Many blockchain and cryptocurrency users are interested in Solana’s growth. But while reputable developers are building on the scalability-focused blockchain, crypto scammers are taking advantage of new users to exploit them.

Phishing scams and rug pulls are common on the Solana network, with bad developers creating crypto solutions to steal from the unsuspecting public. So, people in the Solana community need to know how to tell the difference between genuine blockchain solutions and scams.

Even though users are more aware of phishing scams and how to avoid them, crypto thieves have found more sophisticated ways of stealing money without extended interaction. For instance, a Solana user said he was exploited by simply clicking a link in an X post. The user said that the scammer was able to access his wallet and withdraw his tokens without needing any authorization.

So, crypto users using blockchain networks like Solana need to know how to avoid scammers and take advantage of the growing opportunities in the Solana blockchain ecosystem. Blockchain users, especially those familiar with the Ethereum Virtual Machine (EVM), need to understand the difference when usi…

The post Staying Safe on Solana: A Guide to Avoiding Crypto Scams appeared first on Coin Edition.

Many blockchain and cryptocurrency users are interested in Solana’s growth. But while reputable developers are building on the scalability-focused blockchain, crypto scammers are taking advantage of new users to exploit them.

Phishing scams and rug pulls are common on the Solana network, with bad developers creating crypto solutions to steal from the unsuspecting public. So, people in the Solana community need to know how to tell the difference between genuine blockchain solutions and scams.

Even though users are more aware of phishing scams and how to avoid them, crypto thieves have found more sophisticated ways of stealing money without extended interaction. For instance, a Solana user said he was exploited by simply clicking a link in an X post. The user said that the scammer was able to access his wallet and withdraw his tokens without needing any authorization.

So, crypto users using blockchain networks like Solana need to know how to avoid scammers and take advantage of the growing opportunities in the Solana blockchain ecosystem. Blockchain users, especially those familiar with the Ethereum Virtual Machine (EVM), need to understand the difference when usi…

The post Staying Safe on Solana: A Guide to Avoiding Crypto Scams appeared first on Coin Edition.