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What is a rug pull in crypto and 6 ways to spot it?
6.10.2024
Ever heard of crypto rug pulls? Find out what they are and how to identify the six warning signs that could protect your hard-earned money from disappearing overnight
Pump.fun to give $80 if tokens complete bonding curve — will it stop rugs?
9.8.2024
Pump.fun is incentivizing memecoin creators to get their tokens off to a successful launch, but the jury’s out whether it will stop bad actors from rugging their tokens early
5 ways crypto bots are ruining crypto — including auto memecoin rug pulls
1.8.2024
Crypto bots are automatically rug-pulling memecoins, extracting billions in MEV and ruining airdrops for users and projects alike
5 ways crypto bots are ruining crypto — including auto memecoin rug pulls
1.8.2024
Crypto bots are automatically rug-pulling memecoins, extracting billions in MEV and ruining airdrops for users and projects alike
Hacks, Rug Pulls Cost BNB Chain $1.6B Since Inception: Immunefi
11.7.2024
More than $1.6 billion has been lost to hacks and rug pulls on BNB Chain since 2017, making it the primary target for criminals, Immunefi said
Protocol Village: Crypto Losses From Hacks, Rug Pulls Doubled to $572M in Q2: Immunefi Report
27.6.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of June 27-July 3
Crypto losses: $200 million in 2024 due to hacks, rug pulls
31.5.2024
Recently, in the year 2024, the cryptocurrency industry has experienced a rapid increase in financial damages due to the frequent occurrence of cyberattacks such as hacks and rug pulls. Immunefi, a blockchain security firm, disclosed that 32 confirmed attacks resulted in losses exceeding $200...
Crypto Hacks, Rug Pulls Led to $473M Worth of Losses in 2024: Immunefi
30.5.2024
More than $473 million worth of cryptocurrency has been lost to hacks and rug pulls in 2024, according to a report by security researcher Immunefi
Fake OMNI Token Rug Pulls $400k as Real Token Price Crashes Over 55%
18.4.2024
OMNI token experienced a drastic decline of over 55% within hours of the airdrop, while a fake OMNI token rug pulled nearly $400,000.
The post Fake OMNI Token Rug Pulls $400k as Real Token Price Crashes Over 55% appeared first on Cryptonews
Blast Ecosystem’s ‘RiskOnBlast’ Rug Pulls $1.3M Ether in Apparent Scam
26.2.2024
Concerns arise as RiskOnBlast, a gambling platform on Blast layer-2, vanishes along with funds and online presence, hinting at a potential rug pull—marking the first of its kind on Blast.
The post Blast Ecosystem’s ‘RiskOnBlast’ Rug Pulls $1.3M Ether in Apparent Scam appeared...
Blast Ecosystem Sees First Apparent Scam as 'RiskOnBlast' Rug Pulls $1.3M Ether
26.2.2024
Blast, in an X post, termed the project’s potential as “undeniable,” which may have created a sense of security among investors
Crypto Rug Pulls: What Are They & How to Avoid Them
11.1.2024
Crypto rug pulls cause billions of dollars in loses in the global crypto markets
Over $356M Lost to Hacks, Phishing Scams and Rug Pulls in Crypto in November: Beosin
1.12.2023
Source: Pixabay Beosin EagleEye’s latest report exposes a massive surge in blockchain security incidents during November 2023, leading to a staggering total loss of over $356 million. This marked an alarming 6.9-fold increase compared to the losses reported in October. Hacker Attacks Resulted...
Today in Crypto: $343,038,810 was Lost to Hacks and Fraud in November, a 15x Increase from October
30.11.2023
Source: Immunefi Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Security news Major bug bounty and security services platform Immunefi found that $1,753,707,812 was lost to hacks and rug pulls...
Fiat Losses From Security Incidents on BNB Smart Chain 37% Lower in Q3 of 2023 — Study
8.11.2023
The financial losses stemming from security incidents on the BNB Smart Chain in Q3 2023 were 27% lower than in Q3 2022. When compared to security incidents on other chains, rug pulls, price and reserve manipulation events on BSC accounted for “4% of the total fiat losses across all chains...
Crypto Projects Lose $51.6 Million in Attacks, Phishing Scams, and Rug Pulls in October 2023: Beosin
1.11.2023
Beosin’s security monitoring platform, Beosin EagleEye, reported that the crypto industry saw 23 security incidents in October 2023, collectively resulting in a substantial total loss of approximately $51.61 million. These losses were attributed to a trifecta of threats: hacker attacks...
$720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study
28.10.2023
During Q3 of 2023, there were a total of 117 hacks in which $720 million was stolen via access control breaches and rug pulls among other security incidents, a new study has found. While the losses ($49.80 million) from rug-pull incidents are significantly lower than the $449 million lost...
Rug Pulls Account For Majority of Scams as Q3 2023 Exploits Wipe Out $720 Million
25.10.2023
The impact of digital asset scams has been a major talking point around policies, regulations, and developer’s direction this year with millions lost across chains to bad actors. A new report by blockchain security firm Hacken shows a quarter-to-quarter increase in hacks and money drained...
85% of crypto rug pulls in Q3 didn’t report audits: Hacken
25.10.2023
A cryptocurrency rug pull is one of the simplest scams to prevent, according to blockchain security auditor Hacken
BNB Chain-Based Altcoin LSC Faces Rug Pull Draining $1.1 Million, Token Slumps 98%
9.10.2023
Lucky Star Currency (LSC), a Binance Smart Chain-based altcoin token, has reportedly suffered a rug pull, according to blockchain security firm PeckShield.
The developer of the LSC, a relatively new crypto token, has managed to rug pull its users of $1.11 million, crashing the altcoin’s value...