According to reports, crypto risk monitoring and market monitoring firm SolidusLabs recently disclosed. 12% of BEP-20 Tokens on BNB Chain showed signs of fraud, while 8% of ERC-20 Tokens on Ethereum showed signs of fraud.
Solidus Labs also noted that roughly as much as $910 million in fraud-related ETH was processed through centralized or regulated cryptocurrency exchanges. In addition, some smaller attacks (such as the Squid GamesToken scam that has cost users around $3 million) have not received much attention.
Eleven DeFi protocols were attacked in October, affecting $718 million in crypto assets, the highest monthly record for crypto losses so far this year, according to data from blockchain analytics arm Chainalysis.
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