🔐 Crypto Market Update: "CryptoScamSurge" — Summary
🚨 Crypto scams are surging in 2025, driven by advanced AI, phishing, and large-scale hacks.
Key Highlights:
💰 $4.6B in scam-related losses — Deepfakes and AI-powered fraud are major contributors.
🧠 "Pig-butchering" scams (fake relationships/investments) are increasing fast.
📱 300% rise in mobile-targeted scams reported by the FBI.
🔓 Major hacks: ByBit lost $1.5B in ETH; CoinDCX also breached.
📊 Market Resilience:
Bitcoin (BTC): ~$117,600
Ethereum (ETH): ~$3,540
Despite scams, prices remain strong due to institutional demand.
🛡️ Tips for Safety:
Don’t trust random calls or messages.
Use hardware wallets.
Enable multi-factor authentication.
Keep up with new scam tactics.
