Cryptocurrency Unsafe Act Web3 Losses Reduces Due To Bearish Sentiment

in #hive-16792211 months ago


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It’s been a year, for us within the cryptocurrency space as it was recorded that the space recorded a loss of $2 billion dollars to hacks, rug pulls and phishing scams. For as long as cryptocurrencies, Defi and web3 will exist we will continue be victims of these attacks.

Taking a look at Beosin’s report and comparison with last year, the crypto space was down more than half compared to 2022. May it can be attributed to the market season being bearish, but offline crypto saw a surge which is about %377 from what was recorded last year.

While we work the path and power of digital assets and web3 we are advice to take caution clicking suspicious links, joining channels and approval transactions. Stay vigilant out there as you move around with your daily transactions.

If you see this post on a Web2 ecosystem and you have no clue about what Leofinance is here is a brief definition;

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Over here we refer to users as lions, so are you ready to be a lion here is my referral link See leoglossary for the terms used within this post also don’t forget in contributing to the pHBD-USDC pool, and from statistics it looks like we will be able to archive the set target in a few months, let’s do our own part in h growing the pHBD-USDC liquidity and also take out time to participate in the Leo power up challenge which happens every 15th of each month.

Let’s also connect on some of the web2 platform.
Twitter:Hironakamura

Posted Using InLeo Alpha