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DeFi sees $760m wiped in crypto’s most common scam | Magnate Finance $6.4 million, BALD $6 million | Inshorts – Inshorts

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DeFi sees $760m wiped in crypto’s most common scam | Magnate Finance $6.4 million, BALD $6 million | Inshorts – Inshorts

Last year, rug pulls and related scams totalled up to $760 million. They were also the most common type of crypto attack, per a third-quarter report from blockchain security auditor Hacken. DL News took a look at some of the most major incidents. Bad actors stole $1.7 billion last year, rug pulls accounted for a significant portion of the losses. 

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