Kanwal Yasmeen

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Don't Get Pulled: Understanding the Crypto Rug Pull
In the fast-paced world of cryptocurrencies, a "rug pull" is one of the most common and devastating exit scams. Simply put, it’s when developers abandon a project and run away with investors’ funds.
Imagine the developers building a bridge (the project) for people to cross. Investors pay to use the bridge. A rug pull is the moment the developers suddenly destroy the bridge halfway across, leaving everyone to fall while they escape with the money.
How Does a Rug Pull Happen?
There are two main types of rug pulls:
1. The Liquidity Pull: This is the most straightforward scam. Developers create a token and encourage people to buy it, building up a pool of funds (liquidity). This liquidity is often provided by the investors themselves. The scammers then suddenly withdraw the entire liquidity pool from the exchange, crashing the token's value to zero. Investors are left with worthless tokens, and the developers vanish with the cash.
2. The Hard Rug Pull (Code Exploit): This is a more technical scam baked into the token's smart contract code. The code might include hidden functions that allow the developers to:
· Mint unlimited tokens, diluting the value of everyone else's holdings.
· Prevent selling, so only the developers can cash out while investors are trapped.
· Change transaction taxes to 100%, stealing any funds sent by users.
How to Spot a Potential Rug Pull
While scammers are getting smarter, you can protect yourself by looking for these red flags:
· Anonymous Team: The developers have no public identity or verifiable track record.
· Unlocked Liquidity: The project's liquidity pool is not locked in a secure, time-locked contract. Always check this on a blockchain scanner.
· Unverified Contract: The token's smart contract code is not publicly verifiable on platforms like Etherscan, hiding malicious code.
· Suspicious Token Distribution: A vast majority of the tokens are held by just a few wallets, giving them control over the price.
· Unrealistic Hype and Promises: The project promises guaranteed, massive returns ("100x moon shot!") and relies heavily on pressure from unverified social media influencers.
The Bottom Line
A rug pull is a deliberate, malicious act of theft. The best defense is always to Do Your Own Research (DYOR). Stick to projects with transparent, public teams, audited smart contracts, and locked liquidity. If an opportunity seems too good to be true, it almost always is.

Il "Swell" di Ripple è qui: il momento della verità per XRP 🚀
Dimentica l'usuale hype crypto. Domani, l'intero mondo finanziario volgerà i suoi occhi a New York mentre Ripple ospita Swell 2025. Questo non è solo un'altra conferenza: è presentata come un momento cruciale per l'adozione della crypto istituzionale, e i possessori di XRP sono in massima allerta.
Perché questo Swell sembra diverso: i pesi massimi sono dentro
La lista degli oratori dice tutto. Qui è dove la crypto incontra l'establishment:
· BlackRock (Sì, quella BlackRock)
· Nasdaq
· Citi & BNY Mellon