Tag: Rug
‘Rug Radio’ Founder Farohk Talks Fame, Fortune and Decentralization
In an interview ahead of Consensus the mononymed podcaster discusses how he built the foundation to collaboratively build a Web3 media empire.
www.co [...]
$119M in Stolen Crypto So Far in 2023, NFT Rug Pulls on the Rise: Crystal Blockchain
Last year, $4.17 billion were stolen in 199 incidents, the firm said, a higher estimate than Chainalysis' data showing $3.8 billion stolen in 2022. Wi [...]
Arbitrum DEX ArbiSwap Rug Pulls Users for Over $100K
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Friendsies NFT creators deny ‘abandoning’ project amid rug pull allegations
Nonfungible token (NFT) collection Friendsies has refuted claims it is “abandoning” its NFT project following a tsunami of “rug pull” accusations aime [...]
Friendsies NFT Collection Deletes Twitter After 'Pause' Announcement Spurs Rug Pull Accusations
Prominent NFT influencers such as generative artist Jen Stark and Rug Radio host Farokh were named as early promoters of the project, which raised mil [...]
Logan Paul Named in Proposed Class Action Suit for CryptoZoo ‘Rug Pull’ After CoffeeZilla Expose
"As part of Defendants’ NFT scheme, Defendants marketed CryptoZoo NFTs to purchasers by falsely claiming that, in exchange for transferring cryptocurr [...]
Defrost Finance Denies Rug Pull Allegations Amid $12M Exploit
The group says it’s retrieved all the funds after offering a bounty to the hacker.
www.coindesk.com [...]
Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull
Defrost Finance, the decentralized trading platform that suffered a $12 million exploit leading up to Christmas, has denied allegations that it had “r [...]
Defrost Finance Hacked in Attack Some Say May Have Been a Rug Pull
In a tweet thread posted Dec. 25, the Defrost team said a first attack used a flash loan to drain funds out of its V2 product. A second larger attack [...]
Year of the Rug Pull
According to the study, in many rug pull cases, the theft occurs exclusively on-chain: “The scam is encoded in the token’s smart contract, the token i [...]
Mango Market exploiter brags after rug pulling Mango Inu ‘shitcoin’
In just over a week after pulling off the $117 million exploit of Mango Markets, Avraham Eisenberg is now boasting about making $100,000 rug-pulling a [...]
CNN Shutters Vault NFT Marketplace Prompting Rug Pull Accusations
“We learned a lot from our first foray into Web3, and we are excited to carry Vault’s concepts around community storytelling into future projects,” sa [...]
Bitcoin price skirts $19.3K amid fear over ‘mother of all rug pulls’
Bitcoin (BTC) traders lay in wait for fresh volatility on Sep. 29 as BTC/USD cooled near $19,000.BTC/USD 1-hour candle chart (Bitstamp). Source: Tradi [...]
NFT watchdog Rug Pull Finder gets its own NFT giveaway exploited
In an ironic twist, Rug Pull Finder (RPF), a nonfungible token (NFT) watchdog focused on identifying Web3-based fraud has fallen victim to a smart con [...]
Polygon-Based Web3 Game Dragoma Supporters Fall Victim to $3.5M Rug Pull: PeckShield
The website of the newly launched Dragoma token has been deleted and its social media channel erased.
www.coindesk.com [...]