Ethereum

Cryptocurrency

Bitcoin ETF

Bitcoin

<div class="cryptonews">
 <p class="is-style-lead">Loading fake <a rel="noopener noreferrer nofollow" title="wallet" href="https://thebittimes.com/tag/wallet.html">wallet</a> apps on search engines is why many people lose coins.</p>
 <p>According to Bitrace, Telegram often implements malicious backdoors that identify surrogate addresses and cause funds to be sent to malicious addresses.</p>
 <p>The <a rel="noopener noreferrer nofollow" title="reason" href="https://thebittimes.com/tag/reason.html">reason</a> is that the anonymous nature of the blockchain network makes it difficult for ordinary investors and investigators to establish a connection between an on-chain address and a real person. Thereby, they miss the opportunity to freeze losses promptly.</p>
 <blockquote class="wp-block-quote">
  <p>“Investors and investigators need to consider how to perceive threats before risky activity occurs, and monitor and promptly recover losses after they occur.”</p> <cite>Bitrace</cite>
 </blockquote>
 <p>Experts note that various search engines are fertile ground for the proliferation of fake websites. Fraudsters use SEO and SEM to promote phishing links online.</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> How blockchain security experts investigate hacks | Interview
 </div>
 <p>Clipboard hijacking is another classic attack method in which malware takes control of the clipboard on the victim’s computer and turns its contents into malicious content without the victim’s knowledge.</p>
 <p>Cryptocurrency investment scams often use “high returns and low risks” to lure <a rel="noopener noreferrer nofollow" title="users" href="https://thebittimes.com/tag/users.html">users</a> into investing.</p>
 <p>To add credibility to this type of scam, the audience is asked to download well-known software such as OKXweb3 Wallet and Trust Wallet and claims that such activities are supported by institutions such as OKX and Binance.</p>
 <p>In conclusion, experts advised <a rel="noopener noreferrer nofollow" title="users" href="https://thebittimes.com/tag/users.html">users</a> to monitor suspicious transactions to avoid falling for scammers carefully.</p>
 <p>Previously, a report from the startup Immunefi showed that in the third quarter of 2023, the cryptocurrency market suffered losses of $685 million. Compared to 2022, the number of fraudulent schemes decreased by almost 24%. At the same time, the main attack vectors fell on two blockchains: Ethereum (42.7%) and BNB Chain (30.5%).</p>
 <div class="cn-block-related-link">
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"><use xlink:href="#"></use>
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Scammers exploit Bitcoin ETF hype with fake IBTC token
 </div> <span class="google-news-banner__label">Follow Us on Google News</span>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/report-reveals-reason-why-wallet-users-lose-crypto-tbt68298.html">https://thebittimes.com/report-reveals-reason-why-wallet-users-lose-crypto-tbt68298.html</a></p>

Report reveals reason why wallet users lose crypto

TheBitTimes

Andere artikelen gepubliceerd op 30 okt 2023

UN Report Reveals Direct Link Between Bitcoin Prices and Its Carbon Footprint

Binance MENA’s Vision: Navigating Challenges, Embracing Regulation, and Paving the Way for Adoption

Crypto Analyst Presents Uniswap’s UNI As The Next Coin Primed For Breakout

Kraken Set to Share 42,000 Users Data With the IRS

Singapore’s MAS Collaborates with Global Regulators for Cross-Border Digital Currency Development

Solo Miner Strikes Gold: 11 PH/s Power Yields Block Amid Mining Titans

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!