Bitpanda has issued a critical alert on SMS-based phishing, scams.
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Author: Nidhi Kolhapur
Author: Nidhi Kolhapur
Nidhi Kolhapur 
Author
Nidhi is a certified digital marketing executive and passionate crypto journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
August 14, 2024 17:24
Nidhi Kolhapur
Author
Nidhi is a certified digital marketing executive and passionate crypto journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Bitpanda has issued a critical alert to its users and the wider crypto community, warning of an increase in SMS-based phishing and phishing attempts targeting user accounts. In a recent post, Bitpanda warns crypto users to beware of fraudulent scam messages, adding that it never asks users to call anywhere or send money. Bitpanda also claims that it does not require additional user account balance, password, 2FA or SMS code to provide security instructions. This warning highlights the ever-increasing sophistication of fraudsters.
