What is a rug pull in crypto and 6 ways to spot it?
Ever heard of crypto rug pulls? Find out what they are and how to identify the six warning signs that could protect your hard-earned money from disappearing overnight.
Related Posts
How security, education and regulation can mitigate rising crypto scams
Crypto losses to bad actors have significantly increased in the last two years, but cybersecurity experts believe there is no cause for concern, as most new tech is exploited during the early days of its use. According to blockchain security firm CertiK’s annual Web3 security report for 2022, malicious actors drained over $3.7 billion in value…
SEC lawsuit against Binance stalls Gopax acquisition deal in South Korea
The country’s financial watchdog claimed it was very difficult to accept the acquisition requests amid accusations of securities laws violations. 354 Total views 5 Total shares The United States Securities and Exchange Commission’s (SEC) lawsuit against Binance could damage the crypto exchange’s business opportunities in South Korea.A report published in a South Korean daily suggests that…
How to play and earn in CryptoKitties
Reminiscent of Tamagotchi and Pokémon, the wildly popular digital pets and creatures of the 1990s, CryptoKitties is a blockchain-based game where players can collect, trade and breed digital virtual cats. CryptoKitties was the first Ethereum-based game, and its popularity underscored many of the network’s scaling issues.This digital cat-breeding blockchain game caused quite a bit of…
Crypto’s recovery requires more aggressive solutions to fraud
It’s hardly an exaggeration to say that our industry is facing tough times. We’ve been in the midst of a “crypto winter” for some time now, with the prices of mainstays, including Bitcoin (BTC) and Ether (ETH), tumbling. Likewise, monthly nonfungible token (NFT) trading volumes have fallen more than 90% since their multibillion dollar peak…
Cointelegraph Consulting: DeFi projects launch on Polygon, usage skyrockets
Strolling through the numbers of the Aave and 1inch versions on Polygon as the network gains its momentum. 28001 Total views 19 Total shares In the midst of the hectic crypto market, the gas fees in the decentralized finance (DeFi) sector have skyrocketed, once again highlighting the value of layer-two scaling solutions. Cointelegraph Consulting teamed…
Maze Hacker Group Claims Infecting Insurance Giant Chubb with Ransomware
Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data.Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told Cointelegraph on March 27 that Maze published the claim on its website. While the website does not provide any direct…
2 reasons why Bitcoin Ordinals are ‘positive’ for the BTC: Grayscale
Ordinals have been a controversial topic within the Bitcoin community but crypto investment firm Grayscale says there’s two main reasons to be optimistic. 147 Total views 2 Total shares Own this piece of history Collect this article as an NFTBitcoin (BTC) Ordinals — also known by some as Bitcoin NFTs — could renew developer enthusiasm…
Crypto options desk QCP Capital wins Abu Dhabi license: Report
The in-principle approval enables QCP Capital to offer regulated digital asset activities in the region.