Tag: Rug
ZachXBT’s research cited in Canadian NFT rug pull class action lawsuit
The investigative work of independent blockchain sleuth ZachXBT has been cited in a class action lawsuit in Canada against Boneheads, an alleged $3.1 [...]
Crypto developer commits $2M rug pull fraud to fuel gambling addiction
According to a Reddit post, a developer has posted an unusual farewell note, apologizing and blaming his online gambling woes after leaving a project [...]
Chibi Finance $1 million alleged rug pull: How it happened
On June 26, decentralized finance (DeFi) aggregator Chibi Finance was exploited by its own deployer account, and $1 million worth of cryptocurrency wa [...]
$656M lost from crypto hacks, scams, and rug pulls in H12023: Report
According to a June 30 report by Web3 security firm Beosin, the total value of cryptocurrencies lost in scams, hacks, and rug pulls amounted to $656 m [...]
Chibi Finance Rug Pulls Users for $1M, CHIBI Falls 98%
Over 555 stolen ether were swapped from Arbitrum from Ethereum, a security firm said.
www.coindesk.com [...]
Losses from crypto rug pulls outpaced DeFi exploits in May: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most signifi [...]
Losses from crypto rug pulls outpaced DeFi exploits in May: Beosin
The amount of cryptocurrency lost to "rug pull" or "exit scams" — where founders suddenly up and leave with investors’ money — had outpaced the amount [...]
Pixel Penguin accused of ‘charity rug,’ Epic adds new NFT games and more…
The Pixel Penguin alleged ‘charity project rug’Nonfungible-token (NFT) project Pixel Penguin has caused a stir this week in what a blockchain investig [...]
From memes to multibillion-dollar pumps, scams and rug pulls
Memecoins, or meme cryptocurrencies, started as a cultural phenomenon with the launch of Dogecoin (DOGE) in 2013, inspired by an internet meme and a c [...]
Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls
The 13th anniversary of the first bitcoin transaction has taken a nefarious turn with meme coin issuers profiting over $200,000 from pizza-related rug [...]
$3M worth of customer funds swiped via alleged Swaprum DEX rug pull
Arbitrum-based decentralized exchange (DEX) Swaprum has allegedly conducted a rug-pull on its users, with $3 million worth of customer deposits being [...]
WallStreetBets mod dumps memecoin worth $635K in alleged rug pull
A moderator of the popular trading subreddit r/WallStreetBets has dumped a large portion of the WSB Coin (WSB), a token project that claims to be the [...]
KuCoin confirms an exchange user is behind alleged daily rug pulls
Crypto exchange KuCoin confirmed that the address allegedly responsible for launching thousands of memecoin scams belongs to one of its users. However [...]
Ordinals Finance has conducted a $1M rug pull: CertiK
Ordinals Finance, an Ethereum-based decentralized finance (DeFi) protocol that allows users to lend and borrow inscriptions, has been accused of perfo [...]
73.3% of Q1 rug pulls happened on BNB Chain: Immunefi
BNB Chain was the king of rug pulls in the first quarter of 2023, with over 73.3% of such scams in the entire crypto ecosystem happening on the networ [...]