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MoonSafe Audit Shows Some Suspicious Anomalies Resembling Scam

The Defi liquidity project Moonsafe audit shows some weird anomalies that put it in a controversial spot as of late because these anomalies resemble a scam as we can see in our latest crypto news today. An analysis of the MoonSafe code by Obelisk reveals misleading claims about the liquidity provider and how the tokens are secured. The LP tokens are minted and sent to the providers’ addresses as evidence of providing liquidity. They have utility and value and are often used to yield farm so therefore they multiply the gains from the initial act of providing liquidity. However, the…

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Bitcoin Analytics Firm Finds a Clue to Zero In On Twitter Hackers

An active Bitcoin [BTC] malware scam adds two payments of 0.99 and 2.99 BTC taking the total to 7.514 BTC. This amount is about half of what Twitter hackers earned by hacking 36 notable Twitter accounts. Analytics firm reveals new details of the scam cash-out address in Twitter Hack. Malware is a program that runs on a system to exploit the resources of its owner. The programs are installed via downloading or even opening e-mails, through certain websites or infected USD drives. The programs can now infect the system via cryptojacking (unauthorized mining), blocking the PC entirely (ransomware) or modifying or…

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Here’s How to Check If a Bitcoin Address Is a Scam

With the rapid rise in the number of bitcoin scams, there are easy ways to check if a bitcoin address has been reported as being used by scammers, such as in fake bitcoin giveaways. You can also easily report any bitcoin address associated with a scam. Check the ‘Bitcoin Abuse’ Database The number of bitcoin scams has been rapidly rising. Many of them ask people to send bitcoin to the addresses they provide, such as bitcoin giveaway scams that promise to double the amount of bitcoin you send. The great Twitter hack last week, for example, had many high-profile accounts…

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