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Chinese police unearth multi-million dollar DeFi rug pull
18.1.2022
The Chizhou police arrested eight people from different provinces in December and froze assets worth millions
Certik identifies Arbix Finance as a rug pull, warns users to steer clear
5.1.2022
Blockchain security firm Certik warned users to stop interacting with Arbix Finance as they have identified the project as a rug pull
India's CBDC, Ozzy Bites NFT, Decentralized Autonomous Rug Pull + More News
28.12.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.______ ...
Read More: India's CBDC, Ozzy Bites NFT, Decentralized Autonomous Rug Pull + More News
Metaswap Gas incommunicado as experts link MGAS price drop to rug pull
27.12.2021
Following the unexpected MGAS price drop, Metaswap Gas' social media accounts were deleted, supporting PeckShield’s claim of a rug pull
Beware of sophisticated scams and rug pulls, as thugs target crypto users
24.12.2021
The year 2021 has seen an increase in “rug pulls,” a new scam capable of luring both early adopters and new crypto investors
Scammers Stole USD 7.7B in Crypto in 2021 Amid Rug Pull Surge - Chainalysis
17.12.2021
Scams continue to generate the largest stream of cryptocurrency-based crime by transaction volume, with more than USD 7.7bn worth of crypto stolen from victims across the world so far this year, according to a recent report by blockchain analysis company Chainalysis....
Read More: Scammers Stole...
How to spot a rug pull in DeFi, 6 tips by Cointelegraph
11.11.2021
Cointelegraph shares six tips on how to safely invest in Defi projects in our latest in-depth video
Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork
1.11.2021
Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities
Solana Slows After Rally, Users Fear First ‘Rug Pull’
20.8.2021
The recently massive price rise of the Solana blockchain’s native token SOL took a breather on an otherwise green day for the crypto market, while news broke that a Solana-based decentralized finance (DeFi) protocol known as Luna Yield went offline.
At press time on Friday (08:39 UTC), SOL...
Solana Slows After Rally, Users Fear First Project ‘Rug Pull’
20.8.2021
The recently massive price rise of the Solana blockchain’s native token SOL took a breather on an otherwise green day for the crypto market, while news broke that a Solana-based decentralized finance (DeFi) protocol known as Luna Yield went offline.
At press time on Friday (08:39 UTC), SOL...
Polywhale Finance founders accused of rug pull amid abrupt shut down
22.6.2021
The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday
Yearn Finance Founder Andre Cronje Set to Fight the Rug Pulled Crypto Messiah in a Dubai Boxing Match
6.5.2021
South African crypto entrepreneur and Yearn Finance founder, Andre Cronje, is set to brawl Crypto Messiah in a physical fight at a Dubai crypto conference. The event, which has been dubbed the Cryptocurrency International boxing match, is scheduled to take place on October 15. Pledged Prize Goes...
Another Binance Smart Chain Project Turtledex Rug Pulls With Tokens Worth $2.5M Confirmed Stolen
22.3.2021
The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2.5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged...
$10.8M Stolen, Developers Implicated in Alleged Smart Contract ‘Rug Pull’
2.12.2020
Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project’s investors
12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?
12.10.2020
The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols. As of October 10, total value locked in Defi protocols was nearly $11 billion. However, despite this apparent endorsement of Defi, rug pulling...
First Mover: SushiSwap’s Billion-Dollar ‘Rug Pull’ Is Thriller to Crypto Geeks
8.9.2020
The "Sushi rug pull" is a gripping drama in the fast-moving arena of decentralized finance, which apparently is still limited to crypto geeks