Recent research by crypto risk monitoring firm Solidus Labs has taken a deep dive into the shady world of crypto scams. The findings do not bode well for BNB Chain.
On Oct. 27, Solidus Labs announced the launch of a real-time on-chain Threat Intelligence tool. It has been touted as a first-of-its-kind approach to the retroactive methods of dealing with crypto scams.
Additionally, the firm also released its findings on the growing number of crypto scams and rug pulls. The report revealed that there has been almost 100,000 rug pulls deployed so far this year. Furthermore, the figure is already up 20% from 2021 which had 82,000 rug pulls.