Can you get scammed from airdrop?
However, while airdrops sound like free money, there's been a growing trend of airdrop phishing scams that steal people's money when they attempt to get the so-called 'free' crypto assets.
We take a look at the popular tactics used in Airdrop phishing to steal access to cryptocurrency users' digital finances. Airdrop phishing is a really popular tactic at the moment. It emerged alongside the explosion of Web3/NFT/cryptocurrency popularity, and ensures scammers get a slice of the money pie.
The short answer is “Yes.” Your assets can be hacked on an NFT in the same way that crypto assets are stolen from digital wallets and exchanges. NFT stands for “non-fungible token,” and according to The Verge, it can technically contain anything digital, including drawings, animated GIFs, songs or items in video games.
Are NFT airdrops safe? Well, the majority of NFT airdrops are safe but there's always a risk involved. If you are accepting NFT airdrops; make sure you use a public wallet for the same and empty the same before accepting airdrops. Never skip on conducting due diligence, and never give out your private key.
- Airdrop Alert.
In fact, for crypto wallet holders or those holding specific crypto tokens, airdrops are a great way of making good profits on what is basically a zero investment and can be a great way of generating passive income in the crypto markets.
It is not possible to steal digital currency with a public address alone. The only way someone could access your funds would be if they had access to your Coinbase account, or in the case of a non-hosted wallet, your private key.
A privacy gap could let a nearby hacker snag the phone numbers and email addresses of people using AirDrop, say researchers at a German university. Ty Pendlebury is a journalism graduate of RMIT Melbourne, and has worked at CNET since 2006.
Unsolicited NFTs sent to your wallet
Like airdrops, free NFT drops can also be a way for hackers to steal your funds by creating malicious smart contacts that you have to connect your wallet to in order to claim the NFT. It is advised that you ignore any NFT that is transferred to your wallet without your permission.
An NFT airdrop can be initiated for several reasons. You may receive an NFT airdrop for holding a certain NFT in your wallet, promoting a brand in some way, participating in a giveaway, or even as a gift which is more a marketing strategy rather than a gift.
How do I get rid of Airdropped NFTs?
Click 'My Collection' and then the collection holding the NFT you would like to delete. Hover over the item you would like to delete and click '…', 'edit', then click 'Delete Item' (at bottom). This is also the same process you would use to edit the NFT (e.g. external link and description).
- Never give out your secret phrase.
- Avoid visiting untrustworthy sites.
- Always do your own research.
- Watch out for pump and dumps.
- Don't get greedy.
- Only transact with people you trust.
- Be aware of counterfeit NFTs.
- Steer clear of brand impersonators.
The AirDrop feature on iPhones and MacBook computers has a vulnerability that could give scammers access to your email and phone number, a team of researchers say. AirDrop lets you share photos, documents and other files with other Apple devices nearby.
An airdrop is a distribution of cryptocurrency, tokens, or NFTs that are sent to a web3 wallet address for free as a promotion, or as added value for participating in an experience or purchasing a digital asset. Airdrops are generally used to add additional value or to draw attention to a brand or experience.
With a holder airdrop, you can receive cryptocurrency tokens if you hold a certain number of tokens of another cryptocurrency. The amount of your airdrop is determined based on a snapshot. At a certain moment, a snapshot of your crypto wallet is made.
Holder: Some airdrop projects send you free tokens if you have a minimum balance of a certain cryptocurrency in your wallet. For instance, if you have at least 0.1 ETH in your crypto wallet, you qualify to receive the airdrop. For this, you need to be an active cryptocurrency investor and maintain a balance amount.