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October 31, 2024

Podcast Scams Are Getting Out of Hand

Podcast Scams Are Getting Out of Hand

Seems like every day there’s a new scam popping up in the crypto space. Today, I came across something wild: scammers are now using fake podcast invitations to reel people in. They even go as far as creating spoofed domains that look super legit. Like, how low can they get?

What’s the Deal with These Scams?

So here’s the rundown. These scammers send out what looks like a real invitation to a podcast, using domains that are just one letter off from actual companies (a16z, I’m looking at you). They even have the gall to use fake booking tools that look like Calendly but aren’t. The goal? To get you to click on some malicious links or give away personal info.

a16z crypto had to put out a public service announcement about it! They said if the invite doesn’t come directly from them or through mutual connections, it’s probably a scam. And honestly, if you gotta click on a link to see your invite, better watch yourself.

How AI and Expert Traders Are Fighting Back

Now here’s where it gets interesting: AI crypto signals and expert traders are stepping up their game. Apparently, advanced AI can analyze all sorts of data—like email patterns and IP addresses—to flag suspicious activity. It’s kinda cool when you think about it.

These systems can even catch those deepfake videos and audio clips that scammers might use down the line. But let’s be real; there’s also something eerie about it.

And then you’ve got your professional crypto traders who know what’s up. They usually operate on platforms that have solid security measures in place—think Bitbns or Onramp.money—where they actually check who you are before letting you trade.

These platforms work hand-in-hand with law enforcement too! Like, did you know Bitbns helped track down some lost assets with the Indian Cyber Crime Coordination Centre? Talk about being proactive!

Crypto Platforms Are Getting Educational Too

It’s not just about catching the bad guys; it’s also about teaching people how not to get caught! A lot of these online crypto platforms are setting up educational sections for users.

Take Coinbase for example—they’ve got this whole “Learn” section where you can earn free crypto just by watching videos and doing quizzes about basic stuff like wallets and market dynamics. Binance has something similar called “Binance Academy.” It covers everything from basic terms to avoiding common scams.

And if you’re feeling extra savvy, there are advanced resources available too! Ethereum has its own documentation aimed at developers, and there are YouTube channels dedicated to deep dives into all things crypto.

Final Thoughts

So yeah, while these new podcast invitation scams are pretty wild, it’s somewhat comforting to know that AI and knowledgeable traders are on the case.

But then again… isn’t that what they want us to think? Stay vigilant out there folks!

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Alina Garaeva
About Author

Alina Garaeva: a crypto trader, blog author, and head of support at Cryptorobotics. Expert in trading and training.

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Alina Tukaeva
About Proofreader

Alina Tukaeva is a leading expert in the field of cryptocurrencies and FinTech, with extensive experience in business development and project management. Alina is created a training course for beginners in cryptocurrency.

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