DeFi Applications Become the Latest Crypto-Related Fraud Target
The number of cryptocurrency hacks and scams has gone into overdrive over the past year. While overall crypto-related fraud activities have been falling since 2019, recent research suggests that this is not the case in niche areas and the latest target is decentralised finance (DeFi) applications and protocols. It's these crimes (De-Fi related crimes) that continue to surge from one quarter to the next and which are proving particularly lucrative - it's estimated that criminals made around US$471 million from...
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