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7 Common Crypto Scams and How to Avoid Them Ever heard of rug pulls and pig butchering? Be smarter than the scammers and learn how common crypto scams work in detail. 7 Common Crypto Scams and How to Avoid ThemLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYSecurity4 Sep 2022|BEGINNERS|9 MIN READ7 Common Crypto Scams and How to Avoid ThemEver heard of rug pulls and pig butchering? Be smarter than the scammers and learn how common crypto scams work in detail. The US Federal Bur…
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…The scammers may pose as genuine staff, trying to get victims to reveal their login credentials. Regarding policy, service providers generally do not add users to a community group or channel. Instead, users should find the links to official community groups and channels. 4. Only Use Official Websites Here, a hypothetical example of a copycat website tries to resemble the Cronos blockchain website by using similar colour schemes and logos. The scammers try to get the users to provide their cr…
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…The scammers may pose as genuine staff, trying to get victims to reveal their login credentials. Regarding policy, service providers generally do not add users to a community group or channel. Instead, users should find the links to official community groups and channels. 4. Only Use Official Websites Here, a hypothetical example of a copycat website tries to resemble the Cronos blockchain website by using similar colour schemes and logos. The scammers try to get the users to provide their cr…
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…The malware can then steal private keys, monitor keystrokes, or take over the victim’s device, leading to significant financial loss. Below is an official announcement on X by Floki that warns users not to fall for scam airdrop attempts. Impersonation Airdrop Scams Scammers may impersonate well-known figures in the cryptocurrency space or legitimate project teams to promote fake airdrops. They might use hacked or fake social media accounts to announce the airdrop, convincing users to particip…
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…The malware can then steal private keys, monitor keystrokes, or take over the victim’s device, leading to significant financial loss. Below is an official announcement on X by Floki that warns users not to fall for scam airdrop attempts. Impersonation Airdrop Scams Scammers may impersonate well-known figures in the cryptocurrency space or legitimate project teams to promote fake airdrops. They might use hacked or fake social media accounts to announce the airdrop, convincing users to particip…
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…This code is something only you know, and it appears in the email body copy to help identify whether emails that appear to be from us are genuine. In combination with a unique email address, the use of an Anti-Phishing Code ensures that your interaction with Crypto.com remains verifiable, separate from other accounts and services, adding an extra layer of security for your funds. Here’s how to set up Anti-Phishing Codes for your email. Learn more security best practices in this comprehensive…
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…Learn how get-rich-quick crypto scams work, how to spot them, and how to avoid them. Key Takeaways: Scams are deceptive schemes posing as legitimate opportunities aiming to trick individuals into giving away money, personal information, and/or assets.Scammers may impersonate platforms or create fake websites to entice users to invest with unrealistic returns promised.Phishing websites mimic legitimate crypto platforms to steal login credentials.Fake ICOs promise high returns on cryptocurrencie…
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…Learn how get-rich-quick crypto scams work, how to spot them, and how to avoid them. Key Takeaways: Scams are deceptive schemes posing as legitimate opportunities aiming to trick individuals into giving away money, personal information, and/or assets.Scammers may impersonate platforms or create fake websites to entice users to invest with unrealistic returns promised.Phishing websites mimic legitimate crypto platforms to steal login credentials.Fake ICOs promise high returns on cryptocurrencie…
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Understanding AI Scams in Cryptocurrency: Tips to Protect Yourself AI crypto scams, including celebrity deepfakes, voice cloning, and AI phishes, are on the rise. Here’s how to protect yourself. Understanding AI Scams in Cryptocurrency: Tips to Protect YourselfLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYSecurity28 Oct 2024|BEGINNERS|7 MIN READUnderstanding AI Scams in Cryptocurrency: Tips to Protect YourselfAI crypto scams, including celebrity deepfakes, voice cloning, a…
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What Is a Rug Pull and How Does It Work? A rug pull is a term for a scam in the crypto space where traders are left hanging with worthless assets. Here’s how to avoid it. What Is a Rug Pull and How Does It Work?Level UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYSecurity18 Sep 2023|BEGINNERS|7 MIN READWhat Is a Rug Pull and How Does It Work?A rug pull is a term for a scam in the crypto space where traders are left hanging with worthless assets. Here’s how to avoid it. Key Tak…
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