According to Richard Teng, CEO of Binance, phishing scams are increasingly targeting cryptocurrency users through fake links and impersonation. Teng emphasized that while Binance offers 24/7 protection, user vigilance remains the most effective defense against these sophisticated attacks (source: @_RichardTeng on Twitter, 2025-05-14). Crypto traders are advised to verify URLs, avoid clicking on suspicious links, and use security best practices to safeguard their accounts. This ongoing threat can impact trading volume and user confidence on major exchanges, potentially increasing volatility across the crypto market (source: Binance Security Blog).

According to MistTrack, traders and users should be cautious of phishing scams that are utilizing Bing ads. The identified phishing websites are www[.]about-aove[.]com and aave-info-market[.]com. These sites may pose significant risks to personal and financial information, highlighting the importance of vigilance in online trading and cryptocurrency transactions.

According to ZachXBT, there is an increasing trend of phishing scams targeting Coinbase users. These scams involve spoofed phone calls and texts impersonating Coinbase support, directing victims to phishing sites identical to the official Coinbase site. The perpetrators employ social engineering tactics using personal information acquired from private databases. Traders should remain vigilant and verify any communication purportedly from Coinbase to avoid falling victim to these scams. (Source: ZachXBT)

According to MistTrack_io, traders are advised to exclusively use the official links provided to ensure transaction security and avoid phishing scams. This guidance is critical for maintaining the integrity of crypto transactions and safeguarding digital assets.

According to Ai 姨, users should be cautious of spam links circulating on Twitter. The tweet specifically warns against clicking on suspicious links and advises checking the account names for authenticity. This alert is crucial for maintaining cybersecurity and protecting personal and financial information, especially relevant for cryptocurrency traders who might be targeted by phishing scams.