scamrickwarning

Why do so many people still get scammed in crypto, even in 2025? 🤔
Scammers are becoming smarter, and I believe they always target beginners who are too trusting. The top 5 scams I see today are:

1️⃣ Fake P2P payments (screenshots / fake receipts)

2️⃣ Fake investment groups promising 10x profits

3️⃣ Phishing links asking for your wallet seed phrase

4️⃣ Fake customer support accounts on social media

5️⃣ Rug pulls on new tokens
I was almost trapped in one of these myself, and it made me realize how careful we must be.
lastly

I hope you never ignore red flags. If something looks too good to be true, it probably is. Stay safe, friends. 🙏
#cryptouniverseofficial #ScamRickWarning

Will One Bitcoin Tempt Hackers to Breach Bitcoin’s Defenses?
Called the “Q-Day Prize,” this challenge invites participants from around the world to break a toy version of Bitcoin’s elliptic curve cryptography using Shor’s algorithm on real quantum hardware—without using classical shortcuts. Any individual or legal entity can register online, submit gate-level code, and describe the machine used. The deadline is set for April 5, 2026, after which Project Eleven will publish all submissions for transparency.
Project Eleven, which describes itself as a non-profit organization dedicated to “applied quantum computing for the benefit of humanity,” claims the exercise assesses how urgently the six million bitcoins—worth over half a trillion dollars—need protection before quantum advancements surpass today’s defensive tools. The group notes that more than ten million addresses have already revealed public keys, which could theoretically be exploited the moment a capable quantum computer becomes available.
However, the incentive logic seems strange. If a participant truly breaches Bitcoin’s elliptic curve security, trust in the network could vanish overnight—eliminating the purchasing power of the promised coin. Using current exchange rates, the prize is worth about $84,500, but a successful attack could potentially crash this value to zero—meaning winners might prove a catastrophic point only to receive a practically worthless trophy for their efforts.
Estimates suggest that several thousand logical, error-corrected qubits would be sufficient to break a 256-bit elliptic curve key, which optimists expect within the next decade. Today’s best machines only manage a few hundred noisy qubits, and even tiny demonstrations using four qubits remain a challenge. By offering a BTC prize, Project Eleven hopes to replace speculation with data and nudge hardware manufacturers toward reproducible performance metrics in cryptanalysis.
Recently, cryptocurrency advocates and blockchain developers have been discussing and evaluating post-quantum alternatives for Bitcoin. However, no public attack has yet broken even toy keys using physical qubits, so the Q-Day Prize may primarily serve as a readiness indicator for quantum capabilities. Whether it will spark a breakthrough or fade into trivia, the countdown to April 2026 has already begun for cryptographers.

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⚠️ Kanye West’s YZY Wallet Tied to $21M LIBRA Extraction, Analysts Claim
An on-chain investigation has raised serious questions about the launch of Kanye West’s $YZY token after analysts linked one of its “sniper wallets” to wallets previously involved in the controversial LIBRA token. The finding suggests that a small group of insiders may have pocketed tens of millions of dollars across both launches.
Rapid Gains Raise Eyebrows
The investigation, led by pseudonymous analyst Dethective, found that a wallet tied to the YZY launch managed to scoop up $250,000 worth of tokens at just $0.20 — well below the average price retail traders were paying. Within minutes, the wallet flipped those tokens for more than $1 million in profit, later sending the funds to a central treasury address.
Connections to LIBRA Token Launch
That same treasury wallet, according to Dethective, had also been the destination of funds extracted from the LIBRA launch earlier this year. In that case, two wallets dubbed “Libra snipers” collectively walked away with $21 million. Taken together, nearly $23 million has reportedly been pulled from YZY and LIBRA, with much of it flowing through Binance and Solana-based protocols such as Kamino.
Independent Confirmation by Analysts
Other blockchain analytics groups have backed the claim. Security firm Cyvers confirmed wallet overlaps between the $YZY trades and LIBRA extraction, while Nansen also found ties but stopped short of labeling it insider trading. They noted that while the wallet activity looks coordinated, it isn’t always easy to prove whether the advantage came from privileged information or simply sharp, fast execution.
Early Investors and Memecoin Veterans
Adding intrigue, notorious memecoin trader Naseem, who made millions on the Trump (TRUMP) token, was also spotted as an early YZY buyer. Using a wallet funded from his TRUMP gains, he joined the first wave of YZY purchases. While he claimed it was simply spotting liquidity early, the timing has fueled speculation that YZY’s launch was less organic than marketed.
YZY Token Launch Performance
Despite these red flags, the YZY token exploded on launch day, briefly hitting a $3 billion market cap in just 40 minutes before crashing back to around $1 billion. At press time, YZY trades near $1, down more than 60% from its $3.16 high.
The Vision and the Controversy
Kanye West, who has branded the project as part of a “new economy built on-chain,” insists YZY will serve as the backbone of his planned “YZY Money” system. But with analysts drawing lines between YZY and LIBRA, investors are left weighing whether this is genuine innovation or another repeat of a familiar playbook.
#YZY #KANYEWEST #scam #TrendingTopic #SCAMalerts #scam #ScamRickWarning

⚠️ P2P SCAM ALERT: BEWARE OF A NEW BINANCE P2P SCAM ⚠️
A new and highly dangerous scam is making the rounds on Binance P2P, targeting mostly new and inexperienced users. It’s sophisticated, deceptive, and could result in the loss of both your crypto and fiat money.
Here’s how the scam works — step-by-step
The Scam Process
1. The scammer initiates a P2P buy order
They place an order to buy USDT or another crypto asset from you via Binance P2P.
2. They send the fiat payment to your bank account
You'll receive the payment almost immediately — usually through a bank transfer that looks completely legitimate. It appears in your bank account like any normal transaction.
3. You release the crypto
Seeing the funds in your bank account, you assume the payment is genuine and release the USDT or crypto.
4. The trap is sprung — the scammer reverses the transaction
After receiving the crypto, the scammer contacts their bank and initiates a payment reversal, dispute, or claims unauthorized transaction.
5. You lose both your crypto and your money
The bank may withdraw the credited amount from your account, and the scammer keeps the released crypto. You're left with nothing.
Who’s at Risk?
This scam primarily targets:
New users unfamiliar with P2P best practices
Users in a hurry, eager to complete trades quickly
Anyone trusting a payment notification without confirming it properly
How to Protect Yourself
Follow these key tips to avoid falling victim:
Only trade with verified users
Check the number of completed trades, user reviews, and verification level on Binance P2P before proceeding.
NEVER release crypto based on SMS or screenshots
Scammers can forge screenshots or fake SMS alerts. Always verify payment through your official bank app or website — not just your notification panel.
Watch out for red flags
Offers that seem too good to be true
Buyers who are overly eager or rushing you
Requests to chat outside Binance or share sensitive info
Keep communication on Binance P2P
Never share your personal data, phone number, or banking info outside the Binance platform.
Use the “Appeal” feature if anything seems wrong
If you have doubts or something feels off, don’t release the crypto. Use the Appeal button and let Binance support review the situation.
Final Reminder
One mistake could cost you everything. Stay alert, take your time, and always verify every step before confirming a trade.
Share this alert with your network to help others stay informed and protected.
Stay Safe. Trade Smart. Protect Your Crypto.
#Scam? #scamriskwarning #ScamAwareness #ScalpingTrading #ScamRickWarning