
Phishing Scams Target Ledger Users by October 31 Amid Launch of Wallet Security Ranking
A recent surge in phishing attacks targeting Ledger users has raised alarms within the cryptocurrency community. Malicious emails are urging recipients to activate a non-existent feature called 'Ledger Clear Signing' by October 31. These emails are reportedly originating from unverified addresses, raising concerns about their legitimacy. In response to the growing risks associated with crypto wallets, Coinspect has announced the development of an objective Wallet Security Ranking aimed at helping users assess wallet security. This initiative comes amid warnings that many existing wallet rankings may be influenced by paid promotions rather than genuine security assessments. The rise in phishing attempts highlights the ongoing challenges in ensuring user safety in the crypto space, as experts emphasize the need for improved security measures and user education.
Sources
Coinspect Security2024 and wallet vendors are still putting the onus on users to avoid phishing attacks.🤦 Check out Sean's advice: * Don't be Lazy🤌 * Stay Alert 🫣 * Stay Educated 🫡 🤯Imagine if hardware wallets improved Intent Verification to support common DeFi dApp interactions. DON'T BE… https://t.co/Hu0MNudgMo
TrezorEssential crypto security practices to protect your funds from phishing attacks. 👇 https://t.co/B18IYWmvxy
Coinspect Security1/ Why a Wallet Security Ranking? 🤔 🎣Phishing and scams remain major threats in crypto. Our wallet ranking aims to help developers, researchers, and users understand and improve wallet security, serving as a trusted resource for informed decisions.
Additional media



