With less than 24 hours left until the Ethereum Merge, cybersecurity firm PolySwarm founder Steve Bassi says users should be on the lookout for these 3 scams aimed at robbing you of your ETH.
Scammers are likely to use excitement around the Ethereum Merge to launch new scams aimed at newbie crypto users, PolySwam CEO Steve Bassi has warnedSpeaking to Cointelegraph, Steve Bassi, founder, and CEO of PolySwarm said these scams could come in the form of fake ETH 2.0 tokens, fraudulent mining pools, and fake airdrops.
“Staking is a pretty new concept for most of the crypto community and unless you’ve got 32 ETH lying around you’re going to have to join one of the staking pools to make a yield off your ETH.” “This risk exists today with DeFi platforms/pools and tokens, but the Merge will give scammers a new character universe to work with.”One of the more imminent threats involves scammers attempting to trick users into signing fraudulent transactions or parting with their private keys under the guise of migrating to the new Ethereum chain.
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