‘Yikes!’ Elon Musk warns users against latest deepfake crypto scam
Deepfakes abound! Crypto scammers produce a deepfake video of Elon Musk’s TED talk to prey on unwitting social media users. Go to Source Powered by WPeMatico
Scams
Auto Added by WPeMatico
NFT owners reminded to be vigilant after 29 Moonbirds were stolen by clicking a bad link
A malicious link netted a scammer $1.5 million worth of Moonbird NFTs from a Proof Collective member. Go to Source Powered by WPeMatico
3 red flags that signal a crypto project may be misleading investors
The challenges faced by Terra, Wonderland and a handful of other DeFi projects exposed the need for investors to do more research and avoid cult personalities. Go to Source Powered by WPeMatico
Crypto giants co-launch Chainabuse platform to water down rising scams
Chainabuse allows crypto users, victims of financial crimes, and crypto businesses to report, discuss and issue warnings actively and ultimately reduce the effectiveness of the scam. Go to Source Powered by WPeMatico
80,000 Bitcoin gone: What’s left in Luna’s reserve wallet?
The Luna Foundation Guard updates the world concerning its crypto-asset reserves and shares a promise to compensate the remaining users of failed stablecoin UST. Go to Source Powered by WPeMatico
NFT scams: How to avoid becoming a victim
What are the most common NFT scams and how can you avoid them? Are the non-fungible tokens still worth the shot? Go to Source Powered by WPeMatico
Terra founder Do Kwon shares plan to save the UST stablecoin peg
Do Kwon, the humbled co-founder of Terraform Labs, has shared a rescue plan for the de-pegged stablecoin UST. Go to Source Powered by WPeMatico
Binance takes legal action against fake billboard ads in Turkey
Trying to cash in on Binance’s popularity in the country, scammers in Turkey have been found to rent numerous billboards to advertise fake Binance-themed opportunities. Go to Source Powered by WPeMatico
Majority of Russia’s Financial Pyramids in Q1 Linked to Crypto, Scammers Exploit Sanctions Topic
Many of the financial pyramids identified in Russia during the first quarter of the year have been associated with cryptocurrencies, a top central bank official has revealed. Fraudsters are actively exploiting the hot topics of the day, including the sanctions theme. Pyramids Offer Russian Investors Ways to Circumvent Western Sanctions Amid growing financial uncertainty, Ponzi … Read more
Bored Ape Yacht Club NFTs stolen in Instagram phishing attack
The phishing attack coincided with the one-year anniversary of BAYC’s launch, leading many users to believe that the link was authentic. Go to Source Powered by WPeMatico