CoinGape
2020-10-07 06:43:55

How DeFi ‘Rug Pulls’ Are Becoming the Bane of the Industry

As cryptocurrency markets continue their retreat, DeFi tokens are getting hit particularly hard and investors are growing wary of a rising trend of ‘rug pulls’. In essence, a rug pull is similar to a pump and dump. Tokens are artificially inflated by hype and spurious liquidity, only to be sold off or dumped at a The post How DeFi ‘Rug Pulls’ Are Becoming the Bane of the Industry appeared first on Coingape.

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