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Last Updated: 10/24/2024
in Scam Prevention Advice
The most common crypto scams we encounter on a day-to-day basis include: 1. Pig Butchering Scams -- Pig butchering scams specifically target users that have little to no knowledge of cryptocurrency. The scammer takes a while to build up rapport a...
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A hot wallet is a type of self-custodial wallet whereby the private keys are stored in some form (usually encrypted) on an internet-connected device. Desktop wallet clients and mobile wallet applications are generally both examples of hot wallets ...
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Last Updated: 05/10/2025
in Hacks, Thefts and Phishing
A seed phrase compromise can be avoided 99.5% of the time by following a few simple rules:
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When users realize they've been a victim of a cryptocurrency scam, it is common for them to try and determine if any funds can be recovered. Cryptocurrency transactions can't be reversed once they have been sent and confirmed on the blockchain, ho...
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In order to communicate on-chain with an attacker, you will need a non-compromised cryptocurrency wallet and will need to use a wallet application that supports adding a data string to a transaction; not all wallet applications support this. Wall...
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Crypto wallet is frozen
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A common tactic used by phishing attackers is warn users of an urgent technical issue with their wallet or exchange account that purportedly requires the users' quick action to avoid a loss of funds. In almost all cases, this warning is bogus and...