Bitbot gains momentum as latest rug pull jolts market

Crypto project Bitbot is gaining momentum in its presale, so far raising more than $715k. This comes as the world’s first non-custodial Telegram trading bot moves towards its official launch. The upcoming debut is getting more attention across crypto trading, particularly after the latest rug pull incident.

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CredixFinance (CREDIX) plunges 100% after Rug Pull

CREDIX token value has plunged by 100%. The price drop is attributed to a Rug Pull as reported PeckShieldAlert. The rug pull involved a wallet address that executed a swap transaction. In a recent turn of events, the cryptocurrency CredixFinance (CREDIX) has experienced a staggering 100% decline, leaving investors and the crypto community in disbelief.

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Former OpenSea Executive Accused of Links to AnubisDAO Rug Pull

Unveiling the alleged link between Kevin Pawlak and the 2021 AnubisDAO rug pull, examining the accusations, responses, and ongoing investigation. The post Former OpenSea Executive Accused of Links to AnubisDAO Rug Pull appeared first on NFT News Today.

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Chibi Finance Executes $1 Million Rug Pull, CHIBI Falls By 100%

In what appears to be another rug pull in the decentralized finance (DeFi) space, the team behind Chibi Finance has absconded with more than $1 million worth of various assets. Following the protocol’s launch earlier today, users’ funds were swiftly transferred to an Ethereum address and converted to Ether. A “rug pull” is a term […]

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Defrost Finance Says Hacked Funds Have Been Returned

The hack, which some observers had characterized as a rug pull, was estimated to have netted $12 million.

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Что нужно знать о схеме «rug pull»?

Rug pull — распространенная схема мошенничества, когда разработчики выводят средства из проекта и исчезают вместе с ними. В английском языке словосочетание rug pull — «выдернуть коврик (из-под ног)» — значит внезапно лишить кого-то поддержки.

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Cyber vigilante hunts down DeFi scammers running away with $25M rug pull

An exclusive Cointelegraph interview on tracking down a group of DeFi scammers responsible for the $25 million StableMagnet rug pull.

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CertiK's identification of Crypto Cars as 'rug pull' was a false alarm

A temporary website outage of the project's main site, among other factors, led to the error.

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Failed promises and rug pull accusations? Cardstarter and SundaeSwap blame each other

Cardstarter and SundaeSwap find themselves embroiled in drama, with each accusing the other of foul play. The post Failed promises and rug pull accusations? Cardstarter and SundaeSwap blame each other appeared first on CryptoSlate.

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Watch out investors! These crypto projects have rug pull potential

In a series of tweets, the leading blockchain security and data analytics company, PeckShield, has revealed that up to 50 crypto projects domiciled on the Binance Smart Chain could be rug pulled. The post Watch out investors! These crypto projects have rug pull potential appeared first on CryptoSlate.

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CertiK identifies Arbix Finance as a rug pull, warns users to steer clear

Blockchain security firm CertiK warned users to stop interacting with Arbix Finance as they have identified the project as a rug pull.

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Airdrop Mania Sees Latest Airdrop Rug Pull on Buyers Through Smart Contract Exploit

As reported by @cat5749, a scam surfaced on Dec. 31, 2021 to reward $YEAR tokens to ETH transactions based on the contents of their Metamask wallet. The post Airdrop Mania Sees Latest Airdrop Rug Pull on Buyers Through Smart Contract Exploit appeared first on BeInCrypto.

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Squid Game inspired token rallies 500% to become a top gainer, but investors should...

After the rug pull that was the Squid Game [SQUID] token in 2021, one might think people would stay far away from seafood or Korean drama-related meme coins. However, this doesn't seem to be the case The post Squid Game inspired token rallies 500% to become a top gainer, but investors should... appeared first on AMBCrypto.

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Команду проекта Metaswap Gas заподозрили в экзит-скаме

Протокол Metaswap Gas (MGAS) на базе Binance Smart Chain (BSC) стал объектом схемы rug pull, сообщили специалисты компании PeckShield. #RugPull PeckShield has detected that @MetaSwapMGAS soft-rugged, the stolen funds (1,100 BNB) are transfered to @TornadoCash (#BSC).

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Metaswap Gas incommunicado as experts link MGAS price drop to rug pull

Following the unexpected MGAS price drop, Metaswap Gas' social media accounts were deleted, supporting PeckShield’s claim of a rug pull.

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$7 Billion in Total Losses: Reviewing the Biggest Crypto Scams of 2021

Over $7. 7 Billion was stolen by crypto-scammers in 2021. Rug pull scams top the list with over $2. 8 Billion. The majority of scams took the form of DeFi and DEX projects. A Chainalysis sneak-peek report into global crypto-crimes has revealed over $7.

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Chainalysis: на схемы rug pull пришлось 37% доходов мошенников за 2021 год

За 2021 год мошенники похитили у пользователей более $7,7 млрд в криптовалютах. Свыше трети этой суммы пришлось на так называемые rug pull, сообщила аналитическая компания Chainalysis. Количество киберпреступлений на крипторынке выросло на 81% по сравнению с 2020 годом.

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Avalanche’s first memecoin SDOG ends in a $30M rugpull

SnowdogDAO (SDOG), the first memecoin to launch on Avalanche, lost over 90% of its value yesterday in what many believe was the platform’s largest rug pull. The post Avalanche’s first memecoin SDOG ends in a $30M rugpull appeared first on CryptoSlate.

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Despite Binance Investigation, SQUID Game Token Up Over 800% In Hours After Monumental Crash

The SQUID token has come under investigation by Binance in an attempt to unravel the circumstances behind the “scam”. The token surged by over 85,000% in under a week before plummeting to record lows in what appears to be a rug pull.

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Binance Froze Squid Game Token Developers’ Wallet Addresses

In a statement earlier today, Binance confirmed that it has frozen and blacklisted wallet addresses associated the developers of Squid Game Token. Squid Game Token Drama Continues As the whole Squid Game Token Saga unfolds, it’s great to see Binance step in and attempt to identify the bad actors responsible for the “rug pull”.

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Squid Game Price ($SQUID) Pumping Once Again, Up Over 400%!

Remember when Squid Game Token executed a “rug pull” and crashed the price to $0? Well the drama is not over yet, investors are buying back in again – just like in the show! Squid Game Price Back Up Just like in Netflix’s Squid Game when participants returned back for a second time, knowing all […] The post Squid Game Price ($SQUID) Pumping Once Again, Up Over 400%! appeared first on NullTX.

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‘Squid Game’ Crypto Crashes To $0 In Minutes

Squid Game token, which made the news last week by soaring over 90,000% in price, is the latest rug pull crypto scam to hit the industry after founders disappeared yesterday with over $4. 3 million of user invested funds.

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Shiba Inu-Inspired Project Exits With $60 Million In Latest DeFi Rug Pull

Investors have lost circa $60,000,000 worth of ETH in the latest DeFi scam AnubisDao that occurred on October 29th, 2021, approximately 30 hours after the project was launched on discord. AnubisDAO developers marketed the project as a fork of OlympusDAO, a decentralized reserve currency that aims to bring more financial stability and transparency by building a decentralized financial […]

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Police forces jump into AnubisDAO saga after $60 million ‘rug’

Launched last week, in the midst of the “dog-coin” surge, AnubisDAO lost control of the project’s liquidity pool, as $60 million of investors’ funds got drained in what appears to be another rug pull incident.

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How To Spot a Rug Pull? What is Rug Pull in Crypto & How To Prevent It?

It is the worst nightmare of every crypto investor. It’s a betrayal of trust of wanton proportions. Some have lost their life savings to it, while others have plunged into depression and suicidal thoughts.

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Will SEC Rug Pull on Bitcoin ETF?

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The General Risks of Rug Pulls and How to Prevent Them

Individuals must be aware of the significance of the term “rug pull” to better understand what is going on in the cryptocurrency world. A rug pull is a type of theft in which the proprietors of a cryptocurrency project quit it after taking money from investors.

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Solana NFT “Iconics” defrauds people of $130,000 in SOL

Solana-based NFT project Iconics appears to have pulled off a rug pull, defrauding unsuspecting investors of over $130,000. The post Solana NFT “Iconics” defrauds people of $130,000 in SOL appeared first on CryptoSlate.

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MoonPirate responds to accusations it is just another Binance Smart Chain “rug pull”

MoonPirate collapses less than half a year after launching on the Binance Smart Chain (BSC), leaving many to question if it was a thinly veiled scam from the start. The post MoonPirate responds to accusations it is just another Binance Smart Chain “rug pull” appeared first on CryptoSlate.

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Solana Based DeFi Protocol, Luna Yield, Goes Dark as Customers Fear An Exit Scam: Report

While the market appears to be rallying once more, this month hasn’t been all sunshine and rainbows for crypto platforms. In what is growing to be an alarming trend, it appears that a rug pull might have duped some crypto investors.

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Mind Music: A Rug Pull Proof DeFi Project Working to Bring Awareness Around Mental Health

Mental health is still a taboo subject as not many who suffers from it silently ever comes out in the open to share their problems or seek medical help. One of the key reasons for that is the lack of awareness among the general masses on how to deal with and help people suffering from […]

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ShibaSwap Staking Contract May Have Critical Design Flaw: Ex-Santiment CTO

Yet another DeFi project may have a backdoor for a potential "rug pull," according to blockchain veteran Valentin Mihov

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This token crashes 99.99% within minutes after $2.3 million Rug Pull

WhaleFarm, a DeFi project with an entirely anonymous team has reportedly swindled approximately $2. 3 million from investors. Its native token's value depreciated to almost nothing as soon as the news The post This token crashes 99.

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You need to know about rug pulls and its effect on Ethereum and DeFi

Among hacks and malicious maneuvers plaguing the DeFi ecosystem, rug pull is currently top of the list. With several recorded instances in the past six months, rug pulls have thrived on DEXes. The topThe post You need to know about rug pulls and its effect on Ethereum and DeFi appeared first on AMBCrypto.

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Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations

The Polywhale decentralized finance (DeFi) protocol has been shut down with the team selling off their tokens in what appears to be the latest rug pull. The post Polywhale Team Jumps Ship Amid DeFi Rug Pull Accusations appeared first on BeInCrypto.

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Polywhale Finance founders accused of rug pull amid abrupt shut down

The founders of the DeFi yield farm have allegedly redeemed over $1 million worth of tokens as the Treasury wallet was drained Monday.

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Alchemix DeFi Protocol Fixes Reverse Rug Pull Vulnerability

The Alchemix decentralized finance (DeFi) protocol discovered a potential exploit and acted quickly enough with a patch before the funds disappeared. The post Alchemix DeFi Protocol Fixes Reverse Rug Pull Vulnerability appeared first on BeInCrypto.

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DeFi Token Touted by Billionaire Mark Cuban Collapses to Zero

Billionaire Mark Cuban claims that he got out before the Iron Finance "rug pull" took place

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Bitcoin: Get Ready to Take Cover if FOMC Meeting Misses the Mark

Market sentiments are in Bitcoin’s favor as on-chain data signals an influx of retail and with stimulus checks coming in, as long as Fed Chairman Jerome Powell doesn’t pull the rug on equities. The post Bitcoin: Get Ready to Take Cover if FOMC Meeting Misses the Mark first appeared on BitcoinExchangeGuide.

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Largest Binance Smart Chain Fraud: Meerkat Finance (MKAT) Rug Pulled with $32 Million Losses

Another day, another "rug pull" in DeFi corner. The team at Meerkat Finance (MKAT), BSC-based "yield farming" protocol, left with whopping $32 million in BUSD and BNB

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Токен DeFi-проекта DistX обвалился после опустошения пула ликвидности создателями проекта

Капитализация платформы для проведения токенсейлов DistX всего за сутки рухнула с $1,5 млн до менее $15 000 после закрытия проекта и вывода его создателями средств из пула ликвидности на Uniswap. Участники рынка видят в этом очередной пример так называемого rug pull.

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Another “rug pull” takes place, taking a $1.5m market cap Ethereum coin to $15,000

It appears that another DeFi “rug pull” has taken place as investors continue to throw money at an array of Ethereum small caps, even if they don’t have fully-developed products or long-standing teams.

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Happy ending: Investors track down “rug pull” scammers, some Ethereum returned

As CryptoSlate reported, on Friday, the Ethereum DeFi space experienced three “rug pulls” or scams that amounted to $1.2 million worth of losses for unfortunate investors. The post Happy ending: Investors track down “rug pull” scammers, some Ethereum returned appeared first on CryptoSlate.

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A professional, active DeFi pool manager - iob.fi DAO

It seems that every week the Decentralized Finance (DeFi) sector is hit by news of a new rug pull. Tokens with anonymous teams behind them garner hundreds of thousands, even millions of dollars in marThe post A professional, active DeFi pool manager - iob.fi DAO appeared first on AMBCrypto.

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This DeFi app based on Ethereum just stole $12 million from its users

The Ethereum decentralized finance (DeFi) space was just hit with a “rug pull,” with unknown developer(s) dragging in $12 million in what seems to be the biggest ostensible scam in recent weeks.

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$10.8M Stolen, Developers Implicated in Alleged Smart Contract ‘Rug Pull’

Rogue developers seem to have rug-pulled their own project, Compounder Finance, netting some $10.8 million in funds from the project’s investors.

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An Epic Beginners Guide to Uniswap [2020]

With so many new decentralized finance (DeFi) protocols emerging almost daily on the Ethereum blockchain, those in the crypto space hear almost every day about newly minted millionaires, huge returns on tiny investments, and also the occasional rug pull.

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DeFi's $COVER: Another 'rug pull' and coin dump?

DeFi's total value locked [TVL] figures seem to be holding above $10 billion, however, scams are crawling out of the shadows, one project at a time. While 'scam' is a strong, blanket word, not all proThe post DeFi's $COVER: Another 'rug pull' and coin dump? appeared first on AMBCrypto.

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Trust no one: Founders of once-$50 million Ethereum coin “rug pull” users

While the Ethereum decentralized finance space has cooled down dramatically since the euphoria seen in August and September, the space is still rife with scammers. The post Trust no one: Founders of once-$50 million Ethereum coin “rug pull” users appeared first on CryptoSlate.

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