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The Number of Dogecoin Suspicious Domain Registrations Has Exploded

Amy Liu

Summary: Suspicious domain registrations for cryptocurrency coins and exchanges have peaked over the last few months, with Dogecoin outpacing the next nearest coin, Ethereum, by 35 times in suspected fraudulent listings, a report by BrandShield showed. The craze for Dogecoin may be making investors more susceptible to cryptocurrency scams than any other coin. Yoav Keren, co-founder ...

Suspicious domain registrations for cryptocurrency coins and exchanges have peaked over the last few months, with Dogecoin outpacing the next nearest coin, Ethereum, by 35 times in suspected fraudulent listings, a report by BrandShield showed.

The craze for Dogecoin may be making investors more susceptible to cryptocurrency scams than any other coin. Yoav Keren, co-founder and CEO of BrandShield, said: “Cybercriminals use various fraud schemes to track funds and target retail investors in an increasingly frequent and complex manner. This shouldn’t surprise anyone.”

By Amy Liu

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