PANews reported on December 20 that blockchain security company Blockaid has found that approximately 59% of the crypto tokens launched in 2024 have been identified as 'malicious tokens.' Among them, 27% are involved in 'rug-pull' scams. The growth of these malicious tokens is related to the trend of highly sought-after Meme tokens, with 10 Meme tokens currently having a market value exceeding $1 billion, attracting numerous imitators to launch similar tokens on chains like Ethereum, Base, and Solana.
Nevertheless, losses from crypto scams and hacking have sharply decreased from $5.6 billion last year to $1.4 billion in 2024. This data is based on Blockaid's on-chain detection and response platform, analyzing 2.41 billion transactions, 780 million dApp connections, and 220 million tokens.