Solana’s speed and low transaction costs make it easy for new tokens to launch and trade quickly. That same accessibility, ...
Nearly 118,000 scam tokens were deployed from the start of January through the end of November, according to blockchain risk monitoring firm Solidus. More than 350 fraudulent cryptocurrency tokens ...
One trader lost over $1 million within an hour, not realizing that the Real Madrid footballer’s account was hacked before endorsing the scam token. Traders have reportedly lost millions of dollars ...
Most attacks work by tricking users into interacting with fake or misleading tokens, not by breaking blockchain security. High throughput and cheap transactions make it easier to distribute scam ...
A federal court’s dismissal of claims against a decentralized cryptocurrency platform and its investors for the actions of scam token issuers is a case of first impression with wider significance. On ...