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10 red flags that scream ‘fake airdrop,’ and how to avoid them

cryptoweekly by cryptoweekly
May 26, 2025
in bitcoin, News
0

Fake airdrops are designed to drain users’ funds from their wallets. You need to be well-versed in airdrop scams to protect your crypto wallet.

Key takeaways

In 2024 and 2025, fake airdrop scams targeting Hamster Kombat, Wall Street Pepe and others led to millions in user losses, contributing to over $9.9 billion in global crypto scam damages.

Fake airdrops impersonate legitimate projects, tricking users into revealing private keys, signing malicious contracts or paying upfront fees that lead to irreversible crypto theft.

Read more

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  • 10 red flags that scream ‘fake airdrop,’ and how to avoid them
  • Veteran capital in crypto is shaping South Korea’s elections
  • AI needs better human data, not bigger models
  • How to read Bitcoin candlestick charts (no experience needed)
  • Bitcoin’s new highs may have been driven by Japan bond market crisis
  • Hedera Africa Hackathon launches with $1M prize pool and Web3 focus
  • Strategy bags 4,020 Bitcoin as price briefly breaks $110K

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