Binance Blog published a new article to remind users to be alert to various methods of cryptocurrency fraud. The article pointed out that as the cryptocurrency market becomes more active, scammers are constantly updating their strategies, from phishing, malware to social engineering and technical vulnerability exploitation. Users need to remain vigilant and protect their funds.
The article details common scams such as QR code scams, impersonation in messaging apps, exploitation of blockchain message signatures, clipboard malware, the risks of smart contract approvals, and scams in peer-to-peer transactions. Users can effectively reduce the risk of being scammed by using reputable platforms, enabling two-factor authentication, verifying URLs, and identifying phishing attempts.