How to avoid falling for scams like "LYRA Early Adopter" fake page
Written by Tomas Meskauskas on
What is "LYRA Early Adopter"?
We have inspected register-lyra[.]finance and found it to be a copy of the real LYRA website (lyra[.]finance). This fraudulent website has been created by scammers who intend to lure unsuspecting visitors into taking certain actions that would result in the loss of their cryptocurrency funds. Thus, register-lyra[.]finance should not be trusted.
IMPORTANT NOTE: We do not review crypto projects, please do your own research when investing money.
Federal Trade Comission (FTC) states that since the start of 2021, more than 46,000 people have reported losing over $1 billion in crypto to scams – that's about one out of every four dollars reported lost, more than any other payment method.
"LYRA Early Adopter" in detail
Lyra (lyra[.]finance) is an Ethereum-based protocol for trading options with accurate, skew-adjusted pricing. It manages and hedges liquidity provider risks to encourage more liquidity. The native token, LYRA, is used for security deposits, governance votes, and incentivizing traders and liquidity providers.
The fake website (register-lyra[.]finance) features a message urging visitors to register as early adopters, claiming only those who sign up within the next 24 hours will be included. It also provides a registration link ("REGISTER NOW" button). Upon clicking this, the fraudulent site shows a form requesting users connect their wallets.
However, connecting a wallet on register-lyra[.]finance signs a malicious contract designed to activate a cryptocurrency drainer. This crypto drainer is created to transfer funds from the victim's wallet to the scammer's. Thus, connecting a wallet on register-lyra[.]finance can lead to significant cryptocurrency losses.
It is important to note that cryptocurrency transactions are irreversible. Thus, victims who fall for scam websites like register-lyra[.]finance lose their crypto funds permanently. Users should research crypto platforms before providing any sensitive information or making transactions to avoid identity theft, financial loss, or other possible consequences.
Name | Fake LYRA Early Adopter platform |
Threat Type | Phishing, Scam, Social Engineering, Fraud |
Fake Claim | Individuals can use the site to receive LYRA tokens |
Disguise | Legitimate LYRA website (lyra[.]finance) |
Related Domain | register-lyra[.]finance |
Detection Names (register-lyra[.]finance) | N/A (VirusTotal) |
Symptoms | Unofficial domain, lack of official verification, unrealistic claims, too good-to-be-true promises. |
Distribution methods | Compromised social media accounts, hijacked WordPress sites, rogue online pop-up ads, phishing emails, unwanted applications. |
Damage | Loss of sensitive private information, monetary loss, identity theft, possible malware infections. |
Malware Removal (Windows) | To eliminate possible malware infections, scan your computer with legitimate antivirus software. Our security researchers recommend using Combo Cleaner. |
Conclusion
Scammers constantly devise new methods to steal cryptocurrency from users. One of the recent tactics is creating fake websites designed to launch cryptocurrency drainers. Users should exercise caution with offers of free cryptocurrency or rewards and always research platforms thoroughly before engaging.
More examples of fake platforms similar to the one described in our article are "Dapp - Wallet Rectify", "MultiversX (EGLD) Rewards", and "AZUKI Elementals".
How did I open a scam website?
Scammers promote scam websites designed to activate cryptocurrency drainers through compromised WordPress pages and fake or stolen social media accounts. They also employ dubious pages that can send notifications, deceptive pop-ups, misleading advertisements, and similar tactics to lure users into visiting fraudulent pages.
Additionally, scammers utilize email, messaging apps, and similar tools to direct users to deceptive websites. Users might also encounter scam sites while visiting platforms that use rogue advertising networks, like torrent sites and illegal movie streaming services.
How to avoid visiting scam pages?
Do not permit suspicious websites to send notifications or trust ads, pop-ups, and similar content on shady pages. Download software from official websites or app stores and regularly scan your computer for unwanted or potentially malicious programs. Avoid opening links in suspicious emails or messages, especially when communications are irrelevant or unexpected.
Keep the operating system up to date, do not visit torrent sites and similar pages, and use a reputable security tool. If your computer is already infected with unwanted apps, we recommend running a scan with Combo Cleaner Antivirus for Windows to automatically eliminate them.
The appearance of the fake "LYRA Early Adopter" webite (GIF):
Screenshot of the real page (lyra[.]finance):
Instant automatic malware removal:
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Quick menu:
- What is Fake LYRA Early Adopter platform?
- How to identify a pop-up scam?
- How do pop-up scams work?
- How to remove fake pop-ups?
- How to prevent fake pop-ups?
- What to do if you fell for a pop-up scam?
How to identify a pop-up scam?
Pop-up windows with various fake messages are a common type of lures cybercriminals use. They collect sensitive personal data, trick Internet users into calling fake tech support numbers, subscribe to useless online services, invest in shady cryptocurrency schemes, etc.
While in the majority of cases these pop-ups don't infect users' devices with malware, they can cause direct monetary loss or could result in identity theft.
Cybercriminals strive to create their rogue pop-up windows to look trustworthy, however, scams typically have the following characteristics:
- Spelling mistakes and non-professional images - Closely inspect the information displayed in a pop-up. Spelling mistakes and unprofessional images could be a sign of a scam.
- Sense of urgency - Countdown timer with a couple of minutes on it, asking you to enter your personal information or subscribe to some online service.
- Statements that you won something - If you haven't participated in a lottery, online competition, etc., and you see a pop-up window stating that you won.
- Computer or mobile device scan - A pop-up window that scans your device and informs of detected issues - is undoubtedly a scam; webpages cannot perform such actions.
- Exclusivity - Pop-up windows stating that only you are given secret access to a financial scheme that can quickly make you rich.
Example of a pop-up scam:
How do pop-up scams work?
Cybercriminals and deceptive marketers usually use various advertising networks, search engine poisoning techniques, and shady websites to generate traffic to their pop-ups. Users land on their online lures after clicking on fake download buttons, using a torrent website, or simply clicking on an Internet search engine result.
Based on users' location and device information, they are presented with a scam pop-up. Lures presented in such pop-ups range from get-rich-quick schemes to fake virus scans.
How to remove fake pop-ups?
In most cases, pop-up scams do not infect users' devices with malware. If you encountered a scam pop-up, simply closing it should be enough. In some cases scam, pop-ups may be hard to close; in such cases - close your Internet browser and restart it.
In extremely rare cases, you might need to reset your Internet browser. For this, use our instructions explaining how to reset Internet browser settings.
How to prevent fake pop-ups?
To prevent seeing pop-up scams, you should visit only reputable websites. Torrent, Crack, free online movie streaming, YouTube video download, and other websites of similar reputation commonly redirect Internet users to pop-up scams.
To minimize the risk of encountering pop-up scams, you should keep your Internet browsers up-to-date and use reputable anti-malware application. For this purpose, we recommend Combo Cleaner Antivirus for Windows.
What to do if you fell for a pop-up scam?
This depends on the type of scam that you fell for. Most commonly, pop-up scams try to trick users into sending money, giving away personal information, or giving access to one's device.
- If you sent money to scammers: You should contact your financial institution and explain that you were scammed. If informed promptly, there's a chance to get your money back.
- If you gave away your personal information: You should change your passwords and enable two-factor authentication in all online services that you use. Visit Federal Trade Commission to report identity theft and get personalized recovery steps.
- If you let scammers connect to your device: You should scan your computer with reputable anti-malware (we recommend Combo Cleaner Antivirus for Windows) - cyber criminals could have planted trojans, keyloggers, and other malware, don't use your computer until removing possible threats.
- Help other Internet users: report Internet scams to Federal Trade Commission.
Frequently Asked Questions (FAQ)
What is a cryptocurrency scam?
Typically, this involves a deceptive scheme such as a fake cryptocurrency giveaway, airdrop, or investment offer, designed to persuade users that they will receive rewards (e.g., tokens) by completing specific tasks, like connecting their wallets or paying small fees.
What is the purpose of crypto scams?
Usually, the scammers behind these schemes aim to steal cryptocurrency or sensitive information, such as login credentials.
Why do I encounter crypto scams?
Scammers use compromised or fake social media accounts to spread cryptocurrency scams. They also use deceptive sites that can send notifications, misleading pop-ups, and advertisements. Additionally, they use emails, messaging apps, and rogue advertising networks on platforms like torrent sites and illegal streaming services to direct users to scam pages.
Will Combo Cleaner protect me from pop-up scams?
Combo Cleaner can detect malicious websites, including scam pages. Upon detection, you will promptly receive an alert, and access to the deceptive website will be blocked.
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