In a Telegram announcement on Dec. 5, developers at NostrAssets, a Bitcoin infrastructure developer, advised users to refrain from making deposits temporarily, citing an influx of record-high user activity.

The service, facilitating transactions of Satoshis through the Lightning and Taproot Networks, reported onboarding over 70,000 new users since Oct. 30 and accumulating $11.8 million during the same period.

User communications

The announcement informed users to “Please await further announcements and do not attempt to deposit into NostrAssets for the time being,” coming just one day before earlier allegations were made from Fiatjaf for engaging in an affinity scam.

According to the Dec. 4 post, Fiatjaf, the mind behind the Nostr protocol enabling the interchange of social profiles and followers across platforms, asserted, “NostrAssets has nothing to do with the Nostr protocol itself. It just borrows Nostr in naming. You should not deposit any sats to this platform.”

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Author: Sarah Jansen

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