Beware: Crypto Scams are everywhere right now
It is well known that during a panicked state, high brain function stops and we are more vulnerable to scams. The current market dips definitely have an emotional toll and scammers are exploiting its. Scammers are using our weakened states to trick us into accidentally revealing our ethereum wallets and other logins. The most common form of the scam is the usage of fake websites, known as phishing attacks. These websites are malicious and will attempt to steal the keys to your wallet and take ALL of your hard earned crypto currency. For example:
This is a screenshot of a scam trying to disguise a fake website as MyEtherWallet. MyEtherWallet.com is safe, but the thieves managed to make an exact clone. The clone looks EXACTLY the same, but with one key difference, if you input your key and password, it will send that to thief and they will gain complete access to your account.
Beware of the familiar
Many of these attempts use familiar sounding names and use exact replicas of websites. This is why people fall for them EVEN though they have been warned or are vigiliant. Sometimes we are distracted and accidentally click on it, then go through the mechanical motion of logging in with our private key.
"PLEASE NOTE: These links do NOT take you to MyEtherWallet. If you hover over the link it will redirect you to: "myetherwallet.ch, .tech, .com.de, etc." Basically anything other than the official site!"
http://boxmining.com/ethereum-wallet-scams/
Fake emails
Whilst has been warned many times, it takes one time of dropping our guard before getting caught. Many emails are innocent and disguise themselves as warnings or informational articles.
Thanks for the info! I had a CLOSE call with a phishing link when I first started learning about cryptos. I had halfway typed in my private key when I came to my senses :s
This is very valuable information, thankfully we have people like you to keep us on our toes. Thanks, BM!
Its FOMO that makes people prone to making errors. Scams has been around a long time and people who are connected know about these scam because they are warned everywhere, be it government public announcements, company policies and generally know how about online etiquette.
Thank you! I will remember to be more careful.
Yes, thanks for the reminder. Must watch out. WE MUST WATCH OUT!!!!!
I just got scammed while trying to get into a wallet at Bitgo I opened last year and hadn't used since (relatively small amount but it still sucks) I think I clicked a wrong url somehow and landed on a fake page (stupid; I know. I'm still a total newbie at this) I'm surprised how easily they could just send money from my account though. I expected there to be more security-checks.
How secure is Exodus? I'm trying that out now.
You are one of the few YouTubers I genuinely believe in with respect to this space for your views and effort in covering news and deeper understanding of what is exactly going on with the market. Love the positive vibes even when we're in this downturn, perhaps especially when we're in this downturn.
Thanks for the warning
Note taken. Thank you for informing us,alot of people is panicking right now hope they can read this for them to be aware
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