A “rug pull” refers to a scheme in which founders or developers of a project fail to fulfill their promises after receiving funds. The founders simply run away from investors after they receive an investment. This can happen with both crypto currencies and NFT projects. Different types of crypto rug pulls These frauds can be […]
ERC20 is a protocol developers can use to propose improvements to the Ethereum network. ERC stands for Ethereum Request For Commitment. The proposal identifier 20 is also used. What is a token? Tokens are a way to represent anything in Ethereum: Reputation points to the online world of a platform abilities of a character in […]