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“Payzero” Scams and The Evolution of Asset Theft in Web3
“Payzero” Scams and The Evolution of Asset Theft in Web3 Cyber Threats In this entry, we discuss a Web3 fraud scenario where scammers target potential victims via fake smart contracts, and then take over their digital assets, such as NFT tokens, without paying. We named this scam “Payzero”. By: Fyodor Yarochkin, Vladimir Kropotov, Jay Liao January 18, 2023 Read time: ( words) Web3 is a lucrative emerging technology where many participants seek quick profit via…
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