2023-5-6 23:20 |
April was a month of hacks, exploits and rug pulls, resulting in over $100 million in net losses across DeFi platforms.
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A long-running lawsuit against Uniswap Labs that alleged the decentralized exchange developer was responsible for scam tokens and so-called rug pulls traded on its protocol came to an end after a federal judge dismissed the claims on Monday. Judge Katherine…
2026-3-3 10:36 | |
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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.
2021-6-24 19:00 | |
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Decentralized Ethereum 2 staking protocol SharedStake has a developer on the loose that used the admin key and exploited the protocol’s governance token SGT. The post Developer ‘rug pulls’ Ethereum DeFi project SharedStake, SGT token falls 95% appeared first on CryptoSlate.
2021-6-24 07:00 | |
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As Polygon Network (formerly Matic) evolves into dangerous competitor of Ethereum, scam activity migrates to this high-performance platform
2021-6-5 17:38 | |
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The financial instruments of the crypto ecosystem are nowhere near perfect, and it applies to even some of the best projects in the DeFi space. We see rug pulls almost every day on the Binance Smart Chain, leaving millions of users hopeless.
2021-6-5 18:20 | |
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The DApp List, a decentralized multi-chain ecosystem focused on eliminating crypto scams in the industry, has announced the completion of a $1. 77 million round of funding from notable investors to help free the cryptocurrency space from possible scams (rug pulls).
2021-5-8 20:45 | |
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NFT "rug pulls" can be a serious risk when the file is stored on a centralized platform.
2021-3-29 16:30 | |
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The team behind Turtledex protocol, a Binance Smart Chain (BSC) project has reportedly rug pulled its investors shortly after raising 9,000 Binance tokens worth $2. 5 million. Immediately following the confirmation of the theft, the value of the protocol’s native token TTDX, reportedly plunged to near zero.
2021-3-22 08:30 | |
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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 | |
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The most expensive single NFT ever sold went for $6.6 million in February.
2021-3-10 01:05 | |
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TrustSwap opens its pitch by labeling the crypto industry as the ‘Wild West,’ specifically referencing Uniswap and its open listing nature. There are so many potential hazards associated with the decentralized exchange such as rug pulls, flawed smart contract code, liquidity leeching, and various other scams.
2021-2-1 10:48 | |
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This is caused either by hacking, smart contract vulnerabilities, destabilization of an asset, or just a good old fashioned cryptocurrency rug pulls. Either way, solutions are needed to mitigate these losses.
2021-1-13 19:48 | |
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Makina Finance lost 1,299 ETH, roughly $4. 13 million, in a flash-loan and oracle manipulation exploit. The attacker drained the protocol's funds and broadcast the transaction to Ethereum's public mempool, where it should have been picked up by validators and included in the next block.
Makina Finance lost 1,299 ETH, roughly $4. 13 million, in a flash-loan and oracle manipulation exploit. The attacker drained the protocol's funds and broadcast the transaction to Ethereum's public mempool, where it should have been picked up by validators and included in the next block.
According to the latest report, a former Coinbase customer service contractor has been arrested in India for their role in a recent data breach incident. This arrest comes after hackers reportedly bribed customer service representatives or contractors to gain access to customer information at the US’s largest cryptocurrency exchange.
Two headlines hit the internet within hours of each other this week, and together they map the current state of DeFi’s security theater. StakeWise DAO executed contract calls to recover approximately $19.
A forfeiture complaint shared by blockchain detective ZachXBT revealed that the $150 million hack suffered by Ripple co-founder Chris Larsen resulted from private keys stored in the password manager LastPass, which was compromised in 2022.
Safe published a preliminary report on Mar. 6 attributing the breach that led to the Bybit hack to a compromised developer laptop. The vulnerability resulted in the injection of malware, which allowed the hack.
Thorchain is experiencing a developer exodus, as hackers from Lazarus Group are using the interoperability-focused blockchain to launder Ethereum (ETH) stolen in the Bybit hack. A Thorchain developer known as TCB announced that Pluto, the protocol’s unofficial lead developer, is stepping down.