Coinbase has emerged as the most impersonated brand in Web3 scams, reflecting the rising threat of phishing attacks and other fraudulent activities in the crypto space. Scammers often exploit the trust users place in well-known brands to deceive them into revealing sensitive information or transferring funds. To prevent falling victim to such scams, it is crucial to verify the authenticity of communications, use two-factor authentication, and stay informed about the latest security practices.
Disclaimer: Please note that the information provided in this article is based on the referenced research articles. It is essential to conduct further research and analysis before making any investment decisions. The cryptocurrency market is highly volatile, and investors should exercise caution and consult with financial professionals before engaging in cryptocurrency trading or investment activities.