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Beware! Fraudulent Uniswap Airdrop Campaign Targeting DeFi Users, Here’s How To Stay Safe

source-logo  bitcoinworld.co.in 18 February 2024 04:13, UTC
  • Scammers are now pushing a fraudulent Uniswap airdrop campaign to capitalize on the excitement surrounding the Uniswap v4 upgrade.
  • A fraudulent Uniswap airdrop PR is circulating on reputable crypto news outlets.

Irrespective of the industry, scammers are always looking for the next trendy thing they can piggyback on to trick users out of their money.

In the latest instance, these malicious actors look to be riding the excitement surrounding the announcement of the timeline of Uniswap‘s v4 upgrade.

Following the announcement, a fraudulent press release of a Uniswap airdrop has made the rounds online.

Is Uniswap Giving Away $10 Million UNI?

Over the past few hours, a press release has made its way to several reputable crypto news outlets claiming that Uniswap is offering $10 million worth of UNI in airdrops to old and new users to commemorate the launch of Uniswap v4.

This campaign, however, appears to be fraudulent.

How To Stay Safe

With airdrops coming back in style amid favorable crypto market tailwinds, airdrop scams like this one targeting Uniswap users are becoming more commonplace, running rampant on social media platforms like X and now making their way to reputable news outlets.

Below are tips to avoid falling victim to these types of scams:

  • Always endeavor to confirm from official sources before joining an advertised campaign.
  • Always double-check website URLs before connecting your wallet or signing transactions.
  • Contact solution providers when unsure.

Nevertheless, there have not been any reports of losses due to the fraudulent Uniswap airdrop campaign.

Disclaimer: The information provided is not trading nor financial advice. Bitcoinworld.co.in holds no liability for any trading or investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any trading or investment decisions.

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