Day: 20 August 2023

Understanding Rug Pulls in Cryptocurrency

A rug pull is a type of scam that occurs in the cryptocurrency market, particularly within the Decentralised Finance (DeFi) sector. It involves developers abandoning a project and running away with investors’ funds, leaving the token value to plummet to zero. How Rug Pulls Happen in DeFi? Rug pulls typically occur when developers create a… Continue reading Understanding Rug Pulls in Cryptocurrency

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