Investors Warned of Prevalent Cryptocurrency Scams as Hacken Shares Insights

Recent security insights have indicated that cryptocurrency scams, particularly rug pulls, are on the rise, with Hackens latest report shining a light on their prevalence. Released on October 25, the report delves into the third quarters crypto hacking trends and how different projects have reacted to such threats. Rug pulls have become the primary focus due to their surge in numbers. In such scams, the team behind a project artificially boosts their tokens value before abruptly withdrawing the liquidity, leaving investors at a loss. Shockingly, over 65% of all cryptocurrency hacks in Q3...

source: https://tokenpost.com/Investors-Warned-of-Prevalent-Cryptocurrency-Scams-as-Hacken-Shares-Insights-10878

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Published by: Book Club
Source: NewsService