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.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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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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From flash loan exploits to rug pulls to scams, hacks, and crypto tribalism, 2020 has had its fair share of DeFi scandals, sagas, and soap operas. We’ll recap the biggest ones here and take a look into what may be in store for the sector in 2021.
2020-12-21 16:08 | |
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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.
2020-12-14 07:00 | |
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The past few days have marked a renaissance in altcoin trading: previously-unknown projects on Uniswap, the leading Ethereum decentralized exchange, have been rallying by thousands of percent. The post In one day, a total of $1.
2020-12-13 01:00 | |
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Another day, another DeFi hack. Heard that before? Probably a lot these days. Hacks and rug pulls are not uncommon in the DeFi ecosystem. And yet, the space continues to see sustained growth over aThe post Here's why the Pickle Finance hack was different from the rest appeared first on AMBCrypto.
2020-11-23 18:45 | |
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Decentralized finance (DeFi) has no doubt been the driver of momentum for all things crypto this year, but it has not been without its share of horror stories. To mark Halloween, we will be digging into the DeFi nightmares, flash loan frights, smart contract code chills, hideous hacks, scary scams, and terrifying rug pulls so […] The post Decentralized Horror: Roundup of the Year’s DeFi Nightmares appeared first on BeInCrypto.
2020-11-1 15:01 | |
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The decentralized finance (DeFi) boom of 2020 has not been without risks. A great deal of money was made and lost through various pumps, rug pulls, and vulnerability exploits. DeFi Pulse has recognized this trend and launched a safety index to rank risks for various platforms.
2020-10-14 11:47 | |
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Coinspeaker DeFi Insurance is the Perfect Counter to Rug PullsDeFi space users have always been affected by a fear of having a "rug pull". However, insurance may become a cure in this situation.DeFi Insurance is the Perfect Counter to Rug Pulls
2020-9-8 12:28 | |
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The decentralized finance (DeFi) craze is far from over, even after weeks of copy-cat projects and a number of unfortunate “rug pulls” (scams). The post Ethereum DeFi craze continues with SushiSwap: $250 million locked in an unaudited contract again appeared first on CryptoSlate.
2020-8-31 23:56 | |
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Gala Games said it responded swiftly to the significant security breach on May 20 that resulted in the unauthorized sale of $21 million worth of GALA tokens and the “effective burn” of an additional 4.
Pink Drainer, a notorious crypto wallet-draining service, announces its closure after pilfering over $85 million from more than 21,000 victims in the past year. The post Pink Drainer shuts down after dealing over $85 million in damage appeared first on Crypto Briefing.
North Korean hackers deploy new 'Durian' malware to target South Korean crypto firms, with potential links to the notorious Lazarus Group uncovered. The post Kimsuky hacking group targets South Korean crypto firms with new malware — report appeared first on Crypto Briefing.
On May 1, DeFi protocol Pike Finance corrected its description of a recent exploit and said it was not caused by a USDC vulnerability, as previously stated. According to the company’s latest statement: “The term ‘USDC vulnerability’ was inaccurate for summarizing last week’s exploit.
A hacker exploited a bug in a newly launched gaming token on Blast network — Super Sushi Samurai — to steal roughly $4. 6 million worth of Ethereum on March 21 — less than a month from its launch.
Crypto mixer Tornado Cash has reportedly fallen victim to a significant backend exploit that has put user deposits and sensitive data at risk. The security breach was revealed in a Medium post by Gas404, a community member, on Feb.
Bitcoin has broken the $53,000 level for the first time since Dec. 4, 2021, and is currently sitting around $53,538 as of press time. Ethereum is also up on the day, surpassing $3,150, an increase of 4% on the intra-day low.