Earlier this week, a fake Google ad promoting Sony’s Soneium blockchain was revealed to be a wallet-draining phishing fraud, adding to the growing wave of hacking attacks. In September alone, $46 million in crypto was lost to such schemes.

In this high-risk environment, users need wallets that prioritize security. Plus Wallet rises to the challenge, offering users advanced security features along with easy passive income opportunities. With its cross-chain compatibility, users can tap into different networks and enjoy a wide range of benefits, all within a secure and user-friendly platform.

In other news, a movement of 11,509 BTC from Tesla’s Bitcoin wallet sparked rumours of a sell-off on X.

Sony Soneium Blockchain Ad: The Latest Crypto Drainer

A recent sponsored Google ad, falsely claiming to promote Sony’s Soneium blockchain, was exposed as a crypto wallet drainer. On October 22, blockchain security firm Scam Sniffer revealed that searching for “Soneium” led users to a phishing site disguised as Sony’s platform. 

The site hid malicious software designed to drain crypto wallets. The ad linked to a page that closely resembled a legitimate site, making it difficult to detect the phishing scam. This adds to the growing trend of crypto-related hackers. In September alone, $46 million was stolen from 10,800 phishing victims, with $127 million in crypto losses reported in Q3 2024.

What’s Happening with the Tesla Bitcoin Wallet?

Tesla’s recent Bitcoin movements sparked speculation about possible sell-offs, but Arkham Intelligence has clarified they were simply wallet reallocations. The on-chain analytics firm explained that 11,509 BTC, valued at $771.8 million, were transferred from the Tesla Bitcoin wallet into several others. 

Despite the initial speculation, Tesla still owns the Bitcoin, now distributed across seven wallets, each holding between 1,100 and 2,200 BTC. Some believe the movement could be linked to securing a loan, though no further details have been confirmed.

Plus Wallet: High Security Meets Continuous Rewards

The crypto market has great opportunities but also serious risks. So how can traders maximize gains while keeping their assets safe from hackers? This is where Plus Wallet steps in, offering users an easy way to earn while managing their assets without compromising on security. 

Plus Wallet’s “Swap to Earn” feature gives users variable rewards for every crypto swap on the platform. Adding to this, the “Refer to Earn” option allows users to earn rewards based on their referrals’ trading activity. Together, these features create a continuous passive income that grows as the platform expands.

On the security front, Plus Wallet offers solid protection with several security features. The wallet uses strong encryption and stores private keys directly on the user’s device, keeping assets safe from external threats while giving users full control. 

Only the user knows their recovery phrase, which is essential for accessing the wallet if the device is lost or replaced. Plus Wallet also provides two-factor authentication with Face ID and PIN code for added security. 

Whether they’re making regular swapping or holding assets, users can feel confident that their funds are secure and that they have full control over their assets. This combination of unlimited rewards and strong security makes Plus Wallet one of the best crypto wallets on the market. It’s a solid choice for anyone looking to explore crypto opportunities without worrying about the safety of their assets.

The Best Crypto Wallet For Security & Gains in 2024

The movement of 11,509 BTC from Tesla’s Bitcoin wallet was simply a reallocation. Tesla still holds the Bitcoin, now distributed across seven wallets, though the reason for this shift is unclear. At the same time, the wallet-draining phishing scam disguised as a legitimate Soneium Blockchain ad highlights just how advanced hackers have become in the crypto world.

While traditional wallets may struggle with these threats, Plus Wallet excels by providing strong security and income-boosting features like ‘Swap to Earn’ and ‘Refer to Earn.’ Its mobile-first, user-friendly design makes it the best crypto wallet for beginners and experienced traders who want to maximize crypto gains without sacrificing 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/ 

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