What is a vampire attack in crypto?

A vampire attack in crypto isn’t always negative. Discover what it entails and how to safeguard against damaging crypto vampire attacks.

Vampire attacks can be aggressive new project launches or less genuine events where illicit actors target established project communities. 

A vampire attack in crypto is when a new project — sometimes a fork of an established project — offers better incentives or rewards than the original. Key characteristics of a vampire attack include a new project aiming to outdo another project with very similar features or a project looking to steal competitors’ resources and customers who provide critical liquidity. 

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