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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...
Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000 Fundraising
24.10.2023
The cryptocurrency community is fearing a rug pull after Safereum saw huge sums of liquidity drained, making off with around $1.3 million worth of funds, according to blockchain security experts....
Read More: Crypto Community Fears Rug Pull as Safereum Faces Drastic Liquidity Drain Post $600,000...
Rug pull feared as Safereum devs reportedly unlock and dump native token
24.10.2023
According to blockchain security analysts, the developers of the Safereum project suddenly sold more than 700 ETH worth of its native token, sending the price of SAFEREUM plunging more than 90%
Central African Republic Arrests Crypto ‘Rug Pull’ Mastermind as Associates ‘Flee Country’
19.10.2023
Police in the Central African Republic think they have captured one of the alleged masterminds behind an apparent rug pull that left “hundreds” of citizens out of pocket.
Investors, including high-level politicians, senior civil servants, and traders, say that the operators of a fast-growing...
‘Crypto Rug Pull’ Leaves ‘Hundreds’ of Central African Republic Investors ‘Penniless’
18.10.2023
Police in the Central African Republic suspect a rug pull after the operators of a crypto firm “vanished overnight.”
The news outlet RFI reported that the Research and Investigation Section (SRI) of the National Gendarmerie (the CAR’s police force) have “launched an investigation” into the firm....
Nothing to see here: OpenSea denies exec involved in $60M rug pull: Nifty Newsletter
11.10.2023
Both NFT Ethics and blockchain analytics account Lookonchain allege that the OpenSea exec played a key role in hyping the AnubisDAO project to investors
Meet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC
10.10.2023
Artist Nelson Saiers’ “Rug Pull” highlighted the victims of crypto rug pulls and perceived SEC inaction in safeguarding investors
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m - Certik
9.10.2023
The deployer account for LSC drained over $1 million in tokens from the project, then swapped them to BUSD using PancakeSwap
Former OpenSea Executive Entangled in AnubisDAO Rug Pull Allegations
9.10.2023
Kevin Pawlak, the former head of ventures at NFT marketplace OpenSea, is facing accusations connected to the AnubisDAO rug pull incident that occurred in 2021. The allegations came to light in an October 6 X (formerly Twitter) thread posted by an anonymous account called NFT Ethics.
For its part...
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...
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull
9.10.2023
A former OpenSea employee has been accused of assisting the infamous AnubisDAO rug pull in 2021; however, some commentators have raised doubts
Pond0x DEX claims $100M in trading volume as critics allege it’s a scam
29.9.2023
Pond0x reported that its DEX reached $100 million in cumulative volume, citing a Dune dashboard as evidence
Decentralized Exchange Mixin Kernel Confirms Hack on Its Platform Involving Approximately $200M
25.9.2023
Mixin Kernel confirmed on Sept. 25 that it was the victim of a hacking attack which had resulted in the loss of assets on the mainnet. The decentralized exchange said it has since suspended deposit and withdrawal services and only expects to restore normal services once a probe into the incident...
Banana Gun’s Token Plummets Over 99% Within Hours Due to Contract Bug – Here’s What Happened
12.9.2023
Telegram bot Banana Gun's native token, BANANA is the latest victim of a crypto exploit due to a “bug” in their contract.
The highly anticipated token fell to a disastrous low within three hours of its launch as the incident led to a sharp drop in prices.
The token plummeted over 99% from $8.70...
3 reasons why Pepe price will continue to fall in September
10.9.2023
A mix of on-chain, fundamental, and technical indicators hint at a continuing Pepe price decline ahead
Binance's indecision to freeze BNB wallets drew controversy in this $11M rug pull
7.9.2023
As it turns out, Binance does in fact have the power to freeze private wallet addresses on BNB Chain, albeit only with the consensus of all its validators
Binance creates smart contract to refund users affected by $3M rug pull
6.9.2023
After the rug pull, Xirtam scammers directly deposited stolen funds onto Binance, prompting the exchange to freeze the assets
Synapse Token Price Plummets as Nima Capital Dumps 9 Million SNY Tokens – Community Suspects Rug Pull
6.9.2023
On September 5, the native token of Synapse (SYN), a decentralized finance (DeFi) cross-chain bridge, experienced a substantial price drop as an unidentified liquidity provider offloaded approximately 9 million SYN tokens and withdrew all stablecoin liquidity from the platform.
Synapse stands...
Nima Capital goes dark after dumping 9M SNY tokens, community calls it VC rug
5.9.2023
The VC firm had received a grant from the project in return for locking $40 million worth of liquidity in SYN
Can PEPE make a comeback? Traders, analysts and Pepe maxis weigh in
31.8.2023
Cointelegraph also spoke to developers purportedly behind a new PEPE token spin-off, who claim the new one is everything "the old Pepe token should have been."