Scammers are exploiting paid advertising on Google Search and social media platforms to promote fake airdrops and other schemes. These ads direct users to convincing replica websites of legitimate crypto projects. Once users connect their wallets to claim “free tokens” or some other offer, the attackers drain their funds. Always verify domains in URLs carefully and access crypto websites directly rather than through ads. Be very careful when searching google for a DeFi protocol and make sure not to click on any sponsored listings.
Be wary of unexpected ERC20 tokens or NFTs appearing in your wallet. Scammers are spamming networks, mass-distributing tokens with hidden malicious code in their smart contracts.
When users attempt to transfer or interact with these tokens, the embedded functions can compromise their wallet security. Never interact with tokens you didn't specifically purchase or request.
These tokens will often have malicious code attached to transfer functions so that when a user signs a transaction to move them out of the wallet it executes the signed code.
If a trading bot claims to generate guaranteed profits, like “$2,000 per day”, it's a scam. These schemes ask users to deploy a trading contract and deposit funds to start earning.
However, the contract contains hidden obfuscated code that lock user funds, allowing only the scammer to withdraw.
Remember: If a trading strategy was truly profitable, developers wouldn't sell it publicly.
A scam targeting blockchain developers involves fake job interviews where candidates are instructed to complete a task or download something.
This is often eased into conversation during an interview or something like that asking them if they know how to fork a github repo and run “npm install” commands.
When the user installs the dependencies it includes malicious code that installs malware or credential harvesters. Never download anything or get involved in these types of tests during interviews, if you have to and you are sure it’s genuine use an isolated development VM.
Here are some tips on how to prevent phishing attacks: https://jamesbachini.com/prevent-phishing/
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