Airdrops may be the most bewildering facet of crypto. Refering to tokens being rewarded to crypto traders that fulfill certain criteria, they often amount to free money. The amounts dropped can be immense. In April, Bored Ape Yacht Club owners received a cryptocurrency airdrop worth around $100,000 for every ape NFT they owned.
Sometimes, airdrops that sound too good to be true are actually legitimate. But not always.
On Monday, scammers made off with $8 million in bitcoin and ether after employing a phishing scheme. The scam centered on Uniswap, a decentralized crypto exchange where people trade altcoins like shiba inu and avalanche. The scammers promised a free airdrop of 400 Uniswap tokens, worth around $2,000. A few traders took the bait -- connecting their wallets to a dodgy website -- and two victims sustained huge losses.
Over $6.5 million was drained from one wallet, blockchain analytics firm PeckShield told CNET. Scammers took 2,444 ether ($2.46 million) and 201 bitcoin...
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