Crypto Hack/Scams = Bad Publicity?

I was reading @edicted's post on the latest happenings in the crypto world. I wouldn't believe if I were told that the world's largest biggest exchange allowed scammers to get away with that huge funds.

It is crazy to see that this is happening at this time. To be very honest, I haven't been a fan of Cz and it is a big possiblity that the numbers and story are not totally correct.

80% of the over printed currency was frozen and the loss was limited to $100M. Crazy, Crazy stuffs!

Last time, Axie Infinity blockchain game reported their own hack. About $500M in March. Truth is, Alot of crypto lovers can explain this as exploitation of Cross-chain Bridges but how about people who know nothing about crypto?

---

The Headlines Are Not Good...

---

We see scams in crypto more often than before these days. This doesn't help our cause. Can we really get the world to trust crypto with all these scams around?

Yes, Scams has reduced the buying of shit coins as people now look for good projects to invest in, However these scams has given crypto a bad name or rather a not so trusted name.

---

Is There A Solution?

---

Well, I don't think so. We can't really avoid this publicity. Maybe we can trace it. Alot of people say North-koreans has been behind some of this large heist. How true can that be?

Anyway, Good news was the pump that came Hive way during this hack. It's certainly convincing that the Koreans did it as they are always rumoured to pump & dump Hive, A classic Korean Game.

What do you think?

♟♟♟♟♟♟♟♟♟

Thanks For Reading! Image From Pixabay

Posted Using LeoFinance ^Beta