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.

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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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