As a seasoned researcher with a background in cybersecurity, I have seen my fair share of online scams and hacks targeting unsuspecting users. The recent reports of phishing attacks and fraudulent schemes surrounding Hamster Kombat, the viral Telegram-based tap-to-earn game, are particularly concerning.
Hamster Combat, the virally popular tap-to-earn game on Telegram, has attracted unwanted attention from malicious actors. A study conducted by cybersecurity firm Kaspersky revealed that numerous players have reported being bombarded with phishing attempts.
Security Team Issues Warnings Concerning Hamster Kombat Threats
According to Olga Svistunova, a security specialist at Kaspersky, one prevalent method of such attacks involves swindlers deceiving victims into unwittingly performing harmful acts themselves.
Our group has uncovered several deceitful plans aimed at exploiting users of Hamster Kombat. In one instance, con artists entice individuals with offers of exchanging in-game currency into rubles. This is achieved through fraudulent emails containing phishing links demanding Telegram login information.
As a crypto investor, I’ve come to realize that hackers can only succeed in their attacks if they manage to obtain my credentials. These precious pieces of information grant them access to my personal accounts and sensitive data, allowing them to perpetrate their deceitful schemes.
In the meantime, it has been reported that these nefarious individuals employ another method to execute their illicit activities. Instead of using the known approach, they generate phony airdrop announcements that lure unsuspecting victims into clicking on deceptive links. The ultimate objective is to pilfer their crypto wallet access credentials.
Crypto swindlers have adopted this strategy in the widely-circulated tapping game, and false airdrops aren’t a novelty. Typically, fraudsters exploit the allure of free cryptocurrency to mislead innocent victims into disclosing their digital wallet details.
Malicious actors have adopted a new tactic: establishing bogus websites. As reported by Kaspersky, these deceitful individuals entice users with offers of free coins. However, their true intention is to steal cryptocurrency through underhanded methods known as “fraudulent commission payments.”
A Growing Trend of Crypto Hacks
It’s indisputable that Hamster Kombat has achieved tremendous success as a mobile game, amassing an impressive user base of over 239 million people within just 81 days, as confirmed by Telegram founder Pavel Durov.
As a researcher studying the cryptocurrency market, I’ve noticed an increasing interest in the Hamster Kombat (HMSTR) token. This trend has been particularly noticeable since the token became available for pre-market trading on Bybit on July 8.
Although the latest accomplishment of the project is commendable, a recent report raising concerns about potential attacks casts uncertainty over its progress. Yet, it’s important to note that crypto hacks and phishing scams are not novel phenomena in this sector. Instead, they have coexisted with the crypto industry since its inception, advancing hand in hand.
Since the first recorded crypto hack in June 2011, approximately $19 billion in digital assets have been stolen through 785 reported hacks and exploits.
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2024-07-19 16:48