A rug pull occurs when developers of a crypto project suddenly abandon it, taking with them the funds from the liquidity pool and leaving investors with worthless tokens. This type of scam has become increasingly common in the world of cryptocurrency, especially with the rise of new projects in DeFi and NFT spaces. In 2021, ... Read more
Continue reading the post Understanding Rug Pulls: How to Spot and Avoid These Scams in the NOWPayments blog. Also read: Bitcoin Crash Today: BTC Falls Under $70K as Bithumb Accidentally Credits 620,000 BTC
