There’s been a spike in the number of Ethereum scams ahead of the merge event
The Ethereum merge event is likely to finally take place sometime between Sept. 13-16 after several years of delays. By switching to proof-of-stake, the blockchain will be able to cut its energy usage by roughly 99.95%.
Of course, it should be noted that the upgrade will not be accompanied by any airdrops or giveaways, which is why social media users should automatically discard such announcements as scams., fraudsters recently tricked thousands of people into watching a fake Apple stream on YouTube that was advertising a cryptocurrency scam during the tech giant’s September event.
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