Hacks, Rug Pulls Cost BNB Chain $1.6B Since Inception: Immunefi

Hacks, Rug Pulls Cost BNB Chain $1.6B Since Inception: Immunefi

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Source: Coindesk.com

As much as $1.64 billion has been lost to hacks and rug pulls since BNB Chain's inception in 2017. Some $368 million has been attributed to rug pulls, making it the primary target for launching nefarious tokens. There was a reduction in losses in 2023 and 2024 following a series of hard forks to address

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The post "Hacks, Rug Pulls Cost BNB Chain $1.6B Since Inception: Immunefi" appeared first here Coindesk.com.

Source: Coindesk.com

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