2 / 2 Relevant items tagged with #Rugpull

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Weekend Wrap: Uniswap dev sacked for alleged rug, Steadefi hacker goes mixing and more

[Aug 13, 2023 11:10 PM] Uniswap developer AzFlin has admitted to creating the FRENS token but has argued what he did doesn't constitute a rug pull.

Users said CertiK’s warning was a false alarm — then the project rugged

[Aug 4, 2023 8:10 AM] “Don’t shoot the messenger,” said the messenger before dying in a flurry of bullets fired from the barrels of angry crypto enthusiasts.

All Hype? BALD Meme Coin’s Volume Shaved By 96%

[Aug 3, 2023 8:02 AM] A sequence of unfortunate developments has struck BALD meme coin enthusiasts, as the once-shining (no pun intended) digital asset has experienced a jaw-dropping 96% decline in trading volume.  The root cause of this worrying situation stems from…

BALD Coin Rug Pull: How A $100 Million Memecoin Became Worthless Overnight

[Jul 31, 2023 2:00 PM] On July 30, a meme coin called BaldBaseBald (BALD) launched on Base Network, Coinbase’s new Layer 2 built on Optimism. The coin referenced Brian Armstrong, Coinbase’s “bald” founder, and quickly became a coordination point for…

BALD token developer denies rug pull as price falls 85% post-launch

[Jul 31, 2023 11:28 AM] The BALD memecoin collapsed in price as collectors alleged an exit scam, but the developer said they had not sold any coins.

BALD Token Plunges 90% as Developer Pulls Liquidity

[Jul 31, 2023 7:06 AM] BALD launched a little over 24 hours ago and has attracted massive hype - and millions in capital - to Base blockchain.

DeFi Protocol Sparks Speculation Of $16 Million Rug Pull After Severing Lines of Communication

[Jul 28, 2023 5:00 AM] DeFi protocol, Hector Network, has closed its official Discord server, leaving many investors in the dark. The move comes amidst growing suspicions of a $16 million rug pull engineered through a so-called hard rug, a process where funds are quickly…

Multichain Executor has been ‘draining’ AnySwap tokens: Report

[Jul 11, 2023 2:00 PM] The contract has used an “anySwapFeeTo” function to transfer hundreds of thousands of dollars worth of tokens to itself, which on-chain sleuth Spreek suspected may have been malicious.

Multichain's ‘mysterious withdrawals’ have whiffs of a ‘rug pull’ — Chainalysis

[Jul 10, 2023 11:08 PM] Chainalysis told Cointelegraph that they were “describing it as a possible rug pull,” based on an analysis of Multichain’s spurious transactions and internal problems.

Crypto developer commits $2M rug pull fraud to fuel gambling addiction

[Jul 5, 2023 7:17 AM] A Redditor described the developer’s gambling addiction excuse as a “weird way to rug,” as projects usually just run away and delete all the evidence.

Web3 Industry Losses Topped $656 Million in H1 of 2023 — Study

[Jul 5, 2023 5:30 AM] Hackers stole about $471 million in the first six months of 2023 and the theft of $197 million from Euler Finance in March was the single biggest hacking incident in the period, the latest Beosin Web3 report has shown. Contract vulnerability was…

Chibi Finance $1M alleged rug pull: How it happened

[Jul 3, 2023 7:01 AM] The exploiter used a “panic” function buried within eight different smart contracts to remove $1 million worth of users’ funds without their permission.

Chibi Finance Exit Scam: $1 Million Cryptocurrency Heist Rocks Defi Platform on Arbitrum

[Jun 27, 2023 4:00 PM] According to several reports, Chibi Finance, the decentralized finance (defi) platform built on top of Arbitrum, allegedly executed an exit scam on its users. Blockchain intelligence firm Peckshield provided a detailed account, revealing that…

Chibi Finance Rug Pulls Users for $1M, CHIBI Falls 98%

[Jun 27, 2023 6:10 AM] Over 555 stolen ether were swapped from Arbitrum from Ethereum, a security firm said.

DeFi protocol WDZD Swap exploited for $1.1M: CertiK

[May 25, 2023 12:02 PM] The reported attacker is a known exploiter, labeled ‘Fake_Phishing750’ by BscScan.

Blockchain security firm freezes $160K stolen in Merlin DEX 'rugpull'

[May 4, 2023 9:22 PM] CertiK has contacted law enforcement in the U.S. and U.K. to find the pseudonymous operators.

$4M 'exit scam' suspected as Kokomo Finance flies off radar, token plunges

[Mar 26, 2023 11:33 PM] Kokomo Finance's social media presence and websites are offline, while the price of the KOKO token fell more than 95% within a matter of minutes.

Friendsies NFT creators deny 'abandoning' project amid rug pull allegations

[Feb 21, 2023 7:53 PM] The Friendsies NFT collection responded to accusations it was behind a $5 million rug pull after announcing a “pause” of the project.

Logan Paul and CryptoZoo sued in class action lawsuit

[Feb 2, 2023 9:06 PM] Plaintiff Don Holland has filed a lawsuit against CryptoZoo and Logan Paul, alleging the YouTube influencer’s “fraudulent venture” executed a “rug pull.”

Defrost Finance breaks silence on ‘exit scam’ accusations, denies rug pull

[Dec 27, 2022 10:04 PM] Defrost Finance had not publicly commented on the rug-pull accusations in the media until now.

350 new 'scam tokens' were created every day this year: Solidus Labs

[Dec 18, 2022 8:00 PM] From September 2020 to Dec. 1 over 200,000 scam tokens were created with well over half of those deployed this year.

Crypto scammers are using black market identities to avoid detection: CertiK

[Nov 17, 2022 9:48 PM] The blockchain security firm has uncovered a new tactic used by crypto scammers as the industry continues to improve its fraud detection capabilities.