The cryptocurrency industry has seen remarkable development hitting a $3 trillion market cap in 2021.
With the ascent in crypto adoption across the globe, rising hacks and tricks rates focus on the crypto clients are a downside for the industry.
Chainabuse is determined to help make the crypto verse a more secure spot for cryptocurrency clients across the globe. I invite you to go checkout chainabuse in supporting their mission and assist chainabuse with distinguishing tricks or hacks focusing on the blockchain.
What is Chainabuse?
As stated on their website,
Chainabuse is a multi-chain community platform that lets anyone file a report on and learns about crypto hacks, scams, and fraudulent activity so they can more safely participate in the growing crypto economy.
In the cryptoverse, trust is one key issue when it comes to earning income on crypto assets. Many, not just hackers are designing strategies to offer crypto investment opportunities which comes at the high cost of losing your crypto asset when deployed to a third party.
To this effect, chainabuse is one crypto tool to identify any unfamiliar crypto investment programs. This is when the investment scheme has been identified as fraudulent on chainabuse. If you have fallen victim to any crypto activities and wish to help the cryptoverse safe, why not use chainabuse to help others stay safe in the space.
You might be wondering how this tool really works, it works just like Trustpilot.
How to use Chainabuse
Head over to chainabuse.com and on the home page, simply enter an address or URL of your query on the search box and hit enter to search.
Let's take an example of binance.com domain

After typing our URL of binance.com, hit enter or search for the query. Since binance is a well-known crypto exchange, our goal is not to search if binance is a scam website but rather to find URLs related to the binance domain (phishing attacks)
After the search, here are our results:

The search displays a phishing attack, this type of attack is popular in the cryptoverse so always double-check your URL.
There could still be an unreported domain used for scams, if you suspect a domain is used for a scam, you should help out report the domain using chainabuse.
You can find reports by category and by chain, which makes it easy to find out where attacks are common by chain. Ethereum always tops the list compared to my recent check-ins.
Think you are safe in crypto unless you are attacked, then you will know, take a look at some reports which look like they're coming from crypto amateurs.

Once an address has been reported, chainabuse will provide you with the information provided by the reporter. Note, that anybody can report an address or URL when they find fraudulent activities with it.
To participate, that is file a report and comment, you need to signup an account with chainabuse and verify your email.

But searching for addresses or URLs to find if they are related to scam reports are anonymous, you just need to type your URL or address in the search bar of the website and hit enter.

Chainabuse is one helpful tool to fight ongoing scams in the cryptoverse in real-time.
The cryptoverse is a revolution and there is a need for innovation of products, tools and services to help keep the space safe. Chainabuse is helping to provide a valuable tool. Go check out this tool and let's make the cryptoverse safe by making chainabuse achieve its mission.
I hope to provide you with helpful information and do not mean to abuse you with information or act as an endorsement for chainabuse.
Thanks and stay tuned for more information to come your way by following and smashing the thumbs up button.
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