Post
Topic
Board Altcoin Discussion
Re: DeFi hacks is becoming a joke
by
dunfida
on 05/03/2021, 22:09:11 UTC
~

IMO, this just another strategy of those scammers, besides all of the funds for their project were being funded tru pre sales or private sales. Then after that they can easily manipulate the market as they have the biggest number of tokens being hold then later on this token shall be converted to fiat then run again.

Reasons on why i do really have the hesitation nowadays to make out investment due to this very reason.This hadnt be a new thing even with that ICO craze
where lots of shit projects been popping out everywhere try to get some recognition or funding but still end up on running off their investors fund or money.
Now that DeFi hacks is a bit common, this doesnt show a weak security but rather i do believe that this will be on inside job instead.
Defi hype is dying and wondering on whats next on the line.