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Web3 sees 15 new scam smart contracts an hour: Solidus Labs

Published 10/28/2022, 01:55 AM
Updated 10/28/2022, 03:40 AM
Web3 sees 15 new scam smart contracts an hour: Solidus Labs

The Web3 and cryptocurrency space is seeing a significant amount of smart contract scams proliferating, with blockchain risk monitoring firm Solidus Labs saying it has detected on average 15 newly deployed scams every hour.

Solidus Labs said on Oct. 27 that it had been monitoring 12 blockchains including Ethereum, Polygon and BNB Chain since Oct. 10, and in that time, had detected 188,525 smart contract scams.

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Latest comments

between scams, hacks and pump and dump? who in their right mind would invest in cryptos right now? unless you are in on the pump before the dump!
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