Bitcoin
Bitcoin (BTC)
$67,325.00 0.47385
Bitcoin price
Ethereum
Ethereum (ETH)
$3,494.95 1.07397
Ethereum price
BNB
BNB (BNB)
$588.47 -0.67532
BNB price
Solana
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$177.87 -0.48206
Solana price
XRP
XRP (XRP)
$0.6028380 -1.41949
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$0.0000174 -0.55139
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$0.0000122 0.95555
Pepe price
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$0.0000290 -4.68348
Bonk price
Bitcoin
Bitcoin (BTC)
$67,325.00 0.47385
Bitcoin price
Ethereum
Ethereum (ETH)
$3,494.95 1.07397
Ethereum price
BNB
BNB (BNB)
$588.47 -0.67532
BNB price
Solana
Solana (SOL)
$177.87 -0.48206
Solana price
XRP
XRP (XRP)
$0.6028380 -1.41949
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -0.55139
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 0.95555
Pepe price
Bonk
Bonk (BONK)
$0.0000290 -4.68348
Bonk price
Bitcoin
Bitcoin (BTC)
$67,325.00 0.47385
Bitcoin price
Ethereum
Ethereum (ETH)
$3,494.95 1.07397
Ethereum price
BNB
BNB (BNB)
$588.47 -0.67532
BNB price
Solana
Solana (SOL)
$177.87 -0.48206
Solana price
XRP
XRP (XRP)
$0.6028380 -1.41949
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -0.55139
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 0.95555
Pepe price
Bonk
Bonk (BONK)
$0.0000290 -4.68348
Bonk price
Bitcoin
Bitcoin (BTC)
$67,325.00 0.47385
Bitcoin price
Ethereum
Ethereum (ETH)
$3,494.95 1.07397
Ethereum price
BNB
BNB (BNB)
$588.47 -0.67532
BNB price
Solana
Solana (SOL)
$177.87 -0.48206
Solana price
XRP
XRP (XRP)
$0.6028380 -1.41949
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000174 -0.55139
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000122 0.95555
Pepe price
Bonk
Bonk (BONK)
$0.0000290 -4.68348
Bonk price

Hong Kong police warn of Binance impersonation scam

hong-kong-police-warn-of-binance-impersonation-scam
Edited by
News
Hong Kong police warn of Binance impersonation scam

Hong Kong police have cautioned residents about scammers posing as Binance and sending phishing texts.

Over the past two weeks, authorities have recorded 11 cases, amounting to HK$3.5 million in reported losses.

A local news report dated Oct. 9 calls out a post on the “Net Keeper” social platform, in which law enforcement authorities have raised alarm over a surge in fraudulent activities involving phishing text messages impersonating Binance, the world’s largest cryptocurrency exchange by market capitalization. 

Scammers would allegedly entice users to click on these deceptive text messages, thereby gaining unauthorized access to victims’ Binance accounts and stealing their digital assets. 

The police reminded citizens to take several precautionary steps, including considering the security risks of different platforms, storing large amounts of virtual assets in offline wallets, and using only a trading platform licensed in Hong Kong for investment.

This announcement comes amid a more significant awareness for funds lost to hacks, scams, and rug pulls. An article released at the end of September highlights in Q3 2023 alone, the crypto industry lost $889.3 million.

At the same time, the US Securities and Exchange Commission (SEC) chair, Gary Gensler, has also been open about calling out his concern about the pervasive fraud and regulatory non-compliance in crypto.