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Coinwy > Blog > News > GreedyBear Scam Group Hits ‘Industrial Scale’ — XRP, Cardano, and Avalanche Investors Urged to Move Smart in Q4
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GreedyBear Scam Group Hits ‘Industrial Scale’ — XRP, Cardano, and Avalanche Investors Urged to Move Smart in Q4

Thiago Alvarez
Last updated: August 9, 2025 4:25 pm
Thiago Alvarez
Published: August 9, 2025
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GreedyBear Scam Hits ‘Industrial Scale’ — XRP and Avalanche Holders Urged to Secure Assets as Q4 Nears

A sophisticated phishing network known as GreedyBear has ramped up its attacks on crypto holders, with blockchain forensics firms now labeling the campaign as operating on an “industrial scale.” The coordinated scam has so far drained millions from wallets associated with XRP, Cardano (ADA), and Avalanche (AVAX), targeting users across browser extensions, fake airdrops, and impersonated support channels.

Contents
XRP, ADA, and AVAX Communities in the CrosshairsEthereum and XRP Whales Rotate Into Safer, High-ROI OpportunitiesMAGACOIN FINANCE — The Unexpected Winner of the Meme Coin RotationTakeaway: New Quarter, New Caution, New Plays

Security analysts say the surge in targeted attacks is timed with increasing market activity ahead of Q4, when most expect a renewed bull run. Investors are now being advised not only to upgrade their security practices, but also to re-evaluate where they’re storing and growing their capital.

XRP, ADA, and AVAX Communities in the Crosshairs

Blockchain security firm SlowMist revealed that GreedyBear has deployed over 700 phishing domains, many mimicking popular wallets and DeFi portals. Victims are largely users active in ecosystems like XRP and Cardano — communities that often engage in staking, DEX trades, and new token launches, making them easy bait for fake claims or urgent wallet updates.

Avalanche users haven’t been spared either. With AVAX Subnets gaining traction, scammers are exploiting the hype by launching lookalike project websites and fake ecosystem incentives.

“This is no longer isolated fraud — it’s organized theft at scale,” says one Chainalysis investigator.

Ethereum and XRP Whales Rotate Into Safer, High-ROI Opportunities

While chaos rattles the lower end of retail, bigger players are taking action. Wallet tracking tools show Ethereum and XRP whales quietly reallocating assets into presale-stage coins, likely as a hedge against both market instability and exploit risk.

This isn’t a random move — Q4 is historically bullish, and whales are looking for exposure to coins with strong narratives, large communities, and asymmetric upside potential. One altcoin drawing that kind of early attention is MAGACOIN FINANCE.

MAGACOIN FINANCE — The Unexpected Winner of the Meme Coin Rotation

Despite being labeled a “meme coin” by some, MAGACOIN FINANCE is proving it has serious traction. The project blends internet culture with political narrative, delivering a movement that’s catching on with the same kind of energy that launched Dogecoin and Shiba Inu.

Security-conscious investors are intrigued by MAGACOIN’s fully decentralized presale setup, meaning no single point of failure for attackers. With no team tokens and an open, KYC-free model, it offers a level of transparency and autonomy that’s become rare.

Add to that a fast-growing Telegram group and exchange listings rumored for Q4, and it’s clear why whales are rotating in now.

Takeaway: New Quarter, New Caution, New Plays

As Q4 nears and scams like GreedyBear escalate, crypto holders are waking up to a new rule: security is part of strategy. While XRP, ADA, and AVAX remain strong projects, the key may be to act early, diversify smartly, and keep one step ahead of both scammers and the crowd.

For many high-net investors, MAGACOIN FINANCE is becoming the play of choice, not just for memes, but for massive ROI potential wrapped in a safer presale structure.

To learn more about MAGACOIN FINANCE, visit:

Website: https://magacoinfinance.com
Presale Access: https://buy.magacoinfinance.com/uzt
Twitter/X: https://x.com/magacoinfinance
Telegram: https://t.me/magacoinfinance

Disclaimer: This article is promotional and was not written or reviewed by the coinwy.com editorial team.

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