Photo by Warren Wong on Unsplash\u201cCongratulations, you are one of the active users who are lucky to get 0.5 BTC\u2026\u201d \u2014 spam of this kind, with fake giveaways that ask people to send their BTC or ETH and receive much more crypto coins back, is notorious for having deceived many crypto users. Only in a Twitter hack on 15 July 2020, hackers compromised one hundred thirty high-profile Twitter accounts to tweet out a bitcoin giveaway scam, having stolen more than $100,000 from many victims. According to CipherTrace analysts, fraud constituted 73% of a total crypto crime volume in 2020 (amounted to $1.9 billion). The data also shows that 2020\u2019s hacks were smaller compared to the ones in the previous year. This fact indicates that crypto platforms tightened their security and control systems, and crypto users became more cautious about crypto scams. However, malicious actors may be very innovative when it comes to making someone send them crypto assets, and new forms of sophisticated fraud are regularly disseminated through social media. In this respect, users with unprotected data on their financial situation and identity are particularly vulnerable to cryptocurrency-related frauds. Scam letters can be designed for a specific individual-recipient based on his financial data, which makes it very difficult to spot their sender\u2019s bad intentions.Public, Traceable and Immutably Stored TransactionsA public blockchain stores permanently every single cryptocurrency transaction ever made, allowing everyone to view it. In ledgers of Bitcoin, Ethereum, Ripple, etc., without special permission, everyone can track all transactions of any public address, amounts of the transactions, their date and time, as well as to figure out a balance of a particular address (by adding up all the outputs connected to the address for UTXO-based blockchains).What is unknown to the blockchain is the user\u2019s real name. Instead, in the blockchain,\u2026<\/p>","protected":false},"excerpt":{"rendered":"
Photo by Warren Wong on Unsplash\u201cCongratulations, you are one of the active users who are lucky to get 0.5 BTC\u2026\u201d \u2014 spam of this kind, with [\u2026]<\/span><\/p>","protected":false},"author":0,"featured_media":2796,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3840"}],"collection":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/comments?post=3840"}],"version-history":[{"count":0,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/posts\/3840\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/"}],"wp:attachment":[{"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/media?parent=3840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/categories?post=3840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/afluxcoin.com\/pt\/wp-json\/wp\/v2\/tags?post=3840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}