It’s no puzzler that unregulated cryptocurrencies make cryptocurrency scams easier for hackers to develop techniques and schemes for looting the general public. The market has recently witnessed huge losses after hackers had stolen almost $900 million from Coincheck, Bitconnect and BitGrail exchanges. Initial Coin Offerings also provide an easy path for scammers to generate funds in the name of a ‘new coin’.
What might come as shocking, is that aside from the big scams that everyone hears about, a research report has now suggested that smaller scams have stolen approximately $9.1 million per day in the …
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