The most common Wallet #Scams that can empty your #Wallet
Wallet safety tips:
$ 500,000 worth #Bitcoin stolen through crypto drainer!
What is a Crypto Drainer?
It is a phishing tool in the web3 ecosystem. They did not steal the victim's password but instead tricked users into connecting wallets to fake projects and took control of funds.
Here is how you can avoid Crypto Drainers
- Use web3 security extensions like Wallet Guard.
- Store cryptos in offline wallets, and be cautious with online wallet use.
- Verify links and avoid connecting to unfamiliar web3 sites with main wallets.
Stay informed and protect your cryptos!
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$ 71 Million Lost in Address Poisoning Attack 😲
In a recent cryptocurrency scam, a person lost $ 71 million in wrapped bitcoin (WBTC) due to an address poisoning attack.
What is Address poisoning?
Address poisoning involves scammers creating a wallet address that closely mimics the victim’s address.
How It Happened:
- Hackers spam the victim with small transactions from a fake address.
- The victim mistakenly sent funds to the scammer’s address.
Always double-check the entire wallet address while doing transactions.
Be cautious of minor transactions from unknown sources, which may be a setup for this type of scam.
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#AddressPoisoning #scam #crypto
Are you missing out on Free Tokens? Check Your Airdrop Eligibility Now!
Now, using Defillama you can check eligible airdrops for EVM and Solana wallet addresses.
Here is how you can check
- Visit Defillama
- Go to Airdrop
- Click on Check Airdrop for the address
- enter your wallet address and done!
You will see whether you are eligible for any airdrop or not!
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#airdrop #web3
Your crypto is at risk if you have never secured it!
The cryptocurrency landscape is constantly evolving, and the safety of your digital assets is a must!
A recent Certik report reveals that over $ 502 million was lost due to security breaches in the first quarter of 2024 alone! Phishing scams are the most common threat!
Here Is How Can Wallet Guard Help?
- It tests your transactions before you finalise a transaction
- Regular alerts to remove outdated permissions
- Security scans for vulnerabilities
How to Get Started:
- Visit to MetaMask Snaps.
- Install Wallet Guard.
- Connect & secure your wallet via the Wallet Guard dashboard
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#scam #web3 #crypto
Bitcoin's price dropped 8% this week!
What do you think—time to buy or will the price drop more?
Let me know your thoughts!
#Bitcoin #Crypto
Trading for Bitcoin and Ethereum ETFs begins in Hong Kong!
This makes it easier for everyone to get into crypto investing.
#BitcoinETF #EthereumETF #Hongkong
Ever come across the saying, "Buy high, sell low? That's not the right approach, focus on a strategy:
"Buy the dip, HODL to the moon! What does "Buy the dip" mean? It's a popular strategy used by many in the crypto world. It refers to purchasing coins like Bitcoin or Ethereum any other. when their prices have dropped and appear to be at a low point. The idea is to buy at a lower price, hoping that the value will increase again in the future.
If you truly believe in the coin's vision and its long-term potential, buying the dip can be a good strategy to increase your holdings at a lower price.
This content is for educational purposes only and is not intended as financial advice. Always do your research before investing in anything.
#investing #crypto #strategy
It's airdrop season, and MetaMask has a surprise for you!
Now, you can find all your onchain rewards and hottest hashtag#NFT collections in one place.
Check eligibility for hashtag#airdrops and NFTs across the below network and you can claim in one place 🎉
Ethereum
Optimism Foundation
The Arbitrum Foundation
Base
Zora
Polygon Labs
Steps to check
Go to Metamask Portfolio
Explore
Connect your wallet and check your eligibility
And done 🎊
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#metamask #airdrop #web3