Plus Wallet’s Security Steals the Show as Fake Soneium Ad Sparks Panic; Tesla’s Bitcoin Shuffle Unveiled!

October 28, 2024
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4 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This week, a fraudulent Google ad claiming to promote Sony’s Soneium blockchain was uncovered as a wallet-draining phishing scam, highlighting the increasing wave of hacking attacks. In September alone, crypto schemes of this nature led to $46 million in losses.

In this high-risk climate, users need wallets that emphasize security. Plus Wallet meets this demand with advanced protection features while also providing easy passive income options. Thanks to its cross-chain compatibility, users can access various networks and unlock a wide range of benefits—all in a secure and user-friendly setup.

Meanwhile, a transfer of 11,509 BTC from Tesla’s Bitcoin wallet sparked speculation on X about a potential sell-off.

Sony Soneium Blockchain Ad: A New Crypto Threat

A recent Google-sponsored ad falsely promoting Sony's Soneium blockchain has been revealed as a crypto wallet drainer. On October 22, blockchain security firm Scam Sniffer discovered that users searching for “Soneium” were directed to a phishing site mimicking Sony’s blockchain platform.

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This malicious site contained software specifically designed to drain users' crypto wallets. The ad linked to a highly convincing webpage, closely resembling a legitimate platform, making the scam challenging to detect. This incident adds to a troubling rise in crypto-targeted hacking. Just last month, hackers stole $46 million from 10,800 victims through phishing schemes, with total crypto losses reaching $127 million in Q3 2024.

Tesla's Bitcoin Wallet Movement Stirs Speculation

Tesla’s Bitcoin activity recently sparked rumors of a potential sell-off. However, on-chain analytics firm Arkham Intelligence clarified that these were merely internal wallet reallocations, not sales. On October 20, Tesla moved 11,509 BTC—valued at approximately $771.8 million—between several wallets for storage restructuring purposes. Tesla continues to hold all 11,509 BTC, now spread across seven different wallets, each containing between 1,100 and 2,200 BTC.

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Despite speculation, there’s no evidence pointing to an actual sale. Some in the industry suggest that Tesla’s wallet restructuring might relate to securing a loan, but specifics remain unknown.

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Plus Wallet: Combining Top-Notch Security with Continuous Rewards

Navigating the crypto world means managing both immense opportunities and considerable risks. Plus Wallet stands out as a solution that lets users maximize their gains while keeping assets secure from the growing number of online threats. Here’s how Plus Wallet provides value to its users:

Plus Wallet offers top-level security, including powerful encryption that secures private keys on the user’s device. Users can feel confident in full asset control since only they know their recovery phrases, which allows them to access their wallets even if their device is lost or replaced. Plus Wallet’s two-factor authentication features, including Face ID and PIN, add extra protection, ensuring funds remain safe and under the user's full control.

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The platform’s unique "Swap to Earn" feature allows users to earn variable rewards with every crypto swap on Plus Wallet. Additionally, the "Refer to Earn" program enables users to gain bonuses based on their referrals' activity on the platform. Together, these options create a steady income stream that grows as Plus Wallet’s user base expands. Users can make use of these features while enjoying secure, user-friendly crypto management.

With its commitment to safety and continuous income potential, Plus Wallet remains one of the top choices for both crypto enthusiasts and those new to the digital currency space. Plus Wallet’s balance of easy rewards and secure asset management makes it the go-to crypto wallet for those seeking to explore crypto with peace of mind.

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The Best Crypto Wallet for Security & Earning in 2024

Tesla’s Bitcoin reallocation of 11,509 BTC underscores the need for strategic crypto management, while the fake Soneium ad scam highlights the dangers of phishing in today’s crypto landscape. Wallets with robust defenses like Plus Wallet stand out for their ability to protect assets and offer rewarding features in an easy-to-use interface.

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Plus Wallet continues to lead with its innovative 'Swap to Earn' and 'Refer to Earn' functions, empowering users to build wealth while prioritizing security. With a mobile-first approach, Plus Wallet is ideal for beginners and seasoned traders alike who wish to grow their assets without compromising safety.

Explore Plus Wallet:

Website: https://pluswallet.app/

Download: https://onelink.to/pluswalletapp

Twitter: https://x.com/pluswalletapp

Instagram: https://www.instagram.com/pluswallet.app/

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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