This article explains seven red flags in DeFi scams, from unrealistic returns to fake platforms, giving crypto users actionable tips to explore DeFi safely.
Trust Wallet’s Chrome extension was hacked, exposing seed phrases and causing millions in losses. The company is opening a $7M compensation program for affected users and urging caution with browser-based wallets.
The cryptocurrency community faces a rising wave of scam activities on various social media platforms, especially on Telegram, with fraudulent groups increasingly