Binance Warns Crypto Investors of ‘Massive Phishing Scam via SMS’

CEO of Binance, Changpeng Zao has alerted users about a massive SMS phishing scam that is targeted towards Binance users. The scam of the world’s largest cryptocurrency exchange platform is redirecting users to a malicious website to harvest credentials. Changpeng Zhao tweeted on Friday There is a massive Phishing scam via SMS with a link […]

The scam involves sending users a text message with a link to cancel withdrawals, leading users to a fake website designed to harvest their login credentials. Binance CEO Changpeng “CZ” Zhao has alerted the crypto community against a “massive” SMS phishing scam targeting Binance customers.Tweeting on Friday, CZ alerted users of a phishing scam campaign directed at Binance users through SMS.There is a massive Phishing scam via SMS with a link to cancel withdrawals. It leads to a phishing website to harvest your credential as in the screenshot below. NEVER click on links from SMS! Always go....

In a tweet this week, CZ warned that when searching for CoinMarketCap on Google, phishing sites with an “ad” tag were showing up in front of the actual website. Binance CEO Changpeng Zhao (CZ) has warned that Google search results are still promoting crypto phishing and scamming websites. Despite Google’s strict policies on crypto marketing for its ads service, scammers have still been slipping through the cracks over the past few years. At times, scam websites have even been displayed higher than legitimate crypto and blockchain projects. In an Oct. 27 tweet, CZ warned that when searching....

Investors from Pakistan have become victims of a massive fraud using cryptocurrency. The country’s main law enforcement agency has issued a notice to crypto exchange Binance in relation to the scam which resulted in the loss of $100 million dollars for Pakistanis, media reports revealed. Fraudsters Lure Pakistanis to Invest in Cryptocurrency Through Binance Pakistan’s Federal Investigation Agency (FIA) has uncovered a crypto investment scam that has allegedly cost Pakistani citizens some 17.7 billion rupees (around $100 million). Providing details on the case, Imran Riaz,....

Both bitcoin and ether are trading at lower levels after the flash crash of 7 September. Bitcoin saw the biggest fall in value following the collapse of Tuesday. Having traded close to $53,000 the cryptoasset plummeted to as low as $43,000 within 12 hours. The price of BTC has been trading in this range since and this morning sits around $44,700. Ether meanwhile saw a similar selloff, erasing the cryptoasset’s entire/total gains for September. ETH began a run around 1 September that saw it rise from trading levels of around $3,200 to just below $4,000. It is now however back trading around....