Thursday, August 11, 2022
Crypto News
Advertisement
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos
No Result
View All Result
Crypto News
No Result
View All Result
Home Cryptocurrency

Minimum $8.9m in cryptocurrency heist via Youtube Live reported in October

by Crypto News
November 25, 2021
in Cryptocurrency
0
Minimum $8.9m in cryptocurrency heist via Youtube Live reported in October
189
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter


Tenable has warned customers to be alert to faux cryptocurrency giveaways on social media, as faux Bitcoin, Ethereum, Dogecoin, Cardano, Ripple and Shiba Inu giveaways proliferate on YouTube Dwell.

Tenable has calculated that, throughout a subset of YouTube Dwell scams encountered over the past month alone, scammers have stolen at the least $8.9m.

“Scammers are leveraging compromised YouTube accounts to advertise faux cryptocurrency giveaways for Bitcoin, Ethereum, Dogecoin, Cardano, Ripple, Shiba Inu and different cryptocurrencies,” stated Satnam Narang, employees analysis engineer at Tenable. “The Bitcoin scams I monitored obtained $8.2m in stolen funds, for a median quantity of $1.6m per rip-off. Ethereum scams obtained $413k in stolen funds, receiving on common $82,778 per rip-off. Lastly, Shiba Inu scams earned $239k in funds, receiving on common $34,192 per rip-off.”

Scammers know that customers place plenty of belief in influential voices, so that they create faux movies that includes cryptocurrency founders and co-founders, in addition to notable people related to cryptocurrency firms or CEOs of firms who’ve promoted and/or mentioned the acquisition of cryptocurrencies for his or her firm steadiness sheets.

Mixed with the plethora of present interview footage that includes many of those notable figures, scammers have developed a system that provides legitimacy to their efforts and has continued to work for years.

Throughout numerous faux YouTube Dwell movies Satnam has recognized, scammers had been utilizing footage of notable figures together with:

● Michael Saylor, chairman and CEO of MicroStrategy and a fervent supporter of Bitcoin
● Vitalik Buterin, Ethereum co-founder
● Charles Hoskinson, Cardano founder and Ethereum co-founder
● Brad Garlinghouse, CEO of Ripple Labs
● Elon Musk, CEO of Tesla and SpaceX

The widespread thread amongst all of those faux YouTube Dwell streams is that customers are directed to exterior web sites that declare to double a customers’ cryptocurrency, whether or not it’s Bitcoin, Ethereum, Dogecoin, Cardano, Ripple or Shiba Inu.

To assist thwart the efforts of scammers, Satnam presents the next recommendation, “It’s actually vital for customers to be skeptical of YouTube Dwell movies promising giveaways from notable figures equivalent to those above and new people that will emerge sooner or later. By no means ship cryptocurrency to take part in a giveaway, because it’s unlikely to be real, and also you gained’t have the ability to get better your digital cash as soon as it has been despatched. It’s additionally vital for viewers to assist play their half and report these YouTube Dwell movies as there’s an opportunity it’d save somebody from falling sufferer.”

Reporting movies on YouTube will be finished by clicking on the flag icon beneath the video and deciding on the spam or deceptive class and deciding on scams or fraud within the dropdown menu.

Learn: Five steps to win the battle against everyday fraud





Source link

Related articles

Why hackers are able to steal billions of dollars worth of cryptocurrency

Why hackers are able to steal billions of dollars worth of cryptocurrency

August 11, 2022
Bitcoin Above $24,500; Ether, Solana Surge Up To 11%

Bitcoin Above $24,500; Ether, Solana Surge Up To 11%

August 11, 2022
Share76Tweet47

Related Posts

Why hackers are able to steal billions of dollars worth of cryptocurrency

Why hackers are able to steal billions of dollars worth of cryptocurrency

by Crypto News
August 11, 2022
0

Placeholder whereas article actions loadWelcome to The Cybersecurity 202! In the event you’re an everyday reader you might need...

Bitcoin Above $24,500; Ether, Solana Surge Up To 11%

Bitcoin Above $24,500; Ether, Solana Surge Up To 11%

by Crypto News
August 11, 2022
0

Cryptocurrency Costs At the moment: The cryptocurrency market surged after a softer-than-expected inflation report, with Ethereum main the pack....

Cryptocurrency Price Today: Bitcoin Rises Above $23,000 As US Fed Hikes Interest Rates; Ethereum, Dogecoin, Ripple See Major Gains

Bitcoin Price Today Stabilise Cryptocurrency Making Comeback Coinbase Black Rock

by Crypto News
August 11, 2022
0

New York: Bitcoin costs have stabilised across the $23,000 to $24,000 stage after plunging under $20,000 in June, media...

Crypto demand pushes Schwab to launch new ETF despite bitcoin crash

Crypto demand pushes Schwab to launch new ETF despite bitcoin crash

by Crypto News
August 11, 2022
0

Traders have a brand new approach to purchase cryptocurrencies.Schwab Asset Administration launched its Schwab Crypto Thematic ETF (STCE) this...

Cryptocurrency Cosmos Hub’s Price Increases More Than 5% Within 24 hours

Cryptocurrency Cosmos Hub’s Price Increases More Than 5% Within 24 hours

by Crypto News
August 10, 2022
0

Cosmos Hub's ATOM/USD worth has elevated 5.55% over the previous 24 hours to $11.87. Over the previous week, ATOM...

Load More
  • Trending
  • Comments
  • Latest
6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

6 Altcoins to Buy As Crypto Bull Market Gets Crazier: Banking Veteran

November 7, 2021
Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

Tesla To Accept Shiba Inu Coin and will hit $0.1 in 2021!!

November 1, 2021
Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

Bitcoin Mining Noise Drives Neighbors Nuts—a Giant Dentist Drill That Won’t Stop

November 12, 2021
First bitcoin. Then GameStop. Now tiny tungsten cubes

First bitcoin. Then GameStop. Now tiny tungsten cubes

October 29, 2021
5 Hotels Accepting Cryptocurrency as a Payment Method

5 Hotels Accepting Cryptocurrency as a Payment Method

0
Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

Top cryptocurrency prices today: Bitcoin, Dogecoin, Ethereum gain up to 5%

0
Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

Four Emerging Altcoins Soar 101% or More Within Seven Days As Crypto Markets Ignite

0
ADA Price Prediction: Cardano Sits and Waits

ADA Price Prediction: Cardano Sits and Waits

0
Bitcoin and Altcoins Spike as US Inflation Drops

Bitcoin and Altcoins Spike as US Inflation Drops

August 11, 2022

AVAX Holds Steady And Sets Sights On $50 Barrier Breach

August 11, 2022
Ether (ETH) price surges after ethereum completes final testnet merge

Ether (ETH) price surges after ethereum completes final testnet merge

August 11, 2022
Blockchain and Loyalty Program Pioneer Bruce Silcoff Joins

Blockchain and Loyalty Program Pioneer Bruce Silcoff Joins

August 11, 2022

Recent News

Bitcoin and Altcoins Spike as US Inflation Drops

Bitcoin and Altcoins Spike as US Inflation Drops

August 11, 2022

AVAX Holds Steady And Sets Sights On $50 Barrier Breach

August 11, 2022

Categories

  • Altcoin
  • Bitcoin
  • Blockchain
  • Cardano
  • Cryptocurrency
  • Ethereum
  • Ripple
  • Videos

Bitcoin Currency Converter

Cryptocurrency Prices by Coinlib
  • Privacy & Policy
  • About Us
  • Contact Us

© 2021 Copyright Crypto News

No Result
View All Result
  • Home
  • Cryptocurrency
  • Bitcoin
  • Altcoin
  • Cardano
  • Ethereum
  • Blockchain
  • Ripple
  • Videos

© 2021 Copyright Crypto News