#CryptoScamSurge
The latest data revealed a staggering increase in fraud attempts related to automated trading 'robots', inspired by the atrocities of 'whale surge' that we have observed over the past few months. The analysis of large flow 'Whale Ratio' on Binance showed an increase of about 400% since mid-2023, making the platform an attractive environment for scammers targeting new investors.
By extracting massive databases (Big Data) using API and Web Scraping, Binance tracks every transaction and client, and was able to detect abnormal numbers immediately. This technology prevented tens of millions of dollars from falling into the trap of CryptoScamSurge.
The takeaway? Equipping ourselves with real data is the strongest weapon in the fight against fraud. Let’s embrace automation and smart analytics and safeguard our assets. Invest wisely, follow Binance analytics, and be part of the generation that foils fraudulent transactions before they occur! 💪