FinTechIntro / FinTechIntro/2024-Spring-Final
Phishing Scam on web3
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## Summary
> Please give a short summary of this research topic.
Up until today on the blockchain, there are still numerous phishing incidents with a wide variety of tactics. Please conduct a brief research study on a particular phishing method or a method of phishing detection. The study can discuss how this phishing method is successful or what preventive measures might be available
## Description
> Please provide a detailed description to the topic.
Phishing methods on the blockchain can be very crafty. One common technique involves fake websites that trick users into granting access to their digital wallets. Attackers create websites that look identical to legitimate services, hoping users will enter their private keys or seed phrases, which are then stolen.
Another method involves issuing alternative coins (altcoins) that may be promoted as the next big investment opportunity but are essentially worthless. Unsuspecting investors might buy these altcoins, only to find out later that they hold no real value and are unable to sell them.
## Source
> Please provide related resource for the topics, including articles, research papers and more.
[Most Common Web3 Scams and How to Avoid Them](https://secuxtech.com/blogs/blog/most-common-web3-scams-and-how-to-avoid-them#:~:text=Scammers%20impersonate%20individuals%20or%20projects,seed%20phrase%20on%20any%20platform.&text=Phishing%20attacks%20on%20mirror%20websites,common%20in%20web2%20as%20well.)
[Scam Sniffer](https://twitter.com/realScamSniffer?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor)
[WEB3 Scam](https://www.ledger.com/academy/basic-basics/web3-security-essentials/web3-scams-explained)
## Others
> Please provide more information if there is any.
None
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