The amount of spam in the cryptocurrency industry increased by 3894% in two years, according to the report of analytical company LunarCrush.
According to the researchers, the number of spam accounts on social networks has now reached an all-time high and is the fastest-growing number.
“Most of these accounts are managed by real people. For this reason, software is often difficult to detect and flag spam,” the analysts noted.
Twitter, popular among the cryptocurrency community, is flooded with spam and bots. According to LunarCrush, the social network’s spam volume has increased by about 1,374% in the past two years.
“Twitter turns a blind eye to fake accounts because it adds value to the social network,” said LunarCrush CEO Joe Vezzani.
In turn, Web 3.0 platforms such as Lens Protocol or Aave’s Orbis aim to ensure that as many real users as possible own the asset, he added
Recall that India will use blockchain to fight phone spam.