In our LATOKEN reviews and other articles, we more than once touched upon the topic of safety when dealing with cryptocurrency. You should be especially careful about crypto scams and avoid becoming a victim of such fraud.
Another cryptocurrency scam? What happened to OpenSea users
In today’s article, we want to tell you about one more crypto scam case that happened recently. According to Bleeping Computer, crypto scammers have found a way to steal non-fungible tokens (NFT) and cryptocurrency from users of the OpenSea marketplace. Crypto scammers on Discord urged users to go to the OpenSea Support Chat, which was not really related to the marketplace.
OpenSea is one of the largest NFT marketplaces that allows you to create your own non-fungible tokens and sell them.
Artist Jeff Nicholas turned to fraudsters for help. The crypto scammers asked Nicholas to turn on screen sharing and then re-sync the MetaMask extension for Google Chrome with the mobile version of the crypto wallet.
The MetaMask wallet is synchronized with the mobile application using a QR code. However, the MetaMask developers warn that the QR code cannot be shown to other users, as they will be able to access the wallet with it.
According to Nicholas, the scammers immediately scanned the QR code and gained access to the wallet. After that, they stole his crypto and NFT tokens and transferred them to their addresses. Nicholas claims that as a result of a phishing attack, crypto scammers stole almost $500,000 from him.
The incident was commented on by the head of the OpenSea product department Nate Chastain. He urged users to be vigilant and only contact the official OpenSea support center.
While the crypto scam situation is gradually improving, you should always remain vigilant when dealing with cryptocurrency and NTF tokens.
How not to become a victim of a crypto scam? Tips from LATOKEN
LATOKEN often writes about crypto scams because it cares about its users, traders, and crypto enthusiasts worldwide.
Would you like to read some advice from LATOKEN on how to avoid becoming a victim of cryptocurrency scams? Here are some of them:
- Never forget to check the domain when you receive emails.
- Install Anti-Phishing code if the platforms you are using support such functionality.
- Set up an IP whitelist for login if possible.
- Always do your research about all the tokens, protocols, and crypto projects.
- Do not invest in recently launched projects with no information about the team.
- Make sure you download all the files from a trusted source.
- Always make regular security updates for your operating system.
- Download applications only from official websites.
By following the tips described above, you will be able to protect yourself and your crypto investing from any cryptocurrency scam. Stay safe!
If you want to learn more about tokens listed on LATOKEN, crypto projects through LATOKEN Review, and tips on avoiding becoming a victim of a crypto scam, follow us on Medium, LATOKEN Blog, or LATOKEN VCTV channels.
LATOKEN is a fast-paced international crypto exchange and IEO platform with 1.3+ million users throughout the world.
LATOKEN brings commerce and banking to blockchain technology to automate transaction processing and save billions of working hours per year. Only one year after its launch, LATOKEN got 850,000+ downloads on Google Play and 1,200,000+ subscribers on social networks. Entrepreneurs and business owners who look for funding can also consider the LATOKEN IEO Launchpad. More than 300 digital assets and 500 crypto pairs are available for traders with the ability to connect using RESTful APIs or WebSocket.
What is more, LATOKEN has recently launched a P2P service for its users to improve the trader experience further. And the cherry on top, LATOKEN hosted the Blockchain Economic Forum last year. BEF Roadshows connect crypto investors with business people to build the next big things.
LATOKEN does not provide investment, tax, legal, or accounting advice. This article is written for informational purposes only. Like many other assets, cryptocurrencies are subject to high market risk. Please trade with caution.