminalize Crypto Rug Pulls and Scams