Chainabuse empowers anyone in the community to report scams or other fraudulent activities in the crypto space.
Players like Solana Foundation, Circle, TRM Labs, Hedera, the Aave Companies, Binance.us, and Civic are contributors to the scam reporting platform.
One of the biggest worries for investors in the crypto space is being victims of the scams taking place in the crypto space. Although the crypto industry has grown fast in terms of the user base, scams of different magnitude continue to hit the market. A recent example is cybercriminals hacking Beeple’s Twitter account in an NFT phishing scam.
Top firms from the crypto industry have joined hands by launching a new community-powered scam reporting platform, Chainabuse. The participants include popular names like Solana Foundation, Circle, TRM Labs, Hedera, the Aave Companies, Binance.us, and Civic.
The power of any given industry lies in the power of its community. Thus, big players coming together to fight the bad actors is
