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Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin - Vimarsana News

Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin

Blockchain security firm Beosin has reported over $45 million was lost to cryptocurrency exit scams, while successful attacks and exploits on DeFi protocols net attackers under $20 million.

Crypto Rug Pulls Outvalued Defi Attacks in May, $45 Million Lost - Vimarsana News

Crypto Rug Pulls Outvalued Defi Attacks in May, $45 Million Lost

According to Beosin the amount of funds lost in crypto “rug pulls” was almost double that of Defi exploits in May 2023. Rug pulls are a type of scam where the…

Source: biztoc.com