Litecoin Wallets Hit By Large-Scale Dusting Attack, So What Is It?

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Reports are emerging that Litecoin wallets have been hit by a new kind of cyber-attack called dusting. It has not affected LTC markets but is something that crypto traders and holders should be aware of. Binance Academy offered an explanation. Litecoin Getting Dusted? There has been a flurry of activity over the past couple of hours on crypto twitter as reports are emerging of a new cyber-attack which has targeted Litecoin users. Binance Academy tweeted an alert leading to a detailed explanation earlier. “Approximately 5 hours ago there was a large-scale dusting attack on @Litecoin users.” Approximately 5 hours ago there was a large-scale dusting attack on $LTC @Litecoin users. One of many transactions: https://t.co/zgk9gPRNcU Here's what you need to know and how to protect yourself:https://t.co/KNVoQLwBUb — Binance (@binance) August 10, 2019 In short, a dusting attack is when scammers attempt to break the privacy of a cryptocurrency, Litecoin in…

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