**Crypto News Flash: Rising Rug Pull Scams Threaten DeFi Integrity**

The crypto market has soared to a $3.89 trillion valuation, yet the DeFi sector faces a surge in rug pull scams. On November 14, a record 31 incidents were reported in a single day, with monthly losses hitting $15 million. These scams, often involving losses under $100,000, are becoming more sophisticated, posing a significant threat to market integrity.

Scammers now use advanced tactics like honeypot tokens and front-running bots, making detection challenging. Experts urge enhanced security measures, including automated code-scanning tools and third-party audits, to combat these evolving threats.