Crypto Scams and how investors protect their assets effectively
$7.8 billion is the figure that scammers misappropriated in 2020 via Crypto Scams, according to blockchain data firm Chainalysis’s “Crypto Crime Report 2022” report, published on Wednesday January 6th and it is still increasing in recent times.
Popular Crypto Scams
Poisonous file
Malicious files are usually files containing malicious code that, when we download or activate, can take control of the device, thereby automatically using the device to steal assets and essential information.
Malicious file extensions often have the form of “.exe” because the program can perform access rights when we have installed it.
Fake individuals/groups
This form of Crypto Scams often appears on social networking platforms like Facebook, Telegram, and Twitter. Especially on Telegram because often, investment groups will appear on Telegram quite a lot, and this is also the favorite platform of scam groups. scam because it will be easy to cheat through spoofing big KOLs in the market or large communities in the market
Fake application of cryptocurrency exchanges
One popular fake app for spoofing exchanges is Poloniex, which hackers launched before the business announced its official exchange app. The purpose of the Hacker is to get login information when the user enters the fake application.
Fake Cryptocurrency Wallet Apps
These apps aim to get the user’s wallet password, 12 characters or private
Or they can provide hacker addresses instead of wallet addresses. When users transfer assets from one wallet to another, the assets may be transferred to the Hacker’s wallet, not the wallet’s wallet surname.
How Investors Can Protect Their Cryptocurrencies
Keep track of Wallet Keys
Each user receives only one unique key to access their wallet. Losing your key or having it stolen could mean completely losing your cryptocurrency and not giving it to anyone.
Report fraud
Please report fraud to the electronic exchanges you join as soon as you detect a Crypto Scams for timely resolution.
Finally, you need to prepare yourself with enough knowledge to understand how the market works.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Foxy
Coincu News
Author
Knowledge
Crypto Scams and how investors protect their assets effectively
$7.8 billion is the figure that scammers misappropriated in 2020 via Crypto Scams, according to blockchain data firm Chainalysis’s “Crypto Crime Report 2022” report, published on Wednesday January 6th and it is still increasing in recent times.
Popular Crypto Scams
Poisonous file
Malicious files are usually files containing malicious code that, when we download or activate, can take control of the device, thereby automatically using the device to steal assets and essential information.
Malicious file extensions often have the form of “.exe” because the program can perform access rights when we have installed it.
Fake individuals/groups
This form of Crypto Scams often appears on social networking platforms like Facebook, Telegram, and Twitter. Especially on Telegram because often, investment groups will appear on Telegram quite a lot, and this is also the favorite platform of scam groups. scam because it will be easy to cheat through spoofing big KOLs in the market or large communities in the market
Fake application of cryptocurrency exchanges
One popular fake app for spoofing exchanges is Poloniex, which hackers launched before the business announced its official exchange app. The purpose of the Hacker is to get login information when the user enters the fake application.
Fake Cryptocurrency Wallet Apps
These apps aim to get the user’s wallet password, 12 characters or private
Or they can provide hacker addresses instead of wallet addresses. When users transfer assets from one wallet to another, the assets may be transferred to the Hacker’s wallet, not the wallet’s wallet surname.
How Investors Can Protect Their Cryptocurrencies
Keep track of Wallet Keys
Each user receives only one unique key to access their wallet. Losing your key or having it stolen could mean completely losing your cryptocurrency and not giving it to anyone.
Report fraud
Please report fraud to the electronic exchanges you join as soon as you detect a Crypto Scams for timely resolution.
Finally, you need to prepare yourself with enough knowledge to understand how the market works.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Foxy
Coincu News
Other Posts
Related Posts
Latest
Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns
Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory
Decoding BDAG’s AMA: A Blueprint for Scalable Blockchain and Enhanced Community Ties
Press Release
Why Qubetics, NEAR Protocol, and IMX Are Dominating Crypto: The Best Altcoins to Join Today for Game-Changing Returns
Bonk’s ICO Was Just the Start: Why BTFD Coin’s Stage 7 Price Rollback Is Your Second Shot at Crypto Glory
