Blockchain adventurer's log (BAL)#7

|Scamdrops|

Back when I visited @poocoinapp to track small cap coin, I casually connected my wallet to the website only to witness a total wallet balance of $100K+.
Via the website and wallet's details, I saw the 2 culprits.
"ARKR.org" and "DEX88.net" were pumping my bags by $50K+ each.
Was I richer overnight?
Start off by considering every "free" thing out there as a scam and reverse engineer it.

/Insert DYOR

If you happen to receive any unknown token DO NOT:
- Touch
- Try to exchange
- Try to sell
- Try to transfer

Just hide it.
Burry it deep in your wallet.
Let it rot.
Most of these scamdrops share the same template in their websites
Sadly, there are many people felling victims to these scams.

From @bscscan we can see that ARKR.org and the contract tracker there are many people trying to claim these "$50K" via transfers.
Thankfully, due to excessive reporting, BSCscan has flagged this as a scam "Fake_Phishing96".
WHY?

Phishing

A type of social engineering attack often used to steal user data, including login credentials and credit card numbers. It occurs when an attacker, masquerading as a trusted entity, dupes a victim into opening an email, instant message, or text message.
HOW?

When you approve a tx from their contract via your wallet, you literally authorize a scammer to take all the tokens from your wallet.

DO NOT PUSH THIS!

Stay vigilant!

#Airdrops #Scam #scammers #scamdrop #blockchain #cryptocurrency

Credits to @ShitcoinDetect1

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More from @MrAK_eth

Jan 14,
Blockchain adventurer's log (BAL)#7

|Minting|

In principle, #Minting an NFT will lead to a lower acquiring price.

At the same time, it's a huge bet.

Minting usually comes after a short period after the project's initial online presence.

[1/5]
During this brief period, are you certain that this is the place to go and pour an amount of ~$500?

Have you managed to collect concrete evidence in order to evaluate Team's quality and delivery efficiency?

Most of the time, the answer to this is a big fat NO.

[2/5]
Would you ever splash IRL an amount of $500 to buy something from a stranger?

Another big fat NO (I hope).

Instead, buy yourself more time, blend in with the community and observe. If you see any red flags, seek answers.

Minting = Guessing/gambling (95% of the time)

[3/5]
Read 5 tweets

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