What Is a Crypto Honeypot Scam?

Image credit: Valeria Boltneva / Pexels and Make Use Of. Article by Katie Rees. Make Use Of – April 23, 2023.

Tempted to peek at another cryptocurrency trader’s seed phrase? Not only will you be a thief; you could also be falling for a scam!

The crypto industry is certainly no stranger to scams of every sort. There are many methods that cybercriminals currently use to access crypto holdings, including those known as “honeypots”. But what exactly is a crypto honeypot scam, and are they dangerous? […]

Click here to view original web page at www.makeuseof.com