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Is that crypto email legit or just another scam?

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Is that crypto email legit or just another scam?

Blockchain scams are increasingly prevalent, and it’s essential to understand what they are and how to recognize them before they take a toll on your finances. 

For instance, John from Sunset Beach, North Carolina, recently reached out with a pressing question about some suspicious messages he’s been receiving in his inbox.

“I have been receiving messages from this site for a while. Can you tell me if this is a scam or real? I don’t want to pay good money to get scammed.”

Cryptocurrency scam email (Kurt “CyberGuy” Knutsson)

John’s experience is not unique; many individuals find themselves in similar situations when confronted with potential blockchain scams. These scams can take various forms, often disguised as legitimate offers or services that promise easy returns on investments. Let’s look at the common signs of these scams, why they are so prevalent and what steps you can take to protect yourself from becoming a victim.

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What is a blockchain scam?

A blockchain scam refers to a deceptive scheme aimed at tricking you into losing your money or digital assets within the cryptocurrency space. As the popularity of cryptocurrencies continues to rise, so does the prevalence of these scams, which exploit the lack of regulation and the anonymity often associated with blockchain technology. In essence, blockchain scams come in various forms, each designed to mislead and defraud unsuspecting victims.

One of the most common types is the “Pump and Dump” scheme. In this scenario, scammers artificially inflate the price of a low-value cryptocurrency by spreading false information or hype. Once the price reaches a certain level, they sell off their holdings, causing the price to plummet and leaving other investors with significant losses.

Another notorious scam is the Initial Coin Offering scam. Here, fraudsters promote a new cryptocurrency project with promises of high returns and innovative technology. However, once they collect funds from investors, they often vanish without delivering any product or service, leaving investors with worthless tokens.

Phishing scams are also rampant in the blockchain world. Scammers impersonate legitimate cryptocurrency platforms or services to trick you into providing sensitive information such as private keys or login credentials. Once they gain access to a victim’s wallet, they can easily transfer funds to their own accounts.

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Additionally, there are fraudulent giveaway schemes where scammers promise to double or triple an individual’s cryptocurrency holdings if they send a specific amount to a designated wallet. After sending their funds, victims find that the promised rewards never materialize.

Scammers may also create clone platforms, which mimic popular cryptocurrency exchanges or wallet services. Unsuspecting users believe they are using a legitimate platform and deposit their digital currencies, only to have them stolen by fraudsters.

A man holding cryptocurrency coins (Kurt “CyberGuy” Knutsson)

DON’T GET CAUGHT IN THE ‘APPLE ID SUSPENDED’ PHISHING SCAM

Identifying the red flags of cryptocurrency scams

Here are some of the common elements of such cryptocurrency scam emails.

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Unsolicited contact: Legitimate crypto services don’t randomly reach out offering free money. If you receive an unexpected email claiming you’ve won cryptocurrency or are entitled to a payment, it’s a strong indicator that something is off.

Pressure to act: Scammers often create a sense of urgency to push you into making hasty decisions. Phrases like “Act now!” or “Limited time offer!” are red flags that should make you pause and think twice before responding.

Requests for payment: Any service asking for upfront fees to receive crypto is likely a scam. Genuine platforms will never require you to pay before delivering funds or services. So, be wary of any requests for payment in advance.

Suspicious links: Scammers often embed links in emails or messages that lead to phishing sites designed to steal your credentials. Always hover over links to see where they lead before clicking, and if anything looks suspicious, don’t engage. If you have any doubts about a link’s legitimacy, it’s best to avoid clicking on it altogether. Get my picks for the best 2024 antivirus protection winners for your Windows, Mac, Android and iOS devices.

A man holding a cryptocurrency coin (Kurt “CyberGuy” Knutsson)

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YOUR EMAIL DIDN’T EXPIRE, IT’S JUST ANOTHER SNEAKY SCAM

Scammer tactics: How they get your info

Now, you might be wondering, “How did these scammers get my info in the first place?” Great question. Let’s take a quick look at how they manage to dig up your personal details – more than likely through the shady world of data harvesting.

Data breaches: Companies get hacked, and your info gets leaked faster than gossip at a high school reunion. Always monitor your accounts for unusual activity.

Public records: Scammers can piece together your life story from publicly available information, everything from property records to social media profiles.

Social media oversharing: That cute dog pic you posted? It might reveal more than you think about where you live or what you do for fun.

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Phishing attacks: Clicking on that “You won’t believe what happened next!” link could lead to malware that steals your data faster than you can say “blockchain.” The best way to safeguard yourself from malicious links that install malware, potentially accessing your private information, is to have strong antivirus software installed on all your devices. This protection can also alert you to phishing emails and ransomware scams, keeping your personal information and digital assets safe. Get my picks for the best 2024 antivirus protection winners for your Windows, Mac, Android and iOS devices.

WHAT IS ARTIFICIAL INTELLIGENCE (AI)?

Cryptocurrency on an app on a smartphone (Kurt “CyberGuy” Knutsson)

IS JUST READING THAT SKETCHY SCAMMER’S EMAIL DANGEROUS, OR DO I HAVE TO CLICK ON A LINK TO GET IN TROUBLE? 

Protecting yourself from blockchain scams

Given the decentralized and often anonymous nature of cryptocurrencies, scams pose significant challenges in terms of tracing and recovering lost funds. Therefore, it’s essential for anyone participating in the crypto space to stay informed about these scams, exercise caution when engaging in transactions and follow the steps below.

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1. Verify independently: Always log in to your accounts directly, not through email links. Scammers often create fake websites that look almost identical to legitimate ones, so it’s crucial to enter URLs manually or use bookmarks for trusted sites. This simple practice can prevent you from falling victim to phishing attempts.

2. Use strong authentication: Enable two-factor authentication on all your crypto accounts. This adds an extra layer of security by requiring not just your password but also a second form of verification, such as a text message code or an authentication app. Even if someone manages to steal your password, they won’t be able to access your account without this additional verification.

3. Be skeptical: If it sounds too good to be true, it probably is. Scammers often lure victims with promises of guaranteed returns or exclusive investment opportunities. Always approach such offers with skepticism and conduct thorough research before making any commitments.

4. Check email addresses: Scammers frequently use domains that look similar to legitimate ones, so always double-check the email address from which a message originates. A small typo or a different domain can indicate a scam. If you’re unsure, reach out directly to the company using contact information from their official website.

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5. Keep software updated: Ensure your devices and antivirus software are up to date. Regular updates often include security patches that protect against vulnerabilities that scammers might exploit. Keeping your software current is a critical step in safeguarding your digital assets.

6. Consider using a data removal service: Personal data removal services can help scrub your personal information from the web, making it harder for scammers to target you with personalized phishing attempts. By reducing your digital footprint, you can significantly decrease the chances of being targeted by malicious actors.

While no service can guarantee the complete removal of your personal data from the internet, a data removal service is really a smart choice. They aren’t cheap, and neither is your privacy. These services do all the work for you by actively monitoring and systematically erasing your personal information from hundreds of websites. It’s what gives me peace of mind and has proven to be the most effective way to erase your personal data from the internet. By limiting the information available, you reduce the risk of scammers cross-referencing data from breaches with information they might find on the dark web, making it harder for them to target you. Check out my top picks for data removal services here.

Kurt’s key takeaways

Remember, in the world of crypto, vigilance is your best friend. If you’re ever unsure about an email or offer, it’s always better to err on the side of caution. Don’t hesitate to reach out to official support channels. Stay safe out there, and may your crypto wallets always be full (and scam-free).

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Do you believe that cryptocurrency companies are doing enough to protect investors from scams and security threats, or do you think more stringent regulations and measures are needed? Let us know by writing us at Cyberguy.com/Contact.

For more of my tech tips and security alerts, subscribe to my free CyberGuy Report Newsletter by heading to Cyberguy.com/Newsletter.

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Xiaomi 17 is a small(ish) phone with a big(ish) battery

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Xiaomi 17 is a small(ish) phone with a big(ish) battery

Xiaomi has just given a global launch to two of its latest flagship phones, the Xiaomi 17 and 17 Ultra, along with a Leica-branded Leitzphone edition of the Ultra. There’s no sign, however, of the 17 Pro, which launched in China with an additional display mounted next to the rear cameras.

The 17 and 17 Ultra will apparently be available soon in the UK, Europe, and select other markets. The 17 — pitched as a rival to the likes of the iPhone 17 and Samsung Galaxy S26 — will cost £899 / €999 (about $1,200), while the larger and more capable Ultra starts from £1,299 / €1,499 ($1,750). The limited-edition Leitzphone will be substantially more expensive at £1,699 / €1,999 ($2,300), though it includes 16GB of RAM and 1TB of storage, along with a few extra accessories.

I like the simple, sleek aesthetic of the phone.
Photo of Xiaomi 17 homescreen on a wooden table outdoors

The 6.3-inch display isn’t tiny, but it does make the phone small by modern standards.
Closeup on Xiaomi 17 rear camera

All three of the phone’s rear cameras are 50-megapixel.

The 17 is an extremely capable small-ish flagship, with a 6.3-inch OLED display, Qualcomm Snapdragon 8 Elite Gen 5, and large 6,330mAh silicon-carbon battery (though sadly smaller than the 7,000mAh version launched in China). I won’t be writing a full review of the 17, but did spend a week using it as my main phone, and found that the battery cruised past the full-day mark, though wasn’t quite enough for two full days of my typical usage. That’s far better battery life than you’d find in similarly sized phones from Apple, Samsung, or Google.

The cameras impress too, with 50-megapixel sensors behind each of the four lenses, selfie included. Pound for pound, you won’t find many better camera systems in any phone this size.

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1/10

I’ve been largely impressed by the Xiaomi 17’s cameras.

The Ultra, unsurprisingly, takes things to another level. It’s much larger, with a 6.9-inch display, and weighs a hefty 218g. Despite that, the 6,000mAh is actually smaller, though I found it delivered pretty similar longevity.

Photo of Xiaomi 17 and 17 Ultra on a table, closeup on the cameras

The 17 Ultra is larger in just about every respect, but strangely has a smaller battery.

The enormous camera is, as ever for Xiaomi’s Ultra phones, the highlight. There are 50-megapixel sensors for each of the main, ultrawide, and selfie cameras, with a large 1-inch-type sensor behind the primary lens. The periscope telephoto is even more impressive: 200-megapixel resolution, a large 1/1.4-inch sensor, and continuous optical zoom from 3.2x to 4.3x, the equivalent of 75-100mm. Xiaomi isn’t the first to pull off a true zoom phone — Sony’s Xperia 1 IV got there first in 2022 — but the telephoto camera here is far more capable than that phone’s, with natural bokeh and impressive performance even in low light.

Photo of Xiaomi 17 Ultra Leitzphone outdoors

This is the Leica-branded Leitzphone version of the 17 Ultra.

The camera capabilities are supported by Xiaomi’s ongoing photography partner Leica, but it’s the pair’s Leitzphone that really emphasizes that. Slightly redesigned from the 17 Ultra Leica Edition that was released in China last December, this includes Leica branding across the hardware and software, a range of Leica filters and shooting styles, and a rotatable rear camera ring that can be used to control the zoom. It’s the first Leica Leitzphone produced by Xiaomi — after a trio of Japan-only Sharp models — and comes with additional branded accessories, including a case with a lens cap and a microfiber cleaning cloth.

Xiaomi has plenty of other announcements alongside the 17 series phones at MWC this year, including a super-slim magnetic power bank, the Pad 8 and Pad 8 Pro tablets, and a smart tag that supports both Google and Apple’s tech-tracking networks.

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Photography by Dominic Preston / The Verge

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Google dismantles 9M-device Android hijack network

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Google dismantles 9M-device Android hijack network

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Free apps are supposed to cost you nothing but storage space. But in this case, they may have cost millions of people control over their own internet connections.

Google says it has disrupted what it believes was the world’s largest residential proxy network, one that secretly hijacked around 9 million Android devices, along with computers and smart home gadgets. Most people had no idea their devices were being used since the apps worked normally, and nothing looked broken.

But behind the scenes, those devices were quietly routing traffic for strangers, including cybercriminals.

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STOP GOOGLE FROM FOLLOWING YOUR EVERY MOVE
 

Google says it disrupted a massive residential proxy network that secretly hijacked about 9 million Android and smart devices. (AaronP/Bauer-Griffin/GC Images)

How your device became part of a proxy network

According to Google’s Threat Intelligence Group, the network was tied to a company known as IPIDEA. Instead of spreading through obvious malware, it relied on hidden software development kits, or SDKs, that were embedded inside more than 600 apps. These apps ranged from simple utilities to VPN tools and other free downloads. When you installed one, the app performed its advertised function. But it also enrolled your device into a residential proxy network.

That means your phone, computer or smart device could be used as a relay point for someone else’s internet traffic. That traffic might include scraping websites, launching automated login attempts or masking the identity of someone conducting shady online activity. From the outside, it looked like that activity came from your home IP address. You wouldn’t see it happening, and in many cases, you wouldn’t notice any major performance issues.

Google says in a single seven-day period earlier this year, more than 550 separate threat groups were observed using IP addresses linked to this infrastructure. That includes cybercrime operations and state-linked actors. Residential proxy networks are attractive because they make malicious traffic look like normal consumer activity. Instead of coming from a suspicious data center, it appears to come from someone’s living room.

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What Google did to shut it down

Google says it took legal action in a U.S. federal court to seize domains used to control the infected devices and route proxy traffic. It also worked with companies like Cloudflare and other security firms to disrupt the network’s command-and-control systems. Google claims it also updated Play Protect, the built-in Android security system, so that certified devices would automatically detect and remove apps known to include the malicious SDKs.

However, Google also warned that many of these apps were distributed outside the official Play Store. That matters because Play Protect can only scan and block threats tied to apps installed through Google Play. Third-party app stores, unofficial downloads and uncertified Android devices carry far greater risk.

IPIDEA has claimed its service was meant for legitimate business use, such as web research and data collection. But Google’s research suggests the network was heavily abused by criminals. Even if some users knowingly installed bandwidth-sharing apps in exchange for rewards, many did not receive clear disclosure about how their devices were being used.

Google’s investigation also found significant overlap between different proxy brands and SDK names. What looked like separate services were often tied to the same infrastructure. That makes it harder for consumers to know which apps are safe and which are quietly monetizing their connection.

300,000 CHROME USERS HIT BY FAKE AI EXTENSIONS
 

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Hidden software inside more than 600 apps allegedly turned phones and computers into internet relays for cybercriminals. (David Paul Morris/Bloomberg via Getty Images)

7 ways you can protect yourself from Android proxy attacks

If millions of devices can be quietly turned into internet relay points, the big question is, how do you make sure yours isn’t one of them? These steps reduce the risk that your phone, TV box or smart device gets pulled into a proxy network without you realizing it.

1) Stick to official app stores

Only download apps from the Google Play Store or other trusted app marketplaces. Some apps hide small pieces of code that can secretly use your internet connection. These are often spread through third-party app stores or direct app files called “APKs,” which are Android app files installed manually instead of through the Play Store. When you sideload apps this way, you bypass Google’s built-in security checks. Sticking to official stores helps keep those hidden threats off your device.

2) Avoid “earn money by sharing bandwidth” apps

If an app promises rewards for sharing your unused internet bandwidth, that’s a major red flag. In many cases, that is exactly how residential proxy networks recruit devices. Even if it sounds legitimate, you are effectively renting out your IP address. That can expose you to abuse, blacklisting or deeper network vulnerabilities.

3) Review app permissions carefully

Before installing any app, check what permissions it requests. A simple wallpaper app should not need full network control or background execution privileges. After installation, go into your phone’s settings and audit which apps have constant internet access, background activity rights or special device permissions.

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4) Install strong antivirus software

Today’s mobile security tools can detect suspicious app behavior, unusual internet activity and hidden background services. Strong antivirus software adds an extra layer of protection beyond what’s built into your device, especially if you’ve installed apps in the past that you’re unsure about. Get my picks for the best 2026 antivirus protection winners for your Windows, Mac, Android and iOS devices at Cyberguy.com.

5) Keep your devices updated

Android security updates patch vulnerabilities that proxy operators may exploit. If you’re using an older phone, tablet or Android TV box that no longer receives updates, it may be time to upgrade. Unpatched devices are easier targets for hidden SDK abuse and botnet enrollment.

6) Use a strong password manager

If your device ever becomes part of a proxy network or is otherwise compromised, attackers often try to pivot into your accounts next. That’s why you should never reuse passwords. A password manager generates long, unique passwords for every account and stores them securely, so one breach does not unlock your email, banking or social media. Many password managers also include breach monitoring tools that alert you if your credentials appear in leaked databases, giving you a chance to act before real damage is done. Check out the best expert-reviewed password managers of 2026 at Cyberguy.com.

7) Remove apps you don’t fully trust

Go through your installed apps and delete or uninstall anything you don’t recognize or haven’t used in months. The fewer apps running on your device, the fewer opportunities there are for hidden SDKs to operate. If you suspect your device has been compromised, consider a full reset and reinstall only essential apps from trusted sources.

ANDROID MALWARE HIDDEN IN FAKE ANTIVIRUS APP

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Threat groups and state-linked actors allegedly used compromised devices to mask online activity and automate attacks. (Photo Illustration by Serene Lee/SOPA Images/LightRocket via Getty Images)

Kurt’s key takeaway

Residential proxy networks operate in a gray area that sounds harmless on paper but can quickly become a shield for cybercrime. In this case, millions of everyday devices were quietly enrolled into a system that attackers used to hide their tracks. Google’s takedown is a major move, but the broader market for residential proxies is still growing. That means you need to be cautious about what you install and what permissions you grant. Free apps are rarely truly free. Sometimes, the product being sold is you and your internet connection.

Have you ever installed an app that promised rewards for sharing bandwidth, or used a free VPN without thinking twice about it? Let us know your thoughts by writing to us at Cyberguy.com.

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Defense secretary Pete Hegseth designates Anthropic a supply chain risk

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Defense secretary Pete Hegseth designates Anthropic a supply chain risk

This week, Anthropic delivered a master class in arrogance and betrayal as well as a textbook case of how not to do business with the United States Government or the Pentagon.

Our position has never wavered and will never waver: the Department of War must have full, unrestricted access to Anthropic’s models for every LAWFUL purpose in defense of the Republic.

Instead, @AnthropicAI and its CEO @DarioAmodei, have chosen duplicity. Cloaked in the sanctimonious rhetoric of “effective altruism,” they have attempted to strong-arm the United States military into submission – a cowardly act of corporate virtue-signaling that places Silicon Valley ideology above American lives.

The Terms of Service of Anthropic’s defective altruism will never outweigh the safety, the readiness, or the lives of American troops on the battlefield.

Their true objective is unmistakable: to seize veto power over the operational decisions of the United States military. That is unacceptable.

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As President Trump stated on Truth Social, the Commander-in-Chief and the American people alone will determine the destiny of our armed forces, not unelected tech executives.

Anthropic’s stance is fundamentally incompatible with American principles. Their relationship with the United States Armed Forces and the Federal Government has therefore been permanently altered.

In conjunction with the President’s directive for the Federal Government to cease all use of Anthropic’s technology, I am directing the Department of War to designate Anthropic a Supply-Chain Risk to National Security. Effective immediately, no contractor, supplier, or partner that does business with the United States military may conduct any commercial activity with Anthropic. Anthropic will continue to provide the Department of War its services for a period of no more than six months to allow for a seamless transition to a better and more patriotic service.

America’s warfighters will never be held hostage by the ideological whims of Big Tech. This decision is final.

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