Introduction

There are various types of scams prevalent in different areas, ranging from connecting wallets to phishing links to highly sophisticated PDF scams. Here are some of the most common ones that I'm familiar with:

1.Phishing Scams

Scammers create fake websites or send fraudulent emails that imitate legitimate crypto exchanges or wallets, aiming to trick users into sharing their login credentials or private keys. To stay safe, always verify the website's URL, enable two-factor authentication (2FA), and be cautious of unsolicited emails or links asking for sensitive information.

Here's an example, the official layerzero page is 'https://layerzero.network/' which is the first picture and the scam page which i'm not going to display the link is the second picture. if in an instance you connected ur wallet to the second page, you funds would be withdrew in an instance.

An easy way to combat this , is to install some layer of security, e.g wallet guide. keeping the official links in a notepad would be a wise decision for future references. click here to install https://www.walletguard.app/

2. Twitter Scam

Link would be advertise on twitter as airdrop claim . this can be easily decieful. but another main way this scam occur is that they act like the official page of big crypto project. the first image is the official zksync account. You could see it has a yellow verification badge and much more followers. here's is a link to the account '@zksync'. the second image below is not the offical zksync account. it asked users to claim airdrop. this is a scam, your wallet would be wipped if u connect.

3. Fake Initial Coin Offerings (ICOs)

Scammers create fraudulent Initial Coin Offerings (ICOs), enticing investors to purchase non-existent or worthless tokens. Before participating in an ICO, conduct thorough research on the project, its team, and its reputation. Look for transparent documentation, a viable product or concept, and community engagement. For example, in one instance on Crypto Twitter (CT), more than $10 million was sent to ben.eth for a project called $PSYOP, which ultimately failed. Ben.eth is associated with Bitboy, who lacks good credibility. This alone should serve as a clear warning not to get involved. In another case on CT, people sent money to feyi for a project called $STIMMY, although the actual amount is unknown. However, the project also ended up failing. While this may not appear as a scam, the developer already cashed in on your investment. It is wise to be cautious and involve yourself only with projects that have credibility. Below is the chart for $PSYOP and $STIMMY

4. PDF SCAM

A crypto PDF document scam is a type of phishing attack that uses a PDF file to trick victims into revealing their personal information or cryptocurrency credentials. The PDF file may appear to be legitimate, such as a news article or a financial report, but it will actually contain malicious code that can steal data or install malware on the victim's computer. Here are some ways to avoid crypto PDF document scams:

• Do not open PDF files from unknown senders. If you receive a PDF file from someone you do not know, do not open it. Even if the file appears to be from a legitimate source, such as a financial institution or a cryptocurrency exchange, it could be a scam.
• Scan PDF files for malware before opening them. There are many free online tools that can scan PDF files for malware. If you are unsure whether a PDF file is safe, scan it before opening it. Be careful about clicking links in PDF files.
• some times, when you open the pdf it already too late. hence, use another device where your wallet isn't located to do open it. mostly a mobile device where no account is located.

4.ANDRIOD APPS

Most andriod apps sends data back to the developer. this apps have access to your clip board. this might be really dangerous. for instance, you copy ur seed phrase probably you want to login Intro bitkeep or any other wallet. this seedphrase you just copied is saved into ur clip board. the unknown app sents this data retrieved to the developer and the developer now has ur seedphrase. here are some tips to avoid Android apps that can lead to a hack in your MetaMask:

• Only download apps from trusted sources. The Google Play Store is a safe place to download apps, but there are other sources that are not as secure. Be careful about downloading apps from third-party app stores or websites.
• Check the permissions that an app requests before installing it. Some apps may request permissions that they do not need to function properly. If you see an app requesting permissions that seem unnecessary, be wary of installing it..
• Use a hardware wallet. Hardware wallets are the most secure way to store your cryptocurrency. They are physical devices that store your private keys offline, making them much more difficult to hack.

In conclusion, safeguarding your wallet and staying informed about the latest scams is crucial in the world of cryptocurrencies. By following the tips and strategies outlined in this article, you can enhance your security and protect your hard-earned funds. Remember to exercise caution, conduct thorough research, and only engage with reputable projects and platforms. Stay informed, stay vigilant, and keep your wallet safe in this ever-evolving landscape of digital assets.