More Than Half of Crypto Tokens Debuted in 2024 Were Malicious: Blockaid
2025-07-03 22:59:25
Description
EMBARGOED UNTIL 19 DECEMBER 2024 @ 9:00 AM ET Blockchain security firm Blockaid said a full 59% of crypto tokens introduced this year were "malicious in nature." The number of nefarious tokens being sold into the open market ties in with the rising memecoin narrative that has been consistent throughout this cycle. There are now 10 memecoins with a market cap of $1 billion or greater and this relative success has led to copycat tokens being launched on Ethereum, Base and Solana among other chains...
$SOL
$150.56
--3.23%
$ETH
$2552.85
--1.73%
Latest News
- Bitcoin Whales Wake Up From 14-Year Slumber to Move Over $2B of BTC2025-07-04 08:19:50
- Crypto ETF BLOX, Which Offers Digital Asset Exposure and Options Income, Gains Steam2025-07-04 07:11:57
- Asia Morning Briefing: SOL up 4% as Analysts Say Staking ETF (SSK) Has Strong Launch2025-07-04 05:50:53
- BONK Surges 10% as Tuttle Capital Sets July 16 as Earliest Launch Date for Its 2X Leveraged ETF2025-07-04 05:50:03
- SEC Halts Grayscale Large Cap Fund Approval for 'Review'2025-07-04 05:50:02