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How cybercriminals are exploiting digital twins to scam crypto users

cryptoweekly by cryptoweekly
May 5, 2025
in bitcoin, News
0

Digital twin technology is being weaponized by cybercriminals to impersonate individuals in the crypto space, but blockchain provides ways to combat these scams.

A digital twin is a virtual model or replica of a physical object, system or process. It’s like a digital mirror, allowing us to simulate, monitor and predict the behavior of real-world entities in real-time. 

These virtual counterparts are designed to pull data from physical sensors or inputs, providing a continuous feedback loop that helps with analysis, optimization and decision-making. Digital twins can represent almost anything, from machinery in a manufacturing plant to human behavior or entire cities.

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  • Crypto cycle is playing out ‘spookily similar’ to 2017: Raoul Pal
  • CoinMarketCap has 'identified and removed' malicious wallet scam
  • Bitcoin in a post-Trump world worries hedge fund execs: Eric Semler
  • Bitcoin futures premium falls to 3-month low despite strong BTC ETF inflows
  • Reddit weighs World’s scanning orbs for user verification — Report
  • Thai SEC opens consultation period for token issuance rules
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