Honeypot Scam

In a honeypot scam, an attacker creates an illusion of a vulnerability in the system. While the user tries to exploit this vulnerability, the user's funds are locked in such that only the attacker has access to them.

Share this term

Ask

See full definition

Ask Price

See full definition

Crypto scoop

Sign up for our weekly newsletter

Stay informed with the latest updates to buy, sell, and store your crypto on the go.

phone

Download the Yellow Card app

Start trading crypto with ease

Get the Yellow Card app to buy, sell, and store your crypto on the go.