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24.12 - 14:54
Crypto scams: Five ways to identify legit crypto coins
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cnbctv18.comThe cryptocurrency market is bubbling with energy with new coins debuting almost every month. There were roughly 8,711 cryptocurrencies in the $2.61 trillion crypto market as of December 3.
But the euphoria is also making it increasingly difficult to keep a check on the authenticity of crypto tokens, and investors often fall for scams.The Squid Game token is one such example. The coin, launched following the immense popularity of a Netflix show of the same name turned out to be a scam.
Read more on cnbctv18.comAbout this in other media
Revenue from crypto scams surges 81 percent in 2021, "rug pulls" make for most of it moneycontrol.com /3 years ago
Revenue from crypto scams spike 81% to a near-record $7.7 billion in 2021, says Chainalysis markets.businessinsider.com /3 years ago
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