The allegations — in addition to the destructive value motion — got here as $16 million value of Pepe tokens had been despatched from the builders’ multisig pockets to varied crypto exchanges on hour in the past, the…
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Bitcoin NewsNews
Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and extra
by Jeremyby JeremyUniswap dev loses job, was it value it? It’s understood that AzFlin developed and deployed FrensTech token (FRENS) on Coinbase’s new layer 2 blockchain Base on Aug 12 earlier than promoting the tokens raised from the liquidity shortly publicly…
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Bitcoin NewsNews
BALD token developer denies rug pull as worth falls 85% post-launch
by Jeremyby JeremyWatching the $BALD chart Whale (@WhaleChart) July 31, 2023 Regardless of these warnings, some buyers have sought early returns by shopping for up belongings on the community earlier than it’s formally They’ve performed so by utilizing growth instruments…
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On July 30, memecoin merchants had been snapping up a collection of questionable tokens on Base, with one Brian Armstrong-themed memecoin dubbed “BALD” experiencing a 289,000% achieve throughout the first 14 hours of buying and value chart since
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Bitcoin NewsNews
AnubisDAO’s 13.5K ETH rug pull cash washes away on Twister Money
by Jeremyby JeremyIn October 2021, AnubisDAO raised 13,556 ETH from crypto buyers owing to the predated Dogecoin (DOGE) Nevertheless, roughly 20 hours into the funding, the funds have been despatched to a unique handle — ensuing right away loss for the…
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Bitcoin NewsNews
Multichain’s ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis
by Jeremyby Jeremy“On July 6, 2023, cross-chain bridge protocol Multichain skilled unusually giant, unauthorized withdrawals in what seems to be a hack or rug pull by insiders,” the agency wrote in a July 10 weblog exploit has thus far resulted within…
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Bitcoin NewsNews
ZachXBT’s analysis cited in Canadian NFT rug pull class motion lawsuit
by Jeremyby JeremyTweeting on July 7, ZachXBT highlighted that lawsuit as he reiterated accusations that the Boneheads crew “rapidly disappeared and spent the mint funds on BAYCs [Bored Ape Yacht Club NFTs], luxurious items, and different gadgets by no means fulfilling the…
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Altcoin NewsNews
Crypto developer commits $2M rug pull fraud to gasoline playing dependancy
by Jeremyby JeremyA number of traders within the Encryption AI (0xEncrypt) undertaking have reported that its developer carried out a rug pull throughout a liquidity migration Consequently, the undertaking’s token referred to as 0xEncrypt went from buying and selling at round to…
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The value of the Chibi Finance (CHIBI) governance token fell by over 90% because the information token Supply: “rug pulls” shouldn’t be doable in In spite of everything, these apps, by definition, don’t run on centralized…