The fake website is actively promoting a fake giveaway of 500,000 USDT while asking users to connect their wallets (such as MetaMask) to claim the rewards.
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The fake website is actively promoting a fake giveaway of 500,000 USDT while asking users to connect their wallets (such as MetaMask) to claim the rewards.
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Kim Grauer, Director of Research at Chainalysis, explains why the amount of crypto stolen in hacks is surging and what could be done to invert this dangerous trend.
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Brands that issue NFTs should hold the greatest responsibility to protect themselves and potential investors from fraud, an NFT security executive suggested.
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Mastercard’s new product allows banks to find and prevent fraud on crypto merchant platforms within its network.
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The hackers behind the attack may have been responsible for breaching India-based crypto exchange CoinDCX’s Twitter account given the similar fake XRP giveaways.
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The AvengerDAO is developed in association with some of the leading blockchain security analytic firms and top DeFi projects in the crypto ecosystem.
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Cointelegraph identified over six Twitter accounts with a “verified” mark that replicates Buterin’s profile picture, name and profile description.
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Regardless of the methods used by scammers to contact potential victims, the FDACS newsletter highlighted five red flags that can help citizens identify and evade possible scams.
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