menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

Bitget Ant...
source image

Cryptoticker

1M

read

35

img
dot

Image Credit: Cryptoticker

Bitget Anti-Scam Report Shows AI-Related Scams Drive $4.6B in Crypto Losses in 2024

  • Bitget released its 2025 Anti-Scam Research Report in collaboration with SlowMist and Elliptic, showing global crypto scam losses reaching $4.6 billion in 2024.
  • AI-related scams, such as deepfake technology and social engineering, were key tactics behind substantial thefts.
  • The report initiated Bitget’s Anti-Scam Month for security education and raising ecosystem-wide awareness.
  • AI-powered scams now involve fake Zoom calls, synthetic videos, and Trojan-laced job offers.
  • Primary scam categories identified include deepfake impersonation, social engineering, and Ponzi schemes disguised as DeFi or NFT projects.
  • Stolen funds are funneled through cross-chain bridges and obfuscation tools before reaching mixers or exchanges, complicating enforcement efforts.
  • Case studies highlighted scam incidents in Hong Kong and the growing use of Telegram and Twitter for phishing.
  • Bitget aims to enhance industry standards and user awareness through Anti-Scam Month.
  • The report emphasizes the need for technological rigor and industry collaboration to combat evolving AI-driven scams.
  • Bitget's Anti-Scam Hub, detection systems, and $500M+ Protection Fund work to reduce user risks.
  • Recommendations in the report include scam red flags and best practices for avoiding traps in DeFi, NFTs, and Web3 environments.
  • Bitget, a prominent cryptocurrency exchange, offers innovative trading solutions and Web3 services to users globally.
  • It collaborates with security firms like SlowMist and Elliptic to combat evolving threats and protect users.
  • Bitget's efforts towards crypto adoption include strategic partnerships, such as with LALIGA and Turkish National athletes.
  • The report concludes with guidance for users and institutions on staying vigilant in the crypto space.
  • The value of digital assets can fluctuate significantly, and careful consideration and vigilance are advised for investors.
  • Overall, the report underscores the importance of staying informed and security-minded in the face of evolving crypto scams.
  • The article does not qualify for web story generation due to its length and complexity.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app