Hackers are Manipulating Smart Contracts for Crypto 'Rug Pull' Scams, Researchers Say
New research suggests that crypto scams are getting worse. One popular strategy is the token "rug pull," where malicious actors fake hype over a crypto coin, abandon the project halfway, and steal all the investors' money.
Check Point Research Cardano Prices Crash Contract Scams Rug Pull Cryptocurrency Price Boom Crypto Billionaire Names
Source: itechpost.com