Beware: Scammers Targeting Seed Phrases with Deceptive Letters

Scammers Target Ledger Users with Phishing Letters In recent times, scammers have been targeting Ledger users with a new phishing scam that involves sending fraudulent letters to steal recovery seed phrases. This clever tactic preys on unsuspecting individuals who may not be aware of the potential risks associated with sharing sensitive information. Ledger, a popular [...]

The post Beware: Scammers Targeting Seed Phrases with Deceptive Letters appeared first on Crypto Breaking News.

View Details

Solana integrates Web3Auth to lower DApp barrier-to-entry

Web3Auth's technological infrastructure has already been implemented by the likes of Binance Chain, Ubisoft and Rarible across an array of Web3 projects.

View Details

Users will decide if they can still trust Ledger with their seed phrases

Self-custody is important in crypto, and security is essential to self-custody. Ledger, a notable hardware wallet manufacturer, has built its reputation on the secure storage of users’ private keys. Hardware wallets create a secure offline environment for storing keys and using keys to execute transactions. The user’s private keys are generated and stored within the [...]

The post Users will decide if they can still trust Ledger with their seed phrases appeared first on Crypto Breaking News.

View Details

Rising crypto scams lead to $2.3 billion in total losses in 2024

Cybersecurity company Kaspersky revealed that malicious actors have devised a new scam involving seed phrases to target unsuspecting crypto users, according to a Dec. 23 blog post. This sophisticated scheme preys on individuals’ curiosity and dishonesty, leading to financial losses for unsuspecting victims. How the scam works Seed phrases, crucial for recovering access to crypto […]

The post Rising crypto scams lead to $2.3 billion in total losses in 2024 appeared first on CryptoSlate.

View Details