{"id":365574,"date":"2021-11-11T17:45:00","date_gmt":"2021-11-11T14:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/how-to-spot-a-rug-pull-in-defi-6-tips-by-cointelegraph\/"},"modified":"2021-11-11T17:45:00","modified_gmt":"2021-11-11T14:45:00","slug":"how-to-spot-a-rug-pull-in-defi-6-tips-by-cointelegraph","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/how-to-spot-a-rug-pull-in-defi-6-tips-by-cointelegraph\/","title":{"rendered":"# How to spot a rug pull in DeFi, 6 tips by Cointelegraph"},"content":{"rendered":"<p>&#8220;<strong># How to spot a rug pull in DeFi, 6 tips by Cointelegraph   <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMWQxMGMzZGEtYjIwYy00YWQ0LWJjY2MtM2ZhN2ZmYWMyZDE2LmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-128018ef>In our latest in-depth video, Cointelegraph shares six key tips on how to increase your safety when investing in DeFi by identifying rug pulls \u2014 One of the most widespread types of crypto scams.\u00a0<\/p>\n<p>Booming growth coupled with a lack of oversight by traditional authorities has attracted an influx of fraudsters to the DeFi ecosystem.\u00a0According to a recent <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ciphertrace.com\/cryptocurrency-crime-and-anti-money-laundering-report-august-2021\/\">report<\/a> by Ciphertrace, while overall fraudulent activity in crypto is decreasing, rug pull scams in DeFi have been on the rise in 2021.<\/p>\n<p>In the typical rug pull, bad actors create a worthless token and list it on a decentralized exchange, where it starts trading in a liquidity pool. The scammer convinces investors to provide liquidity by staking a valuable token, such as Eth, which pushes the new token\u2019s price up. At a certain point, the scammers \u201cpull the rug\u201d: they take all the Ethereum from the pool and leave investors holding the worthless token. <\/p>\n<p>With the help of two DeFi experts, we pointed out 6 practical tips to spot a rug pull and minimize the risk of getting scammed while investing in DeFi. <\/p>\n<p>Check out the six tips in our <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=VlIcoKJsIP8&amp;ab_channel=Cointelegraph\">video<\/a> and don\u2019t forget to subscribe to our <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.youtube.com\/c\/cointelegraph_com\">YouTube channel<\/a>! <\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/how-to-spot-a-rug-pull-in-defi-6-tips-by-cointelegraph\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# How to spot a rug pull in DeFi, 6 tips by Cointelegraph &#8221; In our latest in-depth video, Cointelegraph shares six key tips on how to increase your safety when investing in DeFi by identifying rug pulls \u2014 One of the most widespread types of crypto scams.\u00a0 Booming growth coupled with a lack of&#8230;<\/p>\n","protected":false},"author":1,"featured_media":365575,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTEvMWQxMGMzZGEtYjIwYy00YWQ0LWJjY2MtM2ZhN2ZmYWMyZDE2LmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74894,74983,74868,75916,118812,70934,71101,71407],"class_list":["post-365574","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-blockchain","tag-decentralization","tag-defi","tag-dex","tag-how-to-start-investing","tag-regulation","tag-scams","tag-trading"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/365574","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=365574"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/365574\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/365575"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=365574"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=365574"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=365574"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}