1. NFTs (Non-Fungible Tokens) are unique digital assets on blockchain networks, providing a new model of ownership and distribution verified using public blockchain. 2. NFT swap order scams involve tricking someone into exchanging their valuable digital item for one of little or no value, often through fraudulent NFT listings or auctions on popular NFT marketplaces. […]
Rug pull scams are a type of online fraud that targets investors in decentralized finance (DeFi) projects or non-fungible tokens (NFTs). The scammers claim to have a legitimate project that offers high returns or unique features, but they secretly plan to abandon the project and take the investors’ money. Rug pull scams are named after […]
Last year was the year for NFT scams, with nearly monthly reported incidents from January to August 2022. The billion-dollar industry has been plagued with increasing reports of discord server hacks, fake airdrops, and phishing links that became rampant between last year and now. How devastating are these hacks? This article explains the NFT discord […]
Non-Fungible Tokens (NFTs) are taking the world of gaming and metaverse. With the number of NFT projects being released every day, it’s almost impossible to keep up with all of them. One strategy is to follow smart money and pay attention to projects that have good utility. According to my research and experience on NFT, […]