This year, theft connected to DeFi totaled over $10 billion. Here's class containing tips for avoiding frequent DeFi frauds.
Over $12 billion in bitcoin assets were taken from user wallets and exchange holdings in 2021 alone as a result of cryptocurrency scams and theft in the DeFi sector. The platform security flaws and improperly coded smart contracts accounted for some of this theft, but the majority was the result of cryptocurrency fraud, in which criminals preyed on newcomers to the market.
The industry needs to see these frauds and security flaws fixed if the crypto ecosystem is to truly become popular. Sadly, it might take some time before the industry finds a solution to the problem of smart contract scams. Until then, the purpose of this class is to inform readers about DeFi scams and how to spot them.
What you'll learn:
Class: 1 Introduction to DeFi
Class: 2 DeFi Fraud, Types and Real-Life Examples.
Class: 3 Security Issues Unmasked for ICO Projects
Class: 4 Useful Resources & Tools
Class: 5 DeFi Safety Checklist
Course consist of total 10min of content, in total.
Author is a member of the Cyber Crime Investigation Faculty, Cyber Forensic Analyst, Business Coach, Investment Banker and a Researcher. He has authored eleven plus books on Cyber Law, Digital Currency, Bitcoin, Blockchain, DeFi Fraud, Fintech Law and Cyber Crime Awareness. He contributes to Magazines of International Repute. In the last 2 decades, He has trained thousands of participants working in various sectors about Financial Markets and Products, Economics, Statistics, Data Science, Programming, Design Thinking, Public Administration, Life Skills, Law, Psychology, Banking Fundamentals, Advance Banking concepts, Foreign Exchange, International Banking, Risk Management, Compliance, Fraud Analysis, Cyber Security, Digital Forensics, FinTech, Innovative Technology(Blockchain, Cryptocurrency, AI, AR, VR, Robotics, IoT, Quantum Computing), Asset & Liability Management and Business Analytics.
His mission is to make the course accessible and easy. Most of his courses will teach you what you haven't learned in school, college or at your workplace.