https://arab.news/mxbyp
The XYZVerse team has alerted its community to an increase in phishing scams and impersonation attempts by malicious actors posing as official representatives. The warning has been posted on XYZVerse’s official X account. These scammers are distributing fraudulent links, attempting to deceive users into revealing sensitive wallet information or transferring funds under false pretenses.
The rise in scam activity comes as XYZVerse gains momentum within the Web3 and meme coin space. With a growing community, rising visibility, and ongoing project development, the platform has become a target for opportunistic attackers seeking to exploit its success.
To maintain transparency and security, XYZVerse has undergone independent security audits conducted by Pessimistic and SolidProof, two established firms in the Web3 security space. These audits are designed to assess and validate the integrity of the project’s smart contracts, helping to identify potential vulnerabilities before malicious actors can exploit them.
The project’s official Polygon-based token address is publicly available on the XYZVerse website, and XYZ tokens are only available for purchase through the official website: xyzverse.io.
Warning signs of a scam:
- Messages from fake “XYZVerse Support” or team members
- Suspicious links promising exclusive airdrops or claiming token sale updates
- Requests for wallet access, seed phrases, or private keys
Fake communication often mimics the tone and branding of the project’s official channels. These attempts have included messages from unaffiliated Telegram or social media accounts, links to counterfeit airdrops, and websites mimicking the xyzverse.io domain. No legitimate communication will request wallet credentials, seed phrases, or private access information.
XYZVerse is actively monitoring the situation in coordination with its security partners and will continue taking steps to minimize exposure to fraudulent activity. Updates will be shared through established and verified communication channels.