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Crypto Scams Exploit Trust: A Growing Threat in Digital Communities
According to Cointelegraph, the digital landscape is witnessing an alarming rise in scams targeting cryptocurrency users and NFT enthusiasts. Last month, crypto user and NFT artist Princess Hypio revealed she lost $170,000 in digital assets after falling victim to a scam on the gaming platform Steam. The scammer, under the guise of playing a game, managed to steal her funds and hack her Discord account. This tactic, known as the “try my game” scam, has been reported in various forms over the years. Kraken’s chief security officer, Nick Percoco, highlighted that these methods are becoming increasingly popular among cybercriminals.
The scam typically involves a hacker infiltrating a Discord server or group, observing user interactions, and gaining trust by feigning interest in their digital assets. Once a target is identified, the hacker invites them to play a game, providing a link to a server embedded with Trojan malware. This malware grants the hacker access to the victim’s device, allowing them to steal personal information and drain connected wallets. In Princess Hypio’s case, the scammer convinced her to download a game on Steam, which was safe, but the hosting server was malicious, resulting in her significant financial loss.
This incident coincides with Discord’s recent update on deceptive practices, emphasizing that financial scams violate their terms of use. Percoco noted that these scams exploit trust rather than code, with attackers impersonating friends to pressure victims into actions they would typically avoid. He stressed that the primary vulnerability in the crypto space is trust, as scammers manipulate community spirit and curiosity to exploit good intentions. Attackers embed themselves within communities, learn the culture, mimic trusted friends, and then execute their schemes.
The “try my game” scam is not confined to the crypto sector. In February, a user reported falling victim to this scam on the Malwarebytes forum, and a Reddit forum in July warned gamers of similar threats. Another individual faced a ransomware demand after being targeted in July. Percoco advised maintaining a healthy skepticism, verifying identities through alternative channels, avoiding unknown software, and remembering that inaction is often safer than risky steps. He cautioned that if something seems rushed, generous, or too good to be true, it likely is.
Beyond Discord scams, Percoco pointed out a more pervasive trend involving fake recruitment campaigns. In June, a North Korea-aligned threat actor targeted crypto job seekers with malware designed to steal passwords for crypto wallets and password managers. While Discord impersonation is on the rise, fake recruitment campaigns are currently the most widespread threat, luring victims with job offers and phishing links.
According to Foresight News, Bitcoin has risen above 109,000 USDT, currently trading at 109,011.80 USDT. The cryptocurrency has experienced a daily increase of 0.70%.
currently I am not doing well at all I do not ask for money nor anything because it blocks the system just give me a like to feel good and know that there is someone who has the strength to cheer me up, I was robbed and lost everything. Have a good day to all the others $BTC #BinancehodlerSOMI #RedSeptember #USNonFarmPayrollReport #TrumpFamilyCrypto #MarketPullback if you can help me with this...
currently I am not doing well at all I do not ask for money nor anything because it blocks the system just give me a like to feel good and know that there is someone who has the strength to cheer me up, I was robbed and lost everything. Have a good day to all the others $BTC #BinancehodlerSOMI #RedSeptember #USNonFarmPayrollReport #TrumpFamilyCrypto #MarketPullback if you can help me with this...
currently I am not doing well at all I do not ask for money nor anything because it blocks the system just give me a like to feel good and know that there is someone who has the strength to cheer me up, I was robbed and lost everything. Have a good day to all the others $BTC #BinancehodlerSOMI #RedSeptember #USNonFarmPayrollReport #TrumpFamilyCrypto #MarketPullback if you can help me with this...
#Bitcoin Watch out for Bitcoin on June 28 at 11:54! Surprising analyst prediction Will Bitcoin fly to $72K? Analyst prediction for the critical week! Bitcoin lost 13 percent of its value over the past two weeks, falling from $72K to $61K. Despite this drop, cryptocurrency analyst Kevin Svenson suggests that Bitcoin could rise to $90,000 if it manages a weekly close above $67K. This is just an analyst prediction, beware of shorting.#Bitcoin Disclaimer: Third party opinions are included. This does not represent financial advice. There may be sponsored content. $BTC
$WLD - price request update: The price is still quite bearish at the moment [HTF]. As you zoom into the H1 view, you are moving towards this wedge pattern. The support zone between $2,500 and $2,450 could be seen again. The bulls must overcome the downtrend. After my last HTF analysis, I feel more bearish at the moment (short term) 📉 The price is very oversold and it is not impossible to see a bullish reversal either. Does it come with a double bottom? 👀#WLD#BTC#DYOR#TradingShot #WLD🔥🔥🔥 $WLD
Responded from a bullish X analysis: $WLD looks like a possible double bottom on H4 TF, but the downside pressure and trend is still quite strong compared to other#alts🚨 IMO you could easily try lower levels. It also broke the main uptrend without any bullish reaction :/ I guess the token supply is pretty bad? It's a risky bet right now. You can find better ones like $FLOKI ; $TIA ;#trestle; #ENJ.... Resume: I recommend being cautious and waiting for the downtrend to break to enter a long position in the WLD/USDT pair. #WLD#CryptoDecision $WLD
#ATTENTION 🚨 Financial alarms are ringing! 🚨 American banks face a staggering $525 billion in unrealized losses, almost seven times more than during the 2008 crisis! 😱 💸This colossal amount exceeds the reserves of the largest banks in the country. Additionally, the#FDICdoes not have enough funds to cover deposits, leaving a gap in financial security. 🏦 🚫Although these losses have not yet been realized, the situation is alarming and could shake the foundations of the banking system. Please stay informed and hopefully quick action will be taken to stabilize this situation. 🌐📉$ETH $BTC $SOL #devcripto
WLD has formed a falling wedge on the daily time frame. It is currently at its support level from where we can expect a perfect bounce. In case of a successful breakout, we will see a big rally✍️🚀
We see that at the beginning of June it was affected in a crucial way and we notice a drastic decline that means that the main investors have withdrawn their investment, but we also note that there is still a degree of confidence and hope in the rise of the wld. . #wld I recommend that you change your wld to usdt and wait for a rise so as not to continue losing assets!
Worldcoin Price Analysis: Is a Major Breakout or Breakout Imminent? #wolrdcoin
We see that there is a big "Low$" of the cryptocurrency in recent weeks, its value is expected to increase in the coming days, according to projections there is not much bullish vision. 3 out of 10 projections show upward behavior.
Worldcoin Price Analysis: Is a Major Breakout or Breakout Imminent?
We see that there is a big "Low$" of the cryptocurrency in recent weeks, its value is expected to increase in the coming days, according to projections there is not much bullish vision. 3 out of 10 projections show upward behavior.$WLD
Worldcoin Price Analysis: Is a Major Breakout or Breakout Imminent? #wolrdcoin
We see that there is a big "Drop" in the cryptocurrency in recent weeks, its value is expected to increase in the coming days, according to projections there is not much bullish vision. 3 out of 10 projections show upward behavior.
any support here 0x2b60d925076378e43da6c09e858d84b32ed0f364 #wld