xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
xuanling11Crypto Paycheck
Photo by Mario Gogh on UnsplashEmployees will receive their paycheck in the period as a reward for their work. However, the employer wants to pay less to employees so that they can have maximum profits. The tension between working and anti-working has increased ever since. TL;DR Nobody wants to work unless they can pay fairly. Fiat payment may not be sustainable to satisfy what workers can contribute if the employer continues paying less and gaining more from profits. Employees will want thei...
xuanling11Defi Review #4: AAVE The Defi Lending Services
AAVE is a decentralized finance lending service before decentralized finance even existed. It is an innovation lending service in crypto and one of the first kind. However, the lending service may only restrict to the crypto community and it may expand into the traditional financial field later. TL;DR AAVE is a crypto lending financial service which to provides lending services to the crypto community. They focus on security and smart contract lending may be the future of financial services. ...
xuanling11Stablecoin Crisis
Stablecoin is in the crisis mode. The most reputable stablecoin USDC is depegged. It is all triggered by the traditional bank collapse - Silicon Valley Bank or SVB collapse. Why traditional bank collapse impacts crypto stablecoin? Let's sort this out and reveal how stablecoin operates. First, why SVB collapse? The short answer is overleveraged. SVB is one of the 20 largest commercial banking in the United States. Some even estimate the bank owned half of startup assets. Bank operated in ...
Subscribe to xuanling11
Subscribe to xuanling11
Share Dialog
Share Dialog
Discord is the main channel for Web3. Many people virtually hand out in Discord nowadays and chat through many channels. Scammers are also hidden there and wait for rug-pulling users.
TL;DR
I will show you 3 common Discord scams and how to avoid them.
Common Scams
There are 3 common scams in Discord. Ask for the invitation, Provide help, and Promote products.
Ask for the Invitation
It is a common direct message received from an unknown person. They usually create hype with huge rewards that are too good to be true. And they urged you to join with amazing opportunities that many people are interested in. the problem is that the link may include a fake site that potentially brings you to another page that asks for private and sensible information such as your wallet private keys or tried to connect your wallet with their site.
Another invitation is to inform a big reward or winning of some kind of price out of nowhere. Be sure to not click the link that will also bring you to the unknown site and trick you to provide information.
Provide help
This is another common direct message once you asked questions on the channel. It will automatically send a support message to offer help. Once you discussed with them, you will likely receive a suspicious site or a form that requires you to fill out sensitive information.
Promote products
This is the third type of direct message. They either promoted scam NFTs or other well-known products that offer you a great discount. Again, you will have to click the link, then a suspicious site or a form that requires you to fill out sensitive information.
Scam Pattern
You got the idea. Scammers want you to provide your information through their social engineering method and trick you into their scheme.
How to AVOID
First, you can stop the function of the direct message just through your Discord user settings.
Second, you can check their servers in common. The less in common, the more likely it is a scam.
Third, ignore the direct message. Just try not to respond or to click any links at all.
In conclusion
Discord scams are getting more and more serious. Be mindful of each direct message to protect yourself.
Discord is the main channel for Web3. Many people virtually hand out in Discord nowadays and chat through many channels. Scammers are also hidden there and wait for rug-pulling users.
TL;DR
I will show you 3 common Discord scams and how to avoid them.
Common Scams
There are 3 common scams in Discord. Ask for the invitation, Provide help, and Promote products.
Ask for the Invitation
It is a common direct message received from an unknown person. They usually create hype with huge rewards that are too good to be true. And they urged you to join with amazing opportunities that many people are interested in. the problem is that the link may include a fake site that potentially brings you to another page that asks for private and sensible information such as your wallet private keys or tried to connect your wallet with their site.
Another invitation is to inform a big reward or winning of some kind of price out of nowhere. Be sure to not click the link that will also bring you to the unknown site and trick you to provide information.
Provide help
This is another common direct message once you asked questions on the channel. It will automatically send a support message to offer help. Once you discussed with them, you will likely receive a suspicious site or a form that requires you to fill out sensitive information.
Promote products
This is the third type of direct message. They either promoted scam NFTs or other well-known products that offer you a great discount. Again, you will have to click the link, then a suspicious site or a form that requires you to fill out sensitive information.
Scam Pattern
You got the idea. Scammers want you to provide your information through their social engineering method and trick you into their scheme.
How to AVOID
First, you can stop the function of the direct message just through your Discord user settings.
Second, you can check their servers in common. The less in common, the more likely it is a scam.
Third, ignore the direct message. Just try not to respond or to click any links at all.
In conclusion
Discord scams are getting more and more serious. Be mindful of each direct message to protect yourself.
<100 subscribers
<100 subscribers
No activity yet