Token airdrops targeted by farm accounts and ‘Sybil attacks’
In the face of soaring prices, there has been a significant increase in phony crypto farm accounts, also referred to as “Sybil attacks.” These fraudulent accounts generate false network activity to amass as many tokens as they can during token giveaways or airdrops, which have grown increasingly profitable over time. (Paraphrased version) More recently, we’ve … Read more