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When WazirX signatories accessed the multisig wallet, the hackers altered the smart contract controlling it. Once modified in their favor, the attackers gained full control, no longer needing WazirX's keys, and drained all the funds. [5] Before the attack, the crypto exchange stated in its June 2024 proof-of-reserves disclosure that it had ...
An airdrop basically places tokens in your crypto wallet, and a crypto project’s creators may do so to help grow a grassroots network of supporters, says Alan Eschweiler, the chief operating ...
• Fake email addresses - Malicious actors sometimes send from email addresses made to look like an official email address but in fact is missing a letter(s), misspelled, replaces a letter with a lookalike number (e.g. “O” and “0”), or originates from free email services that would not be used for official communications.
Alamy By Herb Weisbaum It's one of the million little things you need to do when you move -- contact the postal service to change your mailing address. Here's where the problem can occur: Many ...
In 2021, losses to crypto scams were 60 times higher than they had been in 2018. “Cryptocurrency can be a fast, convenient, and inexpensive way to pay for products or services, transfer assets ...
A dusting attack or dust attack is an attack on a cryptocurrency wallet that sends tiny amounts of cryptocurrency (known as "dust") to that wallet in order to uncover the identity of the wallet's owner. [1] Information can then be used to obstruct receiving legitimate payments [2] or phishing scams. [1]
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail , if its an official marketing email, or Official Mail , if it's an important account email.
Americans lost $5.6 billion in cryptocurrency scams in 2023, according to a new report released by the FBI on Monday. Scammers use elaborate tactics to assure potential victims that their ...