YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
  • Live Prices
  • Crypto News
    • Altcoins
    • Bitcoin
  • Defi News
  • NFT News
  • Blockchain
  • Regulations
  • Trading
  • Scams
No Result
View All Result
YourCryptoNews
No Result
View All Result

Fake Cardano Wallet Phishing for New Bait on App Store

October 14, 2022
in Scams
Reading Time: 2 mins read
A A
Fake Cardano Wallet Phishing for New Bait on App Store
ShareShareShareShareShare

Scams related to crypto wallets are on the rise, and users report a phishing application for mobile devices masquerading as Nami Cardano wallet designed to steal seed phrases and funds.

The fake wallet was found on Apple’s App Store and is still available for download. If a user enters the seed phrase, the app steals the data and sends it to app developers, thereby giving direct access to ADA held on the actual browser-based Nami wallet.

  • For the uninitiated, Nami is a legitimate non-custodial browser extension wallet for the Cardano blockchain.
  • The platform had earlier pinned a tweet clarifying that they do not have a Telegram channel or a web wallet.

“Beware of scams! Nami does not have a telegram channel nor do we have a web wallet. We do ONLY have a chrome extension. Also all support messages here on Twitter are scams and fakes. @NamiWallet is the only official account.”

  • This is a common phishing tactic used by fraudulent entities to pilfer funds from unassuming users by creating fake applications and websites.
  • The scam targeting crypto wallet and gateway services gained significant traction amid crucial network developments such as Cardano’s Vasil hard fork and the Ethereum Merge.
  • Earlier this year, hackers made away with $8 million in an elaborate Uniswap phishing attack.
  • A more recent study showed that phishing attempts related to crypto rose 257% year to year. Approximately 80% of the generic top-level domains (gTLD) reported for phishing were maliciously registered, and crypto wallets were the most targeted brands.
  • The report’s author Dave Piscitello stated,

“Cryptocurrency phishing has skyrocketed, especially attacks involving wallets and exchanges. Phishers are applying attack techniques that they’ve used against other financials to virtual currencies with great effect.”

SPECIAL OFFER (Sponsored)

Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to receive up to $7,000 on your deposits.


Credit: Source link

You might also like

FBI urges caution with cryptocurrency scams on the rise – 9News.com KUSA

Ex-part owner of Minnesota Vikings gets over six years in cryptocurrency scam – MPR News

June 5, 2023
FBI urges caution with cryptocurrency scams on the rise – 9News.com KUSA

Ex-part owner of Vikings gets over six years in cryptocurrency scam – PinalCentral

June 5, 2023

Related Stories

FBI urges caution with cryptocurrency scams on the rise – 9News.com KUSA
Scams

Ex-part owner of Minnesota Vikings gets over six years in cryptocurrency scam – MPR News

June 5, 2023
FBI urges caution with cryptocurrency scams on the rise – 9News.com KUSA
Scams

Ex-part owner of Vikings gets over six years in cryptocurrency scam – PinalCentral

June 5, 2023
FBI urges caution with cryptocurrency scams on the rise – 9News.com KUSA
Scams

Ex-NFL co-owner Reggie Fowler sentenced in crypto shadow bank scam – USA TODAY

June 5, 2023
FBI urges caution with cryptocurrency scams on the rise – 9News.com KUSA
Scams

Ex-part owner of Minnesota Vikings gets over six years in cryptocurrency scam – KTVZ

June 5, 2023
Next Post
Here’s How Much ETH Is Expected To Be Burned Every Year

Here’s How Much ETH Is Expected To Be Burned Every Year

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

National Bank of Georgia Enhances Sanction Monitoring, Includes Virtual Asset Service Providers

National Bank of Georgia Enhances Sanction Monitoring, Includes Virtual Asset Service Providers

June 2, 2023
Circle recommends Central Bank of Ireland adopt public blockchains for consumer protection

Circle to launch USDC natively on Arbitrum

June 1, 2023

Popular Story

    • Contact Us
    • Privacy Policy
    • Terms of Use
    • DMCA

    © 2021 - YourCryptoNews.net - All rights reserved!

    No Result
    View All Result
    • Live Prices
    • Crypto News
      • Altcoins
      • Bitcoin
    • Defi News
    • NFT News
    • Blockchain
    • Regulations
    • Trading
    • Scams

    © 2021 - YourCryptoNews.net - All rights reserved!

    • bitcoinBitcoin (BTC) $ 25,758.00 4.42%
    • ethereumEthereum (ETH) $ 1,813.62 3.33%
    • tetherTether (USDT) $ 1.00 0.15%
    • bnbBNB (BNB) $ 276.86 8.37%
    • usd-coinUSD Coin (USDC) $ 0.999653 0.02%
    • xrpXRP (XRP) $ 0.510114 3.79%
    • staked-etherLido Staked Ether (STETH) $ 1,812.39 3.38%
    • cardanoCardano (ADA) $ 0.351253 6.48%
    • dogecoinDogecoin (DOGE) $ 0.066760 6.72%
    • solanaSolana (SOL) $ 19.94 7.83%
    • matic-networkPolygon (MATIC) $ 0.830749 6.13%
    • tronTRON (TRX) $ 0.078752 2.84%
    • litecoinLitecoin (LTC) $ 87.60 5.54%
    • polkadotPolkadot (DOT) $ 5.06 4%
    • binance-usdBinance USD (BUSD) $ 0.999483 0.06%
    • avalanche-2Avalanche (AVAX) $ 13.95 5.3%
    • shiba-inuShiba Inu (SHIB) $ 0.000008 5.71%
    • daiDai (DAI) $ 0.999750 0.05%
    • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 25,830.00 4.14%
    • uniswapUniswap (UNI) $ 4.72 4.77%
    • leo-tokenLEO Token (LEO) $ 3.51 3.12%
    • chainlinkChainlink (LINK) $ 6.04 5.48%
    • cosmosCosmos Hub (ATOM) $ 9.97 6.97%
    • okbOKB (OKB) $ 44.78 1.59%
    • moneroMonero (XMR) $ 139.94 4.92%
    • the-open-networkToncoin (TON) $ 1.67 3.75%
    • ethereum-classicEthereum Classic (ETC) $ 17.01 5.47%
    • stellarStellar (XLM) $ 0.087996 3.23%
    • bitcoin-cashBitcoin Cash (BCH) $ 109.38 4.53%
    • true-usdTrueUSD (TUSD) $ 0.998986 0.13%
    • lido-daoLido DAO (LDO) $ 2.20 2.47%
    • internet-computerInternet Computer (ICP) $ 4.32 8.39%
    • filecoinFilecoin (FIL) $ 4.22 7.65%
    • quant-networkQuant (QNT) $ 113.24 1.8%
    • aptosAptos (APT) $ 8.05 9.33%
    • hedera-hashgraphHedera (HBAR) $ 0.048770 2.42%
    • crypto-com-chainCronos (CRO) $ 0.058474 3.48%
    • arbitrumArbitrum (ARB) $ 1.14 2.53%
    • nearNEAR Protocol (NEAR) $ 1.50 6.21%
    • vechainVeChain (VET) $ 0.018418 5.67%
    • apecoinApeCoin (APE) $ 2.88 11.22%
    • the-graphThe Graph (GRT) $ 0.115432 6.67%
    • paxos-standardPax Dollar (USDP) $ 0.999472 0.28%
    • fraxFrax (FRAX) $ 0.999094 0.03%
    • algorandAlgorand (ALGO) $ 0.136666 9.27%
    • the-sandboxThe Sandbox (SAND) $ 0.518610 11.4%
    • eosEOS (EOS) $ 0.843942 7.38%
    • elrond-erd-2MultiversX (EGLD) $ 36.17 3.89%
    • rocket-poolRocket Pool (RPL) $ 47.28 4.31%
    • optimismOptimism (OP) $ 1.40 3.23%