$1.64 billion has been lost on BNB Chain due to hacks and rug pulls since 2017. Rug pulls caused losses of $368 million, making BNB Chain a prime target for malicious token launches. According to Immunefi's report, BNB Chain maintains its title as the "preferred target for rug pulls".๐ŸŽฏ๐Ÿ”“

In 2023 and 2024, losses tapered after a series of hard forks to address vulnerabilities of the network. However, BNB Chain remains the most common blockchain for rug pulls, as the community is often attracted by โ€œquick moneyโ€ means.

Ethereum, the second largest blockchain and largest smart contract platform, suffered losses of $3.6 billion, but only 4.4% of this was due to rug pulls.

What do you think about BNB Chain? We are waiting for your comments!๐Ÿ‘‡