Tag: Rug

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Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK

Bitcoin Bridge OrdiZK Suffers Apparent $1.4M Rug Pull, Token Crashes to Zero: CertiK

OrdiZK, a project that set out to become a bridge between the Bitcoin, Ethereum and Solana blockchains, appears to have pulled an exit scam, with deve [...]
Blast Ecosystem Sees First Apparent Scam as ‘RiskOnBlast’ Rug Pulls $1.3M Ether

Blast Ecosystem Sees First Apparent Scam as ‘RiskOnBlast’ Rug Pulls $1.3M Ether

But all of its social media accounts were scraped on Sunday. The team itself was anonymous. Onchain researcher @somaxbt said the apparent stolen funds [...]
BONK Falls 13% as Solana Ecosystem Sees Profit Taking After Memecoin Frenzy

BONK Falls 13% as Solana Ecosystem Sees Profit Taking After Memecoin Frenzy

Meanwhile, trading volumes on Solana-based decentralized exchange (DEX) applications remained high, with tokens worth $1.44 billion changing hands in [...]
85% of crypto rug pulls in Q3 didn’t report audits: Hacken

85% of crypto rug pulls in Q3 didn’t report audits: Hacken

Cryptocurrency rug pulls are not too difficult to spot by investors, as the majority of such scams usually share distinct and visible features, accord [...]
85% of crypto rug pulls in Q3 didn’t report audits: Hacken

85% of crypto rug pulls in Q3 didn’t report audits: Hacken

Cryptocurrency rug pulls are not too difficult to be spotted by investors as the majority of such scams usually share distinct and visible features, a [...]
Rug pull feared as Safereum devs reportedly unlock and dump native token

Rug pull feared as Safereum devs reportedly unlock and dump native token

The crypto community has been left fearing the worst after seeing huge sums of liquidity drained from the cryptocurrency project Safereum just hours a [...]
Nothing to see here: OpenSea denies exec involved in $60M rug pull: Nifty Newsletter

Nothing to see here: OpenSea denies exec involved in $60M rug pull: Nifty Newsletter

Welcome to the latest edition of Cointelegraph’s Nifty Newsletter. Keep reading to stay up-to-date with the latest stories on nonfungible tokens. Ever [...]
Meet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC

Meet the guerilla artist who staged a crypto ‘rug pull’ in front of the SEC

Street vendors abound in downtown Manhattan’s Financial District. But weeks ago, on Sept. 14, an especially unconventional seller set up shop in front [...]
OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull

OpenSea ‘unaware’ of any involvement of former exec in $60M rug pull

Nonfungible token (NFT) platform OpenSea says it is unaware of any evidence pointing to a former employee being involved in the infamous AnubisDAO rug [...]
Cardano stablecoin project gambled away investors’ money before rug: Report

Cardano stablecoin project gambled away investors’ money before rug: Report

In 2021, Ardana Labs claimed it would provide an innovative stablecoin platform for the Cardano network. The new project, called “Ardana,” would allow [...]
Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull

Binance’s indecision to freeze BNB wallets drew controversy in this $11M rug pull

A BNB Chain rug pull scams users out of $2 million ($11 million at today's BNB prices). Users ask Binance for help. Binance says it has frozen the fun [...]
Binance creates smart contract to refund users affected by $3M rug pull

Binance creates smart contract to refund users affected by $3M rug pull

Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull.According to a Sept. 6  [...]
Nima Capital goes dark after dumping 9M SNY tokens, community calls it VC rug

Nima Capital goes dark after dumping 9M SNY tokens, community calls it VC rug

The price of the native token of decentralized finance (DeFi) cross-chain bridge Synapse (SNY) plummeted on Sept. 5 after an unknown liquidity provide [...]
PEPE plunges 15% as strange token movements spark fears of rug pull

PEPE plunges 15% as strange token movements spark fears of rug pull

The price of the frog-themed memecoin Pepe (PEPE) has plunged nearly 15% after recent changes to a multisig wallet and new token transfers ignited fea [...]
Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

Uniswap dev loses job, was it worth it? A Uniswap developer known as “AzFlin” has been sacked by the founder of Uniswap Labs, Hayden Adams, for allege [...]
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