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QUANT Rug Pull Leads to Kidnapped Dog and Revenge Token
22.11.2024
A 13 year old crypto developer, who recently launched the QUANT token, has become a center of a…
Savvy memecoin trader makes $988K in 3 hours despite rug pull
20.11.2024
Memecoins have turned numerous cryptocurrency investors into millionaires despite their intrinsic lack of utility
DOJ Takes Down Rug Pull Duo Behind $400,000 NFT Debacle
31.10.2024
A federal jury convicted a man for orchestrating an NFT rug pull scheme, pocketing nearly $400,000 through abandoned projects and cryptocurrency laundering schemes. The NFT Rug Pull That Went Too Far — Federal Jury Brings Verdict The U.S. Department of Justice (DOJ) announced Thursday that...
Stablecoin Plunges 98% in 24 Hours, Sparks Rug Pull Allegations
26.10.2024
Early on Oct. 26, the U.S. dollar value of Essence Finance’s decentralized stablecoin, CHI, plunged by more than 90% after rumors emerged that more than $20 million of collateral had been removed. According to Geckoterminal data, the value of the stablecoin, which normally trades at par with...
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
'Every meme coin is a rug pull in the works' — Mark Cuban
3.10.2024
According to CoinGecko, memecoins were the biggest crypto narrative in the second quarter of 2024, with a 14.3% share of all transaction volume
Base DeFi project disappears after rug pull
16.9.2024
BaseBros Fi, a DeFi protocol on the Base blockchain, vanishes after stealing user funds via an unaudited contract
Friend.tech team sold $52M in 6 months, faces rug pull allegations
11.9.2024
The Friend.tech team said on Sept. 10 that they have no plans to discontinue their website application.
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
ZKX Protocol Shutdown Sparks Rug Pull Accusations
31.7.2024
The sudden shutdown of ZKX Protocol, a social derivatives trading platform on Starknet, has ignited accusations of a potential rug pull within the DeFi community. The announcement, made on July 30, cited financial non-viability, minimal user engagement, and declining trading volumes as the primary...
Neiro memecoin developer makes $2.85M profit after apparent rug pull
29.7.2024
The developer wallet made an over 5,100-fold return on his initial $550 investment
ETHTrustFund DAO transfers $2M treasury in apparent rug pull
22.7.2024
According to a report from PeckShield, ETHTrustFund transferred its entire treasury funds to a new account and then attempted to launder the funds through mixer apps
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
Rapper 50 Cent claims X account was hacked, leads to $300M rug pull
22.6.2024
Rapper 50 Cent informed his 32.8 million Instagram followers that over $300M in victim funds were lost in a malicious rug pull via his X account
DOJ and FBI Unveil Charges Against 3 UK Nationals in NFT Rug Pull Scam
11.6.2024
The U.S. Department of Justice (DOJ) and the Federal Bureau of Investigation (FBI) have unveiled charges against three UK nationals for a fraudulent non-fungible token (NFT) scheme involving “Evolved Apes,” promising a game development. “They allegedly took investor funds, never...
Allegations of ‘Rug Pull’ Arise After Gemholic Team Withdraws $3.5M in Previously Locked ETH
8.6.2024
On June 7, the team behind the Zksync project Gemholic withdrew 921 previously locked ethereum tokens in a suspected rug-pulling incident. The Gemholic team executed the theft despite reportedly completing the blockchain security firm Solidproof’s Know Your Customer (KYC) process....
ZkSync’s Gemholic project suspected $3.5M rug pull
8.6.2024
Community members are currently trying to trace the Gemholic contract creator's address, supposedly funded by Binance
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...