Bittime - A case of phishing scam that resulted in huge losses has just occurred. This scam happened to a UBXS Token (UBXS) user. Then, what is the chronology and losses of these users? Read this article to the end to find out!
Chronology of Phishing Scam Events
Digital wallet addresses with the prefix 0x9233 were victims of a phishing scam on BNB Chain. This information was revealed through reports from Paidun monitoring and Peck Shield Alert.
The chronology of this phishing scam begins when users are tempted to access a fake website created by the phisher. The website is designed to resemble the official UBXSToken website so that users are tricked into providing their digital wallet credentials.
The phishing scam perpetrator then uses this information to access the user's digital wallet and transfer all the UBXS Tokens in it. This transfer transaction is recorded on the BNB Chain blockchain.
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Impact and Losses of Phishing Scam
The victim lost 425,000 UBXS Tokens due to this phishing scam. The value of the token is equivalent to USD 116,000, which is not a small amount for cryptocurrency investors.
This incident also had a negative impact on the reputation of UBXS Token and the BNB Chain platform. When this article was written, the value of the UBXS token had fallen by 2.07%, and was trading at $0.2597.
Phishing Scam Prevention Efforts
To avoid becoming a phishing scam, here are some preventive steps you can take.
- Always be alert and thorough: Don't be easily tempted to access unknown links or websites. Always check the website address carefully before entering any personal information or credentials.
- Use trusted antivirus and antimalware: Antivirus and antimalware can help detect and prevent access to phishing websites.
- Enable two-factor authentication (2FA): 2FA adds an additional layer of security to accounts by requiring additional verification codes when logging in or making transactions.
- Store personal information and credentials securely: Never share personal information or credentials with others, including via email, SMS, or social media platforms.
- Report a case of phishing scam: If you fall victim to a phishing scam, immediately report it to the relevant authorities or platform.
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Always be alert and careful
The case of phishing fraud on BNBChain is an important reminder for cryptocurrency users to always be alert and careful in transactions. By following appropriate preventive measures, you can minimize the risk of becoming a victim of fraud and maintain the security of your digital assets.
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How to Buy Crypto with Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
What is Spear Phishing and How to Avoid It
Get to know about Phone Phishing and Steps to Prevent it
Alert! Telegram Account Hacking Via Dangerous Phishing Links
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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