Release: 2024/05/20 17:14 Reading: 220
Cover image via U.Today
Dogecoin Founder Billy Markus has shared a crucial message to advertisers on social media platforms like . Known as a vocal activist on , the Dogecoin founder has revealed the primary reasons why users block ads that appear on their timelines.
Malware Menace
According to Markus, users are less inclined to block ads if website advertisers refrain from creating pop-ups laden with malware and other malicious content. His remarks come amidst escalating concerns about scams on social media platforms like .
"dear all websites, we are less likely to block your advertisements if your advertisements don't pop up malware and other bogus crap—it's your fault that people block ads" — Shibetoshi Nakamoto (@BillyM2k) May 20, 2024
In the Web3 realm, social media serves as a primary channel for connecting with users, and scammers often exploit this. Crypto projects like Shiba Inu (SHIB) and Ripple have issued repeated warnings to their communities to remain vigilant against fraudulent claims on .
As Billy Markus emphasized, advertisers bear responsibility for users blocking their ads. Reacting to the Dogecoin founder's post, users emphasized the importance of projects, websites, and advertisers being truthful about their offerings.
Users must exercise caution, particularly in the crypto ecosystem, where a single click on social media can lead to account compromise.
Combating Crypto Scams
As the digital currency landscape evolves, so does the sophistication of criminal activity. Just last week, U.Today reported that a Bitcoin whale lost a staggering 1,155 BTC, marking one of the largest heists of 2024.
Despite the numerous scams recorded in recent years, one strategy has proven effective in combating this persistent fraud: community awareness.
In addition to regular advisories from Shiba Inu and Ripple executives, Cardano Founder Charles Hoskinson has also joined the campaign, highlighting the role of AI Deepfakes. Ultimately, users should be wary of advertisements that offer too-good-to-be-true deals.
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