Hacked Crypto Wallets: Scam TradingView YouTube Channels Suspected as Thieves, Top Wallet Praised for Security, ICO Raises over $12 Million
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Best Wallet ($BEST), the top non-custodial Web3 wallet, has raked in $12 million during its ICO, showing growing investor confidence in this trustworthy, multipurpose platform.
The coup arrives as wallet-focused scams escalate, and users increasingly favor self-custody and real utility as the crypto landscape matures and risks from centralized services become more apparent.
Recent incidents, like fake TradingView YouTube channels stealing users' wallet funds, underscore the clever tricks scammers use and underscore the importance of security-focused wallets like Best Wallet.
Best Wallet offers a robust security shield. Its self-custodial architecture empowers users with their private keys, which keep them secure from phishing, malware, and drainer exploits. It's more crucial than ever amid escalating crypto scams.
Beyond security, Best Wallet delights users with a wealth of tools built for today's crypto market, including cross-chain swaps, fiat onboarding, staking opportunities, and an in-app project screener.
Crossing the $12 million mark is not just about funding – it signals investor trust in a promising, evolving platform that debuted last year. With just 38 hours left in the current presale round and prices set at $0.024985, could this be one of the final rounds before the presale concludes?
Scam Alert: Fake TradingView YouTube Channels Steal Your Crypto
TradingView, the most popular trading software in the crypto world, fell victim to a growing phishing scam. These fake YouTube channels impersonated the platform, tricking victims into downloading malicious scripts by promising dev or cracked versions of TradingView, installing Remote Access Trojans (RAT) that grant attackers control over victims' devices.
Multiple users have already reported losing access to their wallets and crypto due to the scam. This incident is a reminder for users to stay vigilant, verify legit sources, and steer clear of unverified download links. And amid escalating threats, securing crypto assets with advanced wallets like Best Wallet is paramount.
Security is Key: Best Wallet
Best Wallet focuses on security from the ground up, not just for peace of mind but to safeguard assets in today's risky market. It's fully self-custodial, allowing users to control their assets directly, with no third parties, no KYC hoops, and no vulnerable email-based attack vectors.
Best Wallet utilizes Fireblocks' MPC-CMP technology, split private keys into multiple encrypted parts across separate parties, removing any single points of failure. This means no single entity, not even Fireblocks, holds the complete key. To safeguard against phishing contracts and malicious assets, Best Wallet features built-in scam filters that keep dodgy or spam tokens at bay. Fiat onboarding is secured through trusted providers like MoonPay and Alchemy Pay, sidestepping shady third-party redirects. On mobile, best wallet offers modern protection with biometric login and optional two-factor authentication.
Scam Capitalism: Americans Lost $9.3 Billion to Crypto Scams in 2024
As crypto adoption accelerates, so does the fraud. In 2024 alone, Americans reported over $9.3 billion in crypto-related scam losses – an eye-popping 66% increase from the previous year. Rug pulls, fake wallet apps, and deceptive meme coins have become common threats that undermine confidence and hinder broader acceptance. That's why security-focused wallets like Best Wallet are vital. Its advanced security features and reputation for both safety and utility provide users with confidence to trade, store, and explore the crypto space without hesitation.
Competitive Edge: Best Wallet Transactions
But Best Wallet offers more than just security. Its integration with over 300 decentralized protocols and 30 cross-chain bridges ensures users get the best rates for their trades within a single app. $BEST tokens reduce transaction fees and facilitate seamless on-chain activity. Future updates promise gasless transactions and MEV protection to ensure secure and fair transactions, preventing front-running by bots and validators.
Best Wallet’s rising popularity is also tied to its stand-out feature: the Upcoming Tokens screener – a discovery tool that scans the market, evaluates potential, and highlights promising new projects. It doesn't just list tokens – it recommends optimal entry points to maximize returns when assets take off. The screener already has a track record, having surfaced projects like Pepe Unchained and Catslap early, both delivering returns over 700% and 7,000%, respectively.
Tick-tock, $13 Million Time to Tick
With $12 million already in the bag, the next target is $13 million – achievable given the rising interest in Best Wallet. To secure your slice of $BEST tokens, head to the Best Wallet presale website, connect your wallet, and use the user-friendly on-site widget. For Best Wallet users, direct purchases from within the app using a bank card or crypto like ETH or USDT are possible.
New users can download Best Wallet now from Google Play or the App Store. Stay connected with the community on X, Telegram, and Discord, and learn more by visiting Best Wallet.
Best Wallet – Take Control of Your Crypto Portfolio
Our Rating
- Easy to Use, Advanced Security-Focused Crypto Wallet
- Discover Unknown Tokens with Upcoming Tokens Screener
- Multi-Chain, Multi-Wallet, Self-Custodial
- Now Available on Google Play, App Store, Stake $BEST to Earn Tokens
- 250,000+ Monthly Active Users
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Arguably, the growing number of crypto scams underscores the importance of investing in secure wallets like Best Wallet, whose self-custodial architecture and built-in security measures help protect users from phishing, malware, and other threats.
With the extraction of $13 million as its next goal, Best Wallet's presale continues, inviting interested investors to utilize the easy-to-use widget on its official website or within the Best Wallet app to purchase $BEST tokens with ease.
Finance experts may view the widespread use of crypto wallets like Best Wallet as a strategic step towards mitigating losses from crypto scams in the ever-evolving finance market.
