Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.
Blur users have been recently warned about a new threat on the platform. A group of hackers has released a drainer on Blur.io. This drainer is now being sold by the group, which allows anyone who purchases it to create scam projects or send phishing links that can result in significant losses among Blur users.
The hackers are selling their application on various Telegram channels, and users are advised to stay away from them. There is a risk that some of these channels may be fake or honeypots, designed to lure unsuspecting victims into sending their funds to scammers.
The Blur platform is known for its high level of security and privacy, but this new threat is a reminder that users must remain vigilant. It is crucial that users do not interact with suspicious websites or dApps that claim to be affiliated with Blur as they might fall victim to this new hacking scheme.
Only a few days ago, Blur saw a significant decline in its token value due to the rise of concerns about the upcoming airdrop of new tokens. While airdrops can be beneficial in rewarding loyal investors and generating interest in a cryptocurrency project, the influx of new tokens can lead to a problematic oversupply situation.
Investors fear that the upcoming airdrop of new tokens will only worsen the current downward pressure on the token's value. This fear stems from the fact that when new tokens are released, existing token holders receive free tokens, leading to more selling pressure on the market.
Blur has not yet made an official statement regarding the drainer release, but it is expected that the company will take the necessary steps to mitigate the impact of this new threat to its users.
Vladislav Sopov