Cryptocurrency markets are particularly susceptible to manipulation due to their 24/7 trading
large number of anonymous participants. Price manipulation can take many forms, such as spoofing (placing fake orders to trick other traders into buying or selling), wash trading (simultaneously buying and selling an asset to create the false appearance of market activity), and bear hunts (working together to drive prices down by flooding the market with sell orders).
The Risks of Hacking and Fraud.
Since cryptocurrencies are digital assets, they are stored in digital wallets and exchanged on digital exchanges – both of which are vulnerable to hacking. In addition, there have been numerous cases of fraud in the cryptocurrency space, such as Ponzi schemes, fake ICOs, and pump-and-dump schemes.
Thank you, friend!
I'm @steem.history, who is steem witness.
Thank you for witnessvoting for me.
please click it!
(Go to https://steemit.com/~witnesses and type fbslo at the bottom of the page)
The weight is reduced because of the lack of Voting Power. If you vote for me as a witness, you can get my little vote.