Ape-themed airdrop phishing scams are on the rise, experts warn

2022.05.04 13:52

Ape-themed airdrop phishing scams are on the rise, experts warn

Cybersecurity experts identified and disclosed the rising popularity of airdrop phishing among crypto and nonfungible token (NFT) scammers.

Airdrops serve as an essential marketing tool for crypto projects, which involves sending free cryptocurrency tokens or NFTs to promote awareness among investors. However, a new report released by Malwarebytes Labs highlighted an alarming rise in airdrop phishing attempts as scammers try to cash in on the hype around Yuga Labs’ BAYC Ape-related NFT collection.

A fake website offering Bull & APE NFT as bait. Source: Malwarebytes LabsA scam account falsely portraying Moonbirds on Twitter (NYSE:TWTR). Source: Twitter

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