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How a user lost dollars in a cryptocurrency scam due to Google Chrome's suggestions.

Punycode phishing involves registering website addresses that look almost identical to those of trusted cryptocurrency platforms—but with subtle character substitutions.

Recently, Google Chrome's recommendation system mistakenly directed a user to a fake site mimicking the cryptocurrency exchange ChangeNOW. Trusting the prompt, the user entered the site—only to lose over $20,000 in digital assets.

This case has sparked a broad debate about the browser's responsibility and the ongoing evolution of scam tactics in the cryptocurrency space. While some social media users aggressively criticize certain platforms, broader awareness and education about these fraudulent methods are crucial for user safety.

As phishing schemes become increasingly sophisticated, users must remain vigilant. Carefully checking every detail of a site before logging in or making transactions is essential. Double-checking URLs, watching for unusual characters, and avoiding unverified links can prevent many attacks.