European authorities managed to identify and arrest six people for fraud after they had created a website that mimicked Blockchain.com to lure their victims to provide them with the information they needed to steal their cryptocurrency from their wallets, according to a report by Avon and Somerset Police.
The hackers used a simple technique known as “typosquatting,” which involves purchasing a domain name that is similar to the one belonging to the entity they’re trying to imitate, essentially providing a near-perfect mirror illusion to visitors.
As far as the South West Regional Cyber Crime Unit from t...
