Fake Blur Airdrop Websites Scam Users Out of $300K
2 min read
Nonfungible token (NFT) users who are seeking to claim Blur (BLUR) token airdrops have fallen victim to scammers who are operating various fraudulent websites.
TrustCheck, a Web3 browser security extension, has reported that over $300,000 has been stolen from unsuspecting users who have linked their wallets to these malicious websites. The legitimate Blur platform, which is a newcomer to the NFT marketplace, has been making waves in the industry with its booming user numbers and trading volume directly resulting from its three-phase airdrop incentive scheme.
The second phase of the airdrop awarded tokens to users based on their trading activity on the platform. Due to the incentive program’s mechanics, scammers have taken advantage of users who are looking to claim BLUR tokens across the NFT ecosystem by promoting fake airdrop links to malicious websites.
These websites use smart contracts that automatically prompt transactions when users connect their wallets, draining all the ETH from the wallet to a specific address.
TrustCheck tools will flag suspicious websites and transactions, warning Web3 users of potential fake websites and smart contracts.
While Blur has also been in the spotlight due to reports of users carrying out NFT wash trading, data analytics suggest that its NFT trading volumes are legitimate.
As scammers continue to prey on users of Web3 functionality, it is crucial for users to remain vigilant and use caution when linking their wallets to unknown websites.
