1. A recent clever scam attempt involving cryptocurrency was narrowly avoided, saving $20 million.

2. Scammers created addresses with similar starting and ending letters, mimicking legitimate addresses that people often check for in crypto transfers.

3. The scammers sent small transactions to these addresses, making them appear in wallets. When attempting to send to the legitimate address, victims might select the wrong one.

4. A vigilant crypto operator detected the mistake immediately after the transaction, preventing loss, and highlighting the importance of quick reactions in recovering from such scams.

#CryptoScamAwareness

#StayVigilant

#SecureCryptoTransactions

#SAFUcrypto

#AvoidCryptoScams

SAFU in #cryptocurrency Explained:

In crypto, "SAFU" means funds or assets are safe. It's used interchangeably with "Safe" in crypto communities. 🚀

💼 Project Promoters use "SAFU" to assure investors their investments are secure. Investors can also ask each other if a platform is safe. 🛡️

💰 #SAFUcrypto can refer to "Secure Asset Fund for Users" – a fund protecting users' funds. Positive vibes! 😌

⚠️ Caution: Don't blindly trust projects labeled as "SAFU"; some could still be scams. Always research before investing! 🔍

🌟 Origin: CEO ( $BNB ) , Changpeng Zhao, #CZBinance popularized the term by frequently using it in his tweets. #crypto

Examples:
1️⃣ Funds are SAFU
2️⃣ Is the platform SAFU?
3️⃣ KYC and Audit done, 100% SAFU

#Write2Earn #SafetyTips #SAFUcrypto
This is the season farmers will reap the fruit of their labour, but a lot of people will give their money to hackers because of some silly mistakes I am going to mention in this thread.

Let me start by making this clear, the concept of total security when you are only is an illusion

You are only as strong as your weakest link, and with powerful softwares now available to us, the weakest link in our security is us the human, we the users of these technologies.

An antivirus software can only warn you of a virus, but if you with your greed decide to forge ahead, it can't stop you.

Same thing applies to malicious links, your browser can only warn you, but if decide to go ahead.

One of the most recent wallet hacks people have been experiencing recently is what I call wallet address correction,
You paste your wallet address for a transaction or to claim something and immediately you will see the address you pasted just changed to another address, how?

This is mostly common for android and desktop users who download apps from uncertified stores.

Yes, that modded app you downloaded has been watching your keystrokes, they now have most of the passwords you used to log into apps and Dapps, these hackers full time job is to monitor your wallet once anything enters,you like free things right ?

If that app or software is not on the official play store or app store let it slide for the sake of your security.

But we as hunters sometimes we have to alpha and beta apps before release.

And yes, these apps in beta test stages are not put on official play store so what do we do.

Let me introduce you to something called burner
We often use the term "what you can afford to loose" alot in crypto.

You should have a burner phone for such tasks.

And again, we often always way to be the first in whatever we do, but for the sake of your security, you should wait for others to click that link, to connect to that Dapp, to swap that token.

We learn from mistakes, but you don't have to make yourself the scapegoat.