2023-5-25 16:46 |
On-chain detective ZachXBT believes that the project has “likely exit scammed” after bridging $31.6 million to multiple addresses on Tron and Ethereum.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
|
Ordinals Finance has carried out an exit scam resulting in the theft of $1 million, blockchain security firm CertiK said April 24. The project’s deployer address has emptied Ordinals Finance’s smart contracts, swapped the project’s token (OFI) for Ethereum (ETH), and consolidated funds in one account.
2023-4-25 23:25 | |
|
|
The Chief Operating Officer of PROOF Collective has called it quits with the company. Here are the details of his controversial exit. What Happened With Ryan Carson? Ryan Carson shocked the NFT community on April 25th when he announced that he’s quitting PROOF Collective, an NFT company currently making the rounds in the crypto space.
2022-4-27 05:27 | |
|
|
Founder Kevin Rose addressed the controversial exit of Ryan Carson, the project’s chief operating officer, in a Twitter Spaces on Monday.
2022-4-26 23:08 | |
|
|
Fantom (FTM) price decreased 22% by reaching $1. 32 per coin after key personnel associated with its project announced that they were leaving. Fantom is in deep trouble following the departure of two high-profile employees, Anton Nell, a senior solutions architect, and Andre Cronje, a prolific developer, without providing any clues about why they left.
2022-3-9 00:34 | |
|
|
Rumors circulated last week that Facebook’s parent company and its partners are looking to exit its troubled cryptocurrency project. Well, it turns out the grapevines were correct. Mark Zuckberberg’s cryptocurrency Diem will not see the light of day.
2022-2-2 20:11 | |
|
|
Tron founder Justin Sun has announced his exit from the project to focus on crypto legitimization in Latin American countries starting with Grenada, where he will be the government's ambassador to the World Trade Organization (WTO).
2021-12-18 21:33 | |
|
|
Decentralized finance (DeFi) project WhaleFarm joins the fast-growing list of exit scams, hijacking millions as its native token’s value plummeted by almost 100% in minutes. The post Ethereum token ‘WhaleFarm’ drops 99% in latest DeFi scam.
2021-7-2 22:00 | |
|
|
The project’s genesis was a success with 639,000 ETH committed and $1.3 billion FEI minted. But with little demand for FEI right now, people are running for the exit, which has consequences. The post Fei Stablecoin’s ‘Protocol Controlled Value’ Penalizes Those Wanting Their ETH Back first appeared on BitcoinExchangeGuide.
2021-4-6 16:04 | |
|
|
TurtleDex, a Binance Smart Chain dApp, exit scammed its users today, after its highly anticipated launch. The post Binance Smart Chain project TurtleDex pulls the rug on its users and steals $2.5 million appeared first on CryptoSlate.
2021-3-21 22:08 | |
|
|
As Whatsapp users exit the platform and move en masse into other apps, Signal is hoping to engage and keep them with new features, including cryptocurrency payments. The post Privacy-Focused Messenger, Signal, is Testing Crypto Payments Using A Stellar-based Project first appeared on BitcoinExchangeGuide.
2021-1-28 19:46 | |
|
|
Larimer ensures that he is not going anywhere and will continue to build more products. EOS was his third project after Bitshares and Steem. The post “With Change Comes Opportunity,” says Block.
2021-1-11 16:52 | |
|
|
Developers of the Sharktron defi project have exit scammed with reports suggesting that TRX tokens worth up to $10 million are missing. The Tron Foundation has confirmed the theft, but is quick to inform Sharktron token holders that a portion of the missing funds has been frozen.
2020-11-11 18:57 | |
|
|
The long-awaited and much-hyped Filecoin project lifted off late last week, but it’s raised a lot of questions over possible Ponzi tokenomics and the specter of a swift exit as token prices plunge.
2020-10-19 09:51 | |
|
|
Binance trading giant has helped an anonymous Chinese user to recover the 200,000 yuan he lost overnight to a yield-farming project that conducted an exit scam
2020-10-14 13:33 | |
|
|
Tron’s primary DeFi project whitelisted what looks like a scam.
2020-9-15 18:32 | |
|
|
Yfdex. Finance (Yfdex), a new liquidity mining pool, has reportedly exit scammed, making off with up to $20 million of investors’ funds. The decentralized finance (Defi) project convinced people to hand over their life savings following just two days of aggressive marketing on social media, and then disappeared without a trace.
2020-9-11 05:00 | |
|
|
DeFi project – Xfinance announced they will cooperate with LID Protocol and launch XFI ILO presale on the LID presale Dapp, launch date scheduled for September 10th. LID Protocol solves the issue of Uniswap exit scamming by using standardized non-custodial presale smart contracts that lock liquidity.
2020-9-7 09:23 | |
|
|
After a number of individuals from the crypto community accused the anonymous developer Chef Nomi of exit scamming, the developer transferred the project over to Sam Bankman-Fried, the CEO of the trading platform FTX.
2020-9-6 21:20 | |
|
|
Two token projects, namely Nugs.space (NUGS) and Nexeum Protocol (NEXE), which were recently listed on popular DEX platform Uniswap, seem to have exit scammed soon after their listings. After the news broke out about a possible exit scam, NUGS token project in their official Telegram group, claimed that their smart contract system encountered a bug […]
2020-8-13 21:07 | |
|
|
The developer behind Asuka, a short-lived fork of DeFi project Yearn Finance (YFI), conducted an exit scam this morning, with sources noting the loot was between the range of $30,000-$60,000. The post The DeFi issue: Korean behind YFI fork “Asuka” leads $60,000 exit scam appeared first on CryptoSlate.
2020-8-4 16:00 | |
|
|
Cloud Token which collapsed back in October 2019 has drafted new contracts that might see its investors lose more money as opposed to being reimbursed. The project turned out to be another ‘Ponzi’ within the crypto industry following payout defaults last year as stipulated in their agreement with investors.
2020-1-23 00:31 | |
|
|
After a spate of big names parting ways with the Libra Association late last year such as Paypal, Visa, Mastercard, and Ebay, British telecommunications giant Vodafone has become the latest to bid the ambitious digital asset project farewell.
2020-1-22 10:30 | |
|
|
The Foin project, issuer of the unfortunate FOIN token, issued a lengthy explanation of its recent market price fiasco. The project, at the least, showed it has not planned an exit scam and will continue operating.
2020-1-13 12:00 | |
|
|
In what may be the biggest blow yet to Facebook's Libra, payment giants Mastercard, Visa, eBay, and Stripe have abandoned the troubled cryptocurrency project.
2019-10-17 14:05 | |
|
|
Following PayPal’s departure earlier this month and then eBay, Stripe, Visa, and Mastercard, payments company Mercado Pago followed soon after and today Booking Holdings, an online travel company has also announced that it is withdrawing the participation in the Libra Association.
2019-10-14 19:37 | |
|
|
It seems that the sensational Libra project is close to collapse. The largest companies leave the Libra Association. At first, PayPal announced the exit from the Libra project. This was followed by another giant – eBay.
2019-10-14 14:26 | |
|
|
In the wake of Paypal’s very public exit from the Libra project, U. S. lawmakers are now pressuring Stripe, Visa and Mastercard to rethink their membership of the Libra Association as well.
2019-10-11 06:45 | |
|
|
Senators Brian Schatz and Sherrod Brown have called on Visa, Stripe, and MasterCard to reconsider their membership of the Libra Association.
2019-10-9 14:30 | |
|
|
Visa and Mastercard, followed by PayPal, plan to refuse to cooperate with Facebook in the Libra cryptocurrency project due to regulatory confrontation.
2019-10-8 13:57 | |
|
|
The walls are all but crumbling down around Facebook’s embryonic ‘cryptocurrency’ venture, as PayPal allegedly considers calling quits on Libra. Libra Back(er)s Against the Wall First Visa, and MasterCard, and now PayPal.
2019-10-4 15:46 | |
|
|
The PayFair project, an Ethereum-based startup that has been around for about three years, closed its site temporarily due to a compromised private key on its chief cold wallet. The funds were moved from the hacked wallet into a still unrevealed new cold storage.
2019-10-3 22:00 | |
|
|
The team behind the Claymore (CLM) token project, a deflationary cryptocurrency launched on the Ethereum (ETH) blockchain, appears to have pulled an exit scam. This, according to a post from a Reddit user, who revealed that all social media accounts associated with the Claymore token have now been deleted.
2019-7-17 20:58 | |
|
|
The promise for fast gains through a high-frequency trading robot enticed many to send funds to the NovaChain project.
2019-7-16 16:34 | |
|
|
Ian Holtz, CEO of Aphelion, a crypto project that set out to build a decentralized exchange (DEX) on the… The post New Crypto Project Exit Scams, Founder Moves To Bali and Pictures Everything appeared first on Invest In Blockchain.
2019-6-6 17:33 | |
|
|
Though rumors have been swirling for a year, Hard Fork this week confirmed that the blockchain startups have dissolved their offices in the UK. RepuX, a data-sharing project, made a hearty $4.7 million off its ICO last March, while gambling coin JoyToken took in $3.3 million.
2019-5-17 20:53 | |
|
|
Every time money is involved in any business model or project, there is a good chance an exit scam will occur sooner or later. In the cryptocurrency industry, such exit scams are a lot more common than one might think.
2019-5-11 20:39 | |
|
|
By CCN. com: Juventus stock plunged by more than 23% in the two days following the club’s Champions League exit, where a goal by Cristiano Ronaldo wasn’t enough to stave off defeat against Ajax. Such is the financial gulf between Italian giants Juventus and their Dutch opponents that the share price of Juventus Fc SpA (JUVE) sunk like a stone immediately after the game.
2019-4-18 18:21 | |
|
|
Тhe WINBIX marketplace aims to create a new channel for sales, allowing participants to sell goods at the demand prices at any time. The system uses the reversed auction model. The price of the goods decreases until one of the participants stops the auction.
2019-4-15 06:03 | |
|
|
Bitcoin Cash developer Amaury Sechet has left the Bitcoin Unlimited organization. He joined the company during the contentious days of 2017 because the Bitcoin Core fork was entertaining alternative implementations of Bitcoin, such as those with blocks larger than one megabyte.
2019-3-26 00:03 | |
|
|
Billionaire Elon Musk confirmed that he exited OpenAI, an artificial intelligence research group, on “good terms” amid disagreements with team members over the project’s direction.
2019-2-18 21:07 | |
|
|
MilCoin is an Asset-backed ERC20 Ethereum token developed by Cryptocurrency Engineers and will be used to acquire a large volume of Beachfront Real Estate throughout Latin America. The LatAm OceanRE, Ltd.
2019-2-17 11:27 | |
|
|
Were you using Haven Protocol? If you did, we have bad news for you. A man called “news. cutter” has recently reported that the single developer working on the project has abandoned it. The report was made after a Reddit post was found by the team (https://www.
2019-1-21 21:28 | |
|
|
MonitorChain recently uncovered a potential scam in the cryptocurrency industry which could be enabling fraudsters to make millions of dollars at the expense of investors. The scam could be an exit strategy which is driving the price of the underlying security to nearly nothing.
2018-12-7 19:14 | |
|
|
Centra, a project that reached a wide audience by celebrity endorsement, collapsed in April, and became one of the high-profile ICO exit scams.
2018-11-30 15:33 | |
|
|
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory.
2018-11-21 19:26 | |
|
|
After the Oyster Pearl scandal that saw an anonymous developer dubbed Bruno exploiting their smart contract to mint new coins for himself, it appears that one of the biggest ICOs of last year hyped by, among others, boxer Floyd Mayweather also exit scammed.
2018-11-11 16:06 | |
|
|
Following a controversial exit scam by its founder, the team behind Oyster Protocol has announced that the project will… The post Oyster Protocol Revamps as Opacity, Sets Hard Fork Date for November 9 appeared first on Invest In Blockchain.
2018-11-9 14:32 | |
|
|
Most cryptocurrency users are well aware of the recent Oyster project failure. Although it remains unclear if this was an exit scam or something else taking place entirely, legal action appears to be more than warranted.
2018-11-7 23:19 | |
|
|
Coinbase raises $ 300m for future expansion, Crypto’s race into space heats up, Oyster fraud leaves project in chaos & American Bitcoin trader faces 5-year jail sentence.
2018-11-2 12:04 | |
|
|
| Analogue Notcoin - TapSwap |
Despite tightening law enforcement actions, darknet marketplaces are multiplying as the appetite for illegal goods and services like drugs and firearms continues to grow. Several reports from investigations by government authorities show cryptocurrencies being a popular payment method on these illicit online marketplaces.
Israeli crypto wallet and quasi-exchange, BT360 has left users concerned for their funds after its website and social media accounts were taken down. Clients have also claimed that wallets created by BT360 cannot currently send funds out, causing some to fear an exit scam.
The Cobinhood exchange, a staple of up-and-coming coin and token projects, has announced a sudden down period to audit its balances. Audit Suddenly Announced for a One-Month Period Cobinhood, one of the last exchanges to support multiple altcoins, has turned up with a worrying message.
A bitcoin trader who promised massive returns by investing in his BitMEX fund, has allegedly made away with more than $380,000 in BTC in what appears to be an exit scam. Bitcoin Scammer Drops Parting Joke According to Twitter handle ‘stealthbomber21,’ a bitcoin trader with the moniker ‘hitsXBT’ has defrauded investors in his Bitmex $BTC fund.
Running a cryptocurrency exchange is a very tedious and stressful undertaking. Not everyone is cut out for this 24/7 job, which is only to be expected. Tobiesz Niemiro, a former co-owner of the now-defunct BitMarket exchange, was founded dead this week after what appears to be a suicide.
A lot of things are happening in the world of cryptocurrency. While not all of these developments are prominent or even positive, it is important to keep tabs on everything that is going on. It now appears the Bitsane exchange has become defunct and they may have stone customer funds in the process.