In 2021, victims of scams lost $7.7 billion worth of cryptocurrency to scammers, per a recent report, an 81% rise in losses compared to last year. A key source of rising cryptocurrency scams in 2021 was ‘rug pulls,’ which accounted for 37 per cent of all cryptocurrency scam revenue in 2021, at $2.8 billion.
Latest addition to this to the list
Staking and farming platform Bent Finance has become the latest victim to get hacked this month. Here are the interesting turn of events that took place,
Ben
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