Stay away from the most popular crypto scams

Crypto scams in 2025

Crypto scams remain highly profitable in 2025, with scammers continuously adapting tactics despite global enforcement and education efforts. Chainalysis reports scammers generated over $2.5 billion in illicit profits in 2024 alone (Chainalysis Crypto Crime Report).

Leading crypto scams by type

Source: Chainalysis 2025 Crypto Crime Report

Investment scams dominate losses

"Pig Butchering" scams involve scammers gaining victim trust through extended conversations on social platforms before pushing fake investment opportunities. These scams leverage emotional manipulation combined with highly convincing fake crypto trading platforms and websites.

Example:

Huione Guarantee Scam: Scammers used advanced AI-generated personas and realistic trading platforms, defrauding thousands globally.

Employment scams growing rapidly

Crypto-based employment scams surged significantly, driven by scammers exploiting remote work trends. Scammers pose as legitimate companies, offering remote crypto-related jobs and requesting victims' personal data, payments for fake "equipment," or initial deposits into scam wallets.

Address poisoning and crypto drainers

Address poisoning involves scammers creating fake transactions to users' wallets, tricking users into copying scammer addresses from transaction histories. Crypto drainers use fake crypto giveaway websites to drain user wallets automatically when they connect.

Notable examples:

Ethereum Address Poisoning: A scammer netted over $5 million across multiple compromised addresses.
Fake Uniswap Airdrop: Scammers collected nearly $2 million in crypto drainer attacks in one month.

Best practices to avoid scams

Crypto users can significantly reduce risks through:

Verifying all investment opportunities independently.
Avoiding unsolicited messages offering investment or job opportunities.
Double-checking wallet addresses manually before transactions.
Never interacting with suspicious airdrop or giveaway websites.

Why secure transaction processes matter

Scams frequently exploit vulnerabilities in crypto transaction approvals. Platforms using standard ERC20 token approval processes are particularly susceptible to exploits, increasing risks of asset theft.

Blazing App's scam-resistant on-chain transactions

Blazing App specifically addresses common scam attack vectors by implementing enhanced security methods:

Permit2: Transaction-specific authorization prevents scammers from continuously exploiting wallet approvals.
Zero-Knowledge Encryption: Isolated encryption of private keys prevents unauthorized transaction signing, even if backend infrastructure is targeted.
Secure Enclave Technology: Keys briefly load for transaction signing and are erased immediately after, significantly reducing memory-based attack vectors.
Account Lock Feature: Users can completely disable transaction signing, providing a physical layer of protection from unauthorized account activity.

Security comparison

Secure your crypto activities

Blazing App provides robust protection against evolving crypto scams, built explicitly for secure, on-chain transactions.

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