Post
Topic
Board Bitcoin Discussion
Re: Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi
by
Aanuoluwatofunmi
on 03/06/2024, 18:02:02 UTC
Article Content: The article from CoinDesk highlights that in 2024, crypto hacks and rug pulls led to losses amounting to $473 million. This data comes from Immunefi, a security service that monitors vulnerabilities in decentralized finance (DeFi) projects.
Source: coindesk.com

We have been seeing this happening over time that many projects go on rug pull, we have to know well what we are investing on, but the good news about all these is that the whole thing is going on a decline, if you're to compare from the way backward to this present moment, we have been having a decreasing rate on hacks and rug pull, which also tells that the more the widespread of bitcoin the more people are getting knowledge about it and are trying to avoid being scammed.