Apparently, the latest trend spikes in the crypto world is behind the sudden motive to rob crypto traders, investors, and larger establishments of their crypto assets.
Earlier today, an advanced crypto analytic tracker, Whale Alert, reported a cyber scam of a whopping US$16 million.
The information was shared on their official Twitter handle.
🚔 🚔 🚔 A payment of 1,400 #BTC (16,007,157 USD USD) was made to a Confirmed Malware scam!https://t.co/0APLFRVgdk
— Whale Alert (@whale_alert) August 31, 2020
According to the report, the transaction was carried out during the weekend, but the Scam Alert Bot was unable to report it as a result of its high value.
“We are working on a fix. We have decided to post it now because of the importance of this transaction,” they added.
However, moving on, a better method of keeping your crypto safe is the use of propriety smartphone or cold wallets. These tools are specifically designed to keep crypto safe from malware scams and internet hackers.
Hi! I would like to ask if this company is really legit in cryptocurrency mining?
Aya, you would need to be more specific, though if you were talking about Whales Alert like I thought, It has nothing to do with mining.
Whales Alert is just an advanced crypto analytic tracker. All it does is monitor transactions between crypto investors and traders.