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Tag: Rug pull

Reddit to Discontinue Community Points Citing Scalability and Regulatory Issues, Sparking Community Backlash

The decision to phase out the blockchain-based rewards program has led to a sharp decline in token values and ignited strong reactions from...

Allegations of running pump and dump schemes surface against former head of OpenSea Ventures

Grave allegations of involvement in pump and dump schemes are gathering steam against the former head of OpenSea Ventures, Kevin Pawlak.According to NFT...

Investors Lost $686 Million Last Quarter to Hacks, Fraud: Immunefi – Decrypt

The last quarter was this year’s worst in terms of dollars lost to hacks and frauds, says a new report.Crypto investors lost $685.5 million...

SlowMist Reports Surge in Diverse Crypto Security Incidents for the Week of September 17-23, 2023

Key Takeaways Total security incidents reported: 7 Estimated financial loss: Approximately $380,600 Notable trend: Increase in phishing attacks and rug pull tactics New attack methods: DNS hijacking, contract...

JPEX Crisis: Hong Kong Crypto Scene Faces Unprecedented Challenge

Troubles for JPEX are escalating. The Hong Kong-based crypto platform is now under the spotlight for alleged money laundering, as revealed by Bitrace. Moreover,...

Bitskwela Steps Back from JPEX Partnership – BitPinas

Bitskwela, a web3 education platform, terminated its partnership with crypto exchange JPEX amid regulatory scrutiny, emphasizing its commitment to working with partners who adhere...

Blockchain Justice: Exchanges as the gatekeepers of Web3

The following is a guest post by Rodolfo José Santos, a crypto tax and lawyer at FS Legal. In the fast-paced world of cryptocurrencies, where...

Mark Cuban’s hot wallet breach costs him $870,000

In the realm of content creation, three fundamental elements stand out: “perplexity,” “burstiness,” and “predictability.” Perplexity gauges the intricacy of the text, while burstiness...

Banana Gun’s BANANA Token Faces Crisis Amid Contract Bug

Banana Gun revealed a major flaw in its smart contract post-launch. ChatGPT, OpenAI’s chatbot, is credited for identifying the contract flaw in seconds, sparking...

Binance to refund $3M + Whale lost $24M

Hello there!Welcome to another exciting crypto roundup from your favorite portfolio tracking and trading platform, Coinigy.So here we were, thinking Bitcoin would continue its...

3 reasons why Pepe price will continue to fall in September

Pepecoin (PEPE) price has crashed nearly 85% from its record high of $0.00000448 in May 2023. What's more, its bearish momentum is likely to...

Shiba Inu Lucie Addresses Key Questions Around SHIB and Rug Pull

In a series of tweets today, Lucie of Shibarium, a prominent figure within the Shiba Inu community, addressed various concerns and provided clarifications about...

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