Magnet Finance rug pulls $6.4m on Base L2

2023-8-25 13:41

Coinbase’s Base L2 network faces a new setback as Magnate Finance orchestrates a $6.5 million exit scam using price oracle manipulation. On Aug. 25, ZachXBT, an on-chain analyst and crypto expert, sent out a community alert through X (previously known…

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base finance analyst crypto on-chain aug zachxbt

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Источник: btcmanager.com

base finance → Результатов: 37

Magnate Finance's shocking rug pull shakes Base users; millions lost

The Magnate Finance rug pull is amongst a long list of such attacks afflicting the DeFi sector. The total value locked amounted to $6.4 million. Magnate Finance, a decentralized finance (DeFThe post Magnate Finance's shocking rug pull shakes Base users; millions lost appeared first on AMBCrypto.

2023-8-25 19:00	DeFi
finance magnate pull rug shocking millions lost

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Magnate Finance Pulls $6.5M Exit Scam on Base L2 Weeks After BALD Token Debacle

Magnate Finance has reportedly exit scammed with $6. 5 million from Coinbase's Base layer-2 network, using price oracle manipulation of DAI and wETH. This follows a $23 million rug-pull involving BALD tokens.

2023-8-25 08:56
base bald magnate exit million finance dai

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Base Blockchain by Coinbase Hosts over 500 Suspect Tokens; Big Players Eye This Shiba Inu Contender

The trend of meme coins incorporating play-to-earn (P2E) games into their ecosystems is becoming increasingly popular in decentralized finance (DeFi). As the popularity of such meme coins continues to rise, the search for the best DeFi cryptocurrency with the most intriguing gameplay and attractive rewards intensifies.

2023-8-23 21:14	Press releases
meme coins defi popular such increasingly decentralized

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OPX Finance token soars 182% in 24 hours: Here’s why

Optimism tokens soar after Coinbase news helps inject fresh buying pressure. OPX, VELO and SONNE all spike, with OP also up double digits. Coinbase has launched an Ethereum scaling solution dubbed Base.

2023-2-25 13:34	price
coinbase opx all sonne spike double scaling

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Metacryp: A Fantastic Game-Fi Utility Project Building Community Momentum Like BNB And Uniswap

A massive fan base of meme token lovers, decentralized finance users, and new cryptocurrency adopters switch camps to Game-Fi and play-to-earn token projects as they see its earning potential.

2022-10-26 00:32	Sponsored
game-fi token switch camps adopters cryptocurrency users

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The Only Cross-Chain DEX you’ll Ever Need – Highest Liquidity and Best Prices

Decentralized finance, or simply DeFi, is ever-evolving, dynamic, and community-driven. The desire to offer the best options for its global, quality-insistent base distinguishes this sub-sphere from legacy systems.

2022-6-8 10:00	Industry
best options community-driven desire offer global legacy

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How Dollar Parabola Breakdown Could Boost Bitcoin Price

Hate all you want; the US dollar is still the most dominant force in finance, and the global reserve currency. It is the de facto base currency in most trading pairs, even against Bitcoin. Because of this, when the dollar moves, so does the rest of the market. Find out why the dollar could be […]

2022-4-22 18:45
dollar bitcoin currency could when even trading

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Ethereum Targets Enterprise Adoption With Infura Transactions (ITX) Launch

The Ethereum network is seen as the front-runner for decentralized finance (DeFi). However, high transaction fees and network congestion have seen rival platforms steal the blockchain’s user base.

2021-9-16 19:20	Ethereum (ETH)
ethereum network seen transaction however high fees

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Wault Finance Among the Most Active DeFi Protocols in Binance Smart Chain (BSC) and Polygon

Decentralized Finance, or simply DeFi, is all about simplicity, end-user control, and the promotion of financial inclusion. It operates parallel to the red-tape constricted legacy systems, and developers are doing everything in their power to port over viable projects to a decentralized base layer.

2021-7-15 14:40
decentralized defi finance systems developers legacy constricted

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Binance Smart Chain-Powered DEX Sees Volume Surge Amid Gas Crisis

PancakeSwap was spawned out of the decentralized finance (DeFi) cloning and food farming frenzy in late September 2020. Instead of duplicating Uniswap on Ethereum, it chose Binance Smart Chain (BSC) and its BEP20 standard to base its operations.

2021-2-11 10:13
binance smart duplicating uniswap instead september late

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Here’s Why Yearn.finance’s YFI Could Soon Gain Some Explosive Momentum

Yearn. finance’s YFI token has seen massive gains from its multi-month lows of $7,500 set just a few weeks ago. The strength it has expressed since it drifted towards these lows has been impressive, with bulls laying a strong base of support within the lower-$20,000 region.

2020-12-19 00:00	yfiusdt
lows yfi finance yearn support within base

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XRP Ledger announced as base for FinNexus's tokenized asset issuance

In yet another milestone for the XRP Ledger [XRPL], an open finance hub called FinNexus has revealed its plans to leverage XRPL's technology, according to a recent blog published on 17 January. In The post XRP Ledger announced as base for FinNexus's tokenized asset issuance appeared first on AMBCrypto.

2020-1-18 20:30	Trading View
finnexus ledger xrp xrpl issuance announced asset

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Crypto Finance AG expands its crypto-asset storage business to Germany

Crypto Finance AG, a blockchain asset-related holding company founded in June 2017, announced that it has expanded its Crypto Storage AG subsidiary into Germany with a new office in Frankfurt. With a base in Frankfurt in 2019, Crypto Storage is establishing its technical infrastructure in Germany to enable an offering of secure digital asset storage […] CryptoNinjas: Crypto Finance AG expands its crypto-asset storage business to Germany

2019-11-18 14:28
storage crypto germany finance frankfurt business crypto-asset

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Alibaba turns away from crypto

The Alibaba Group has officially announced that it does not support cryptocurrency payments. It seems that Alibaba is turning away from crypto following the global IT giants. Earlier, Apple and Google announced that they will develop electronic payment systems on the base of fiat finance.

2019-11-19 14:10
alibaba announced away crypto base payment develop

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Binance to support DeFi through Chainlink collaboration

On October 25, Binance officially announced that it would be supporting growth of decentralized finance (DeFi) by collaborating with Chainlink to connect the cryptocurrency data on its platform to blockchains.

2019-10-26 21:00	DeFi
binance defi chainlink collaboration through support development

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Liquid Network Expands With New Memberships and Integrations

Blockstream's Liquid Network has expanded to include 14 new members. With these additions, Liquid’s client base now boasts 35 institutions. The company also announced that Liquid is now available on Bitfinex and RenrenBit, a crypto finance app.

2019-5-8 18:47	Adoption & community
liquid network blockstream institutions bitcoin transfers users

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Report: Payment Processor Netpay to Integrate Blockchain Technology

Major international payment solutions company Netpay has reportedly partnered up with an Israeli-based firm to integrate blockchain-based technology in its services. Netpay to Integrate Blockchain Tool Netpay, an international payment processing company, has partnered up with BNC LedgerTech to provide blockchain-based services to its broad user base, according to a report from Finance Magnets.

2019-2-15 21:00
netpay payment integrate report technology blockchain blockchain-based

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Hitting Milestones: Ripple Just Exceeded 200 Customers

The fans of the popular global blockchain company Ripple have more cause for celebration as the company bags 13 more customers to bring its customer base to just over 200. These include SendFriend, JNFX, Euro Exim Bank, WorldCom Finance, Pontual/USEND, Ahli Bank of Kuwait, BFC Bahrain, GMT, Transpyago, Olympia Trust Company, ConnectPay, FTCS, and Rendimento.

2019-1-9 16:01	ripple
customers 200 company ripple bank milestones hitting

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Ripple Price Analysis: XRP a “Stable”, Range-bound

Ripple Price is surprisingly ranging within a 6-cents zone. Bulls yet to break above the all-important resistance level at 40 cents Kuwait House Finance Adopts Ripple’s Technologies Bitrue avails four more trading pairs with XRP as base Although participants are raving about Ripple (XRP), prices are stable and confined within a 6 cents trade range.

2019-1-7 18:00	XRP
ripple xrp price stable cents within analysis

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Energy Incentives Make Bitcoin Mining a Natural Fit for B.C., Canada

When it comes to bitcoin mining, Canada is a natural. A temperate climate helps to keep mining equipment cool, and plentiful renewable energy from hydroelectric dams gives Canadian provinces like British Columbia a natural advantage with cheaper electricity costs.

2018-12-22 21:41	Mining
bitcoin mining energy power canada hydro new

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The Crypto Finance Group 2019 outlook is strong after year one of operations

CryptoNinjas The Crypto Finance Group outlook for 2019 is strong after year one of operations. With a client base of over 100 professional investors and financial intermediaries, representing thousands of investors worldwide, the Crypto Finance.

2018-12-18 00:30
finance crypto one operations year 2019 outlook

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WinMiner Crypto Mining Token Wins ICO Pitch And Set To List On DX.Exchange

WinMiner Wins ICO Pitch And Set To List At DX. Exchange The Finance Magnates Summit held in London last week saw WinMiner being declared as the DX Exchange Pitch Competition. In emerging the victor, the WinMiner managed to outpace more than 11 competitors thanks to its ever growing user base and ease of use. The […]

2018-11-22 01:50	News
winminer pitch exchange list set ico wins

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WazirX Exchange CEO Asks Indian Finance Minister To Regulate Cryptocurrencies In India

WazirX CEO Asks Indian Finance Minister To Regulate Cryptocurrencies In The Country There are currently ten cryptocurrency exchanges in India with a user base of 5 to 6 million. In October, India’s finance minister Arun Jaitley had a crucial meeting with industry stakeholders.

2018-11-20 22:41	News
india cryptocurrencies minister finance meeting wazirx ceo

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Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.

2018-11-14 00:53	Investing
blockchain bitfury final frontier company services traditional

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Santander Expand XRP Adoption

The Santander Bank chain has recently announced the expansion of its Ripple powered platform, OnePay FX for other European countries. Santander also intends to use Ripple ledger for all its payment settlements for the future.

2018-10-10 17:30	XRP
ripple xrp santander adoption bank all big

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Former UBS Bankers Are Building a Crypto Bank in Switzerland

Seba Crypto AG (SEBA) has raised 100 million Swiss francs ($103 million) for the creation of a regulated bank that lets customers trade fiat for digital currency. The Zug-based startup is headed by former UBS managers Guido Buehler, who serves as CEO, and Andreas Amschwand, who serves as chairman.

2018-9-27 22:14	Digital assets
services crypto banking financial switzerland seba traditional

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AxiomLevel Targets Institutional Investors With Investor Onboarding Platform

The slow trickle of traditional investment into the crypto market may turn into a flood if a new platform launched by blockchain services provider AxiomLevel Technologies makes its desired impact.

2018-8-6 18:55	Investing
investor axiomlevel investors regulatory platform market digital

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Skrill Adds Wallet Support for Bitcoin, Bitcoin Cash, Litecoin, and Ethereum

On July 25, 2018, London-based Skrill announced its support of four major cryptocurrencies on its popular wallet application. Skrill’s Cryptocurrency Push As per a report on Finance Magnates, Skrill added Bitcoin, Bitcoin Cash, Litecoin, and Ethereum currency options for its customer base of over 25 million spread worldwide.

2018-7-27 14:00
bitcoin skrill litecoin ethereum cash support wallet

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Lucky Number 6: ORCA Made Crypto to Fiat Withdrawal Under 6 Seconds

Instant crypto withdrawals are now a reality. The bridge connecting cryptocurrencies with regular finance is being built brick after brick. Fintech start-up ORCA has presented their technological case for the community during a live event streamed online.

2018-6-12 19:00	Press Release
orca seconds crypto lucky streamed event live

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ZKasino rug pull suspect detained in Netherlands

Netherlands officials announced the arrest of a suspect in fraud, embezzlement, and money laundering of the gaming platform ZKasino.

ZKasino presents DAO governance model following accusations of $32m rug pull

The developers of the ZKasino project presented a DAO management model for ZKAS token holders.

SPCT token plunges 43% amid allegations of a rug pull

Spectra Chain’s native token, SPCT, experienced a significant decline, plummeting 43% on Friday morning following emerging allegations of a potential rug pull by its team. At the time of writing, the token was trading at $0.0094, marking a 27% fall…

ONI token’s price crash and dev’s silence sparks fears of potential rug pull by Anonify devs

ONI, the utility token of Anonify, has experienced a dramatic decline, dropping over 90% in the past few weeks, contrasting sharply with the cryptocurrency markets, which have seen a notable increase in prices recently, with Bitcoin reaching new highs. The…

CertiK confirms OrdiZK exit scam, $1.4 million stolen

CertiK has confirmed that OrdiZK, a self-described "ETH, BTC, and SOL" bridge, has conducted an exit scam, stealing roughly $1.4 million.

Blast network’s layer 2 project falls prey to 500 ETH rug pull

The Blast network's layer 2 solution built for Ethereum went dark shortly after funds were siphoned off. Here are the details.

2023-8-25 13:41

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