Scam

The post Unstoppable Domains Targeted in Phishing Hoax; Ripple CTO Issues Scam Alert appeared first on Coinpedia Fintech News Crypto-focused cybersecurity experts are warning that Unstoppable Domains, which produces domain service-related Ethereum websites, was the focal point of a phishing hoax.  Ripple’s CTO rounds off the list of threats to the crypto community by pointing out a phishing scam that targets users of the Unstoppable Domain, a major decentralized name service provider.  This is a scam. Links go to scam…

The post Avoid This Costly Mistake: $1M Lost in Crypto Scam Due to Contaminated Address appeared first on Coinpedia Fintech News A victim recently lost $1 million in a crypto scam after copying a contaminated wallet address from their transfer history, according to Web3 anti-scam security company Scam Sniffer. The scam happened when the individual copied the malicious address unknowingly during a transaction. Such incidences are a clear reminder of the need to always scrutinize the addresses rather than copying…

The post Hamster Kombat Dark Secrets: Is the Biggest Airdrop a Scam in Disguise? appeared first on Coinpedia Fintech News Hamster Kombat, a name that has gained a massive traction in the crypto world, promised the biggest airdrop of all time. They’ve always claimed they didn’t need to chase investors for funding, presenting themselves as an independent force in the crypto space. But some stories being unfolded suggest this might not be entirely true. The cracks are starting to show,…

The post Phishing Scam Drains $7. $66 million in Ethereum through an elaborate scam  appeared first on Coinpedia Fintech News  A complex phishing attack has been carried out, resulting in a stolen 2,881 ETH worth of $7. 66 million. As reported by Cyvers alerts, the scam is in the process of pooling the assets and then converting them into Ethereum by swapping against various blockchains. After this, the stolen Ethereum was split and sent to two different wallet addresses. This…

This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied any links with it. Trump-Themed Token Turns Out Fake On Thursday night, a PolitiFi token was surrounded by controversy after it plummeted by over 95%…

On Wednesday, online reports unveiled that hundreds of Ethereum wallets that had been dormant for over 3 years were moving large amounts of ETH. The wallets were believed to have moved $2 billion worth of ETH linked to a $4 billion crypto scam. Investors worried that another massive dump would affect the market’s recovery. However, further details revealed that the initial ETH amount suspected to be moving was considerably smaller. 3-Year-Old Dormant Ethereum Wallets Awaken On-chain tracking firm Lookonchain reported…

The post Sorta Finance Likely Planning Exit Scam on Arbitrum, Warns ZachXBT appeared first on Coinpedia Fintech News A DeFi project known as Sorta Finance based in the Arbitrum network is currently in the eye of the law after being accused of being an exit scam by crypto sleuth ZachXBT.  Community Alert: @Sorta_Finance is likely to exit scam on Arbitrum in the future so do not use the protocol.This scammer has previously stolen $25M+ with scams such as Magnate, Kokomo,…

The post Understanding Trump’s Changing Stance on Bitcoin: From Calling it ‘Scam’ to Attending Nashville Conference appeared first on Coinpedia Fintech News Nashville will soon be in the political spotlight as former President and current Republican nominee Donald Trump is set to visit the city on Saturday. Trump is expected to speak at the country’s largest Bitcoin conference, generating significant excitement in the crypto industry over what he might announce. Former President Trump, who once called Bitcoin a scam, will…

The post Hamster Kombat SCAM? Fans Panic as Game Mysteriously Shuts Down! appeared first on Coinpedia Fintech News Fan Frenzy on Twitter Hamster Kombat has garnered such a massive fan following that when the game failed to open yesterday, fans were in a frenzy on Twitter. Some people were even claiming that the Hamster community had finally been scammed. On the other hand, some thought the project team might be trying to bring a new update. Let’s find out what…