Questions tagged [crypto skimming]

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Valentina Valentina Sun Jul 07 2024 | 7 answers 1591

What is crypto skimming?

Could you please elaborate on the concept of "crypto skimming" in a simplified manner? As a finance professional, I've heard of various fraudulent practices but am unfamiliar with this specific term. In essence, is crypto skimming a form of digital theft where hackers or scammers intercept and steal cryptocurrency transactions? Does it involve techniques such as phishing, malware infections, or exploiting vulnerabilities in crypto exchanges and wallets? Furthermore, how prevalent is this issue, and what steps can crypto enthusiasts and investors take to protect themselves from such scams?

What is crypto skimming?

|Topics at Cryptocurrency Q&A

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