Criminals reportedly used Tesla CEO Elon Musk\u2019s face and voice to create a deepfake video in order to dupe crypto investors.<\/p>\n
What the criminals did was create a fake crypto exchange called \u2018BitVex\u2019 and used Elon Musk\u2019s deep fake video as a propaganda tool and promised investors up to 30 per cent returns.<\/p>\n
Deepfake cyber hacks are on the rise. Click here to read more about it and how to stay safe.<\/strong><\/a><\/p>\n Meanwhile, the global crypto market capitalisation went up by 2.27 per cent to $1.29 trillion as of 9.10 am. However, the global crypto volume was down by 13.84 per cent to $71.99 billion as per Coinmarketcap data.<\/p>\n
<\/p>\n Elon Musk deep fakes promote new cryptocurrency scam – @LawrenceAbrams<\/a>https:\/\/t.co\/2EkZibNm57<\/a><\/p>\n
Bitcoin (BTC), the world\u2019s oldest cryptocurrency, was trading at $30,066.39, higher by 2.86 per cent in the last 24 hours. Ethereum (ETH) was up by 1.14 per cent to $2,009.67.\u00a0<\/p>\n \u201cBitcoin dominance is on a high currently. Traders seem to be preparing for another altcoins season. At the moment, technical indicators appear to be neutral and upside will most likely be limited from here,\u201d says Gaurav Dahake, CEO and founder, Bitbns.<\/p>\n Among other significant coins, Cardano (ADA) was up by 1.45 per cent at $0.5284, Solana (SOL) was trading with a gain of 0.42 per cent at $50.01, Polkadot (DOT) was up by 2.01 per cent at $10.23, and Binance Coin (BNB) was up by 3.07 per cent at $335.37. However, Algorand (ALGO) was trading with a loss of 0.76 per cent at $0.4162.<\/p>\n Today\u2019s top gainer was Sweet SOL (SSOL), which was up by 562.82 per cent at $0.000000722. The top loser was LUNA DOGE TOKEN (LDT), which was down by 91.4 per cent at $0.000005656.\u00a0<\/p>\n Dogecoin (DOGE) was down by 0.26 per cent at $0.08397. Its volume to market cap ratio stands at 0.04237. Rival Shiba Inu (SHIB) was down by 0.08 per cent at $0.00001185.<\/p>\n
\u00a0 Cyber criminals also hacked several other YouTube channels, including an Arabic gaming channel to continue spreading this deep fake video.\u00a0<\/p>\n Bleepcomputer.com investigated the video segment by segment and found it to be completely fake. They also found out that the website Bitveg.org listed Elon Musk\u2019s, Cathie Woods of ARK Invest and Changpeng Zhao CEO of Binance praising them and even applauding their efforts. All of this was fake too.\u00a0
\n\u2014 BleepingComputer (@BleepinComputer) May 22, 2022<\/a><\/p><\/blockquote>\nCryptocurrency Prices<\/strong><\/h2>\n
Meme Coin And DeFi Prices<\/strong><\/h2>\n
\nDogelon Mars (ELON) gained 0.11 per cent to trade at $0.0000004921, Floki Inu (FLOKI) lost 0.32 per cent at $0.00001025 and Samoyed Coin (SAMO) gained 1.98 per cent at $0.005891.\u00a0<\/p>\n
\nIn the DeFi segment, YFI (yearn.finance) was up by 1.33 per cent at $9,191.46, and Terra (LUNA) was trading with a gain of 4.9 per cent at $0.0001752. Avalanche (AVAX) was up by 0.91 per cent at $29.49, Uniswap (UNI) was trading with a loss of 0.12 per cent at $5.72 and Aave (AAVE) was up by 6.55 per cent at $105.27.<\/p>\nLatest Update<\/strong><\/h2>\n
\nCriminals have become more advanced in executing cyber attacks, click here to know more about how you can protect yourself from online fraud<\/a>.<\/strong><\/p>\n<\/p><\/div>\n