The freeze comes shortly after Terra’s website was compromised over the weekend by hackers who attempted to scam users via phishing attacks. Layer-1 blockchain Terra has temporarily shut down its website in order to protect users from ongoing phishing scams on the platform. “The terra(dot) money domains have successfully been frozen to prevent further user…
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The account has made multiple posts promising a token giveaway and ushers users to a copycat website to connect their crypto wallet. The X (Twitter) account of crypto-focused venture capital firm Blockchain Capital has seemingly been taken over by scammers attempting to lure users with the promise of a token claim. On Aug. 9, Blockchain…
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Zero transfer scams are becoming prominent in the crypto ecosystem, with over $40 million stolen in 2023. A scammer using zero transfer phishing attack managed to steal $20 million worth of Tether (USDT) on Aug. 1 before getting blacklisted by the stablecoin’s issuer Tether. According to an update from on-chain analytic firm PeckShield, A zero…
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More than 1.3 million crypto-related phishing attacks were stopped in Russia in the first six months of this year, a new report has claimed. Per Plus World, the cybersecurity provider Kaspersky Lab claimed its solutions thwarted the attacks, which the firm thinks are a direct response to a rise in crypto’s popularity in Russia…. Read…
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Crypto wallet drainers, or sweepers, are malicious smart contracts that can quickly empty a crypto wallet of its funds and are a standard tool for phishing scammers. Four major crypto drainers have emerged to fill the vacuum left by the notorious wallet sweeper Monkey Drainer, with thousands of victims targeted and millions in crypto stolen…
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Threads are already seeing potential crypto scammers arrive on the platform as Crypto Twitter personas warn of impersonators on the app. Scammers appear to have wasted no time since the launch of Meta’s new microblogging app — with several high-profile Crypto Twitter users already warning of imposter accounts on Threads. Threads was launched on July…
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A phishing link was included in the tweet and shared with the affected users of the hack, leading them to believe it was associated with the Fantom Foundation. Hackers continue their relentless attacks, displaying no signs of slowing down. Shortly after the Multichain hack, scammers started spreading a phishing link on Twitter. The fraudulent distribution…
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The executive appears to have now recovered his account. Arthur Madrid, co-founder and CEO of metaverse project The Sandbox, was the victim of a Twitter account hack on May 26, according to a post from Madrid that was apparently made after he recovered the account. The attacker allegedly used Madrid’s account to promote a fake…
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Russian cybersecurity and anti-virus provider Kaspersky detected 5,040,520 crypto phishing attacks in the year as compared to 3,596,437 in 2021. When it comes to cryptocurrency-related cyberattacks, bad actors have seemingly reduced the use of traditional financial threats such as banking PC and mobile malware, and instead have shifted their focus to phishing. Russian cybersecurity and…
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The phishing message on Discord offered “the opportunity to re-claim an additional stake in Arbitrum DAO Governance” while citing issues during the initial token claim drive. The crypto community’s warning against fake Arbitrum (ARB) airdrops materialized as hackers managed to drop a phishing link into Arbitrum’s official Discord server. On March 25, blockchain-focused security firm…
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