Key Takeaways:
- Twitter User nikhilchallagulla has reported to PeckShield Team that apecoin[.]gives a phishing site, so we advise our readers not to use it.
ApeCoin is an ERC-20 governance and utility token used to empower decentralized community building at the forefront of web3. It is a decentralized project inspired by Yuga Labs’ Bored Ape Yacht Club project. ApeCoin holders govern themselves via ApeCoin DAO and vote on how the ApeCoin DAO Ecosystem Fund should be used.
http://Apecoin.com is the only official website. So users should always be highly suspicious when connecting their wallet to any other website, and they should never type their seed phrase. Apecoin Project is very trending nowadays, so scams around it are also increasing at a faster pace. After the investigation of this scamming link https://apecoin.gives/. All buttons on this website are working. They have listed all the information, including FAQs, Roadmap, etc. So that site looks genuine. Below is the screenshot of a phishing link website.
Last month, we saw a similar ApeCoin Phishing Link Scam. Apecoin Team at that time has tweeted and advised its users to stay safe from these scams. So Just after Apecoin’s official Airdrop, there was a Flashloan Attack. Attacker firstly arbitraged about 60,564 Ape tokens, worth about $400,000. Then Attacker borrowed BAYC tokens and then redeemed them to get BAYC NFTs. Then he used BAYC NFTs to claim the AirDrop APE token. So Apecoin is the primary target for attackers and scammers. So users should be more careful.
We will advise our readers not to click on any suspicious links to buy crypto and NFTs. Phishing Link cases are increasing nowadays, so please stay alert and always check official links.
