TechFlow reports that security firms are warning of AI-driven deepfake scams increasingly threatening cryptocurrency holders. Gen Digital reported a significant rise in such scam activities in the second quarter of 2024, with the "CryptoCore" group having stolen over $5 million in cryptocurrency. Web3 security firm CertiK expects these attacks could extend beyond video and audio, potentially deceiving wallets using facial recognition.
Experts advise users to stay vigilant, understand the associated threats and protective tools, remain cautious of unsolicited requests for funds or information, and enable multi-factor authentication. Users should also be aware of deepfake indicators, such as unnatural facial expressions, eye movements, and lack of emotion.
