Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Researchers Unveil Crypto Scam Involving 15,000 Twitter Bots

Published 08/08/2018, 04:43 AM
Updated 08/08/2018, 06:00 AM
 Researchers Unveil Crypto Scam Involving 15,000 Twitter Bots

Researchers at digital security provider Duo Security have discovered a massive and sophisticated botnet broadcasting fake cryptocurrency giveaways on Twitter.

As revealed in a report released on Monday, the social media platform hosts at least 15,000 crypto scam bots. The discovery was made after the analysis of 88 million Twitter accounts from May to July. Using machine learning algorithms, the researchers illustrated the architecture of automated Twitter accounts and shed light on their behavior.

The paper, titled “Dont @ Me: Hunting Twitter Bots at Scale,” described the malicious nature of the bots. Typically, they impersonate the legitimate accounts of well-known crypto personalities, crypto exchanges, celebrities, and influential people, among them US President


This article appeared first on Cryptovest

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.