EddieJayonCrypto

 12 Aug 24

tl;dr

A new crypto scam using QR codes to deceive users into authorizing wallets is spreading, per Bitrace. The scam offers over-the-counter trades and rewards in Tron (TRX) to entice traders, making a small USDT payment to gain trust. Bitrace warns that the scam involves theft through a payment QR code t...

Bitrace has issued a warning regarding a new cryptocurrency scam that utilizes QR codes to deceive users into authorizing wallets, resulting in the theft of $120,000 in USDT from 27 victims. The scam entices traders with over-the-counter trades and rewards in Tron (TRX), making a small USDT payment to build trust. However, Bitrace found that the scam involves theft through a payment QR code transfer test, tricking users into authorizing wallets. When tested with an empty wallet, clicking "Confirm" directed users to a third-party website, leading to wallet authorization theft. The alleged fraudsters scammed 27 victims out of $120,000 worth of USDT between July 11 and July 17, 2024. Bitrace advises investors to conduct a risk check on the counterparty's address before engaging in transactions. Source: Bitrace/X.


A new cryptocurrency scam utilizing QR codes to deceive users into authorizing wallets has been identified by Bitrace, a crypto data analytics firm. The scam attracts traders with over-the-counter trades and rewards in Tron (TRX). After making a small USDT payment to gain trust, fraudsters use a payment QR code transfer test to deceive users into authorizing wallets. Bitrace conducted a test with an empty wallet and found that clicking "Confirm" directed users to a third-party website, resulting in wallet authorization theft. The scam led to the theft of $120,000 worth of USDT from 27 victims between July 11, 2024, and July 17, 2024. Bitrace recommends conducting a risk check on the counterparty’s address before engaging in transactions. Source: Bitrace/X.

More about

In the current market, the S&P 500 index has exhibited a strong bullish trend, supported by the 50-day moving average. The Relative Strength Index (RSI) also indicates a bullish momentum, approaching overbought levels but still within a reasonable range.


The tech sector has shown resilience, with stocks like Apple and Microsoft displaying a clear uptrend, while Amazon has approached a key resistance level. Facebook, however, faces a bearish trend after breaching its 200-day moving average.


The energy sector presents an interesting picture, with Exxon Mobil and Chevron experiencing a bullish breakout, while the overall sector remains in a consolidation phase, potentially indicating an impending bullish move.


Gold has encountered a strong resistance level, signaling a bearish outlook, while Bitcoin's price action suggests a potential bullish reversal from its recent consolidation pattern.

More about Martin Marietta Materials Inc

Martin Marietta Materials, Inc. is an American-based company that supplies aggregates and heavy building materials. The company operates in 26 states, Canada, and the Caribbean, providing resources for roads, sidewalks, and foundations.

Sector: Energy & Transportation

Industry: Mining & Quarrying of Nonmetallic Minerals (No Fuels)

Market Cap: 32.61B

PE Ratio (TTM): 16.05

EPS (TTM): 2.96

52 Week High: 33.24

52 Week Low: 107.25

Dividend Yield: 0.308

Revenue: 6.617B

Net Income: 641.11M

Debt to Equity: -0.152

Quick Ratio: -0.031

More about Tanzanian Royalty Exploration Corp

Tanzanian Royalty Exploration Corp, Tanzanian Gold Corporation is engaged in the exploration and development of mineral property interests in the United Republic of Tanzania. The company is headquartered in Vancouver, Canada.

Sector: ENERGY & TRANSPORTATION

Industry: GOLD AND SILVER ORES

Market Cap: 107.868M

Dividend Yield: 0

Beta (5Y Monthly): 0.127

Price: -0.0306

Volume: 36.723M

P/E Ratio (TTM): 1.38

EPS (TTM): 2.549

1-Year Target Est: 0.625

Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
 23 Dec 24
 23 Dec 24
 23 Dec 24