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How cybercriminals are exploiting digital twins to scam crypto users

cryptoweekly by cryptoweekly
May 5, 2025
in bitcoin, News
0

Digital twin technology is being weaponized by cybercriminals to impersonate individuals in the crypto space, but blockchain provides ways to combat these scams.

A digital twin is a virtual model or replica of a physical object, system or process. It’s like a digital mirror, allowing us to simulate, monitor and predict the behavior of real-world entities in real-time. 

These virtual counterparts are designed to pull data from physical sensors or inputs, providing a continuous feedback loop that helps with analysis, optimization and decision-making. Digital twins can represent almost anything, from machinery in a manufacturing plant to human behavior or entire cities.

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Recent Posts
  • Bitcoin price ‘breather’ expected as short-term traders realize $11.6B in profit
  • US House members call for investigation into Trump's memecoin dinner
  • ‘In ‘93, it became clear to me AI should be decentralized’ — Ben Goertzel
  • Crypto, NFTs are a lifeboat in the sinking fiat system: Finance Redefined
  • Price predictions 5/23: BTC, ETH, XRP, BNB, SOL, DOGE, ADA, SUI, HYPE, LINK
  • Bitcoin’s bull market will ‘redefine’ BTC’s role in modern portfolios — Fidelity research
  • Bitcoin price drops 4% as Trump EU tariff talk liquidates over $300M

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