Social engineering refers to the manipulation of individuals into divulging confidential information or granting unauthorized access, making it a significant threat in the cryptocurrency space. Unlike traditional hacking, which exploits technological vulnerabilities, social engineering targets human nature. Attackers often use tactics like creating urgency, impersonating trusted figures, and psychological manipulation to deceive their victims. Common types of scams include phishing, impersonation, giveaway scams, romance scams, and fake investment platforms. These scams thrive due to factors such as fear, urgency, and the lack of cybersecurity knowledge among many crypto users. To protect oneself, individuals should be vigilant, enable two-factor authentication, verify links, educate themselves on scams, and use secure wallets for storing crypto assets. Overall, heightened awareness and security habits are essential to combat the increasing wave of social engineering in the crypto world.

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