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Scams and hacks involving cryptocurrencies and non-fungible token markets are certainly on the rise in 2025. These scams usually goal unsuspecting people, resulting in monetary losses. Typically, scammers use numerous methods, together with impersonation, pretend emails, phishing hyperlinks, and “rug pulls”. In response to the rising scams, the Federal Bureau of Investigation has stepped as much as assist crypto customers from turning into victims of scams.
FBI Warn NFT Customers Towards NFT Airdrop Scams
Earlier this week, the Federal Bureau of Investigation issued a cautionary alert a couple of new rip-off the place cybercriminals exploit non-fungible token airdrops on the Hedera Hashgraph community to steal crypto from cryptocurrency wallets. Hedera Hashgraph is a public, distributed ledger expertise platform that makes use of a novel knowledge construction referred to as a directed acyclic graph to realize high-performance, safe, and honest consensus.
Based mostly on the FBI announcement, cyber criminals have been defrauding cryptocurrency and non-fungible token customers by way of the non-fungible token airdrop characteristic embedded in non-custodial wallets, which is disguised as free rewards or incentives for Hedera. On this planet of crypto, an airdrop is a advertising and marketing technique the place a crypto undertaking distributes its native tokens or NFT cash to customers, often free of charge, to generate consciousness and encourage participation.
Within the assaults focusing on crypto wallets on the Hedera Hashgraph community, the cybercriminals ship unsolicited NFTs or tokens to customers’ wallets with memos prompting customers to click on on a URL to say their reward. As soon as customers click on the hyperlink, the fraudsters take victims to phishing websites or dApps that ask them to enter delicate info like account passwords and pockets restoration seed phrases. The attackers can then use this delicate info to hijack the sufferer’s wallets and empty them.
How Can Customers Defend Themselves?
To guard themselves from NFT-related scams, the FBI advises them to be cautious of unsolicited hyperlinks, at all times confirm web site URLs earlier than logging in, and allow two-factor authentication. Furthermore, the company urges them to conduct analysis on NFT initiatives, persist with established marketplaces, and keep knowledgeable concerning the newest developments and developments. In the course of the NFT mint or declare, consumer ought to by no means share their passwords, seed phrases, or one-time passwords, except they provoke contact.
Lastly, crypto customers are suggested to usually monitor their cryptocurrency pockets accounts to detect any indicators of unauthorized actions or transactions and suspicious login makes an attempt. Lazarus Group, a famend hacking group related to the North Korean authorities with an extended historical past of focusing on corporations and people inside the crypto and non-fungible token ecosystems, is likely one of the scamming and hacking teams to look at vigilantly in 2025.
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