This week, a new PolitFi token made the headlines amid the crypto market recovery. Restore The Republic (RTR) caught the attention of investors after rumors of being linked to the Trump family surged. The Trump-themed token saw a massive surge after its launch. However, its price quickly plunged after the former US president’s camp denied…
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Allegations surfaced on Wednesday concerning Reddit moderators who are accused of dumping Moon tokens just minutes before the social media platform announced the termination of its blockchain-based community points program on October 17. The evidence comes from multiple on-chain data analytics and has caused controversy within the cryptocurrency community…. Read More: Reddit Moderators Accused of…
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PEPE, the once-promising meme coin that garnered attention in the past quarter, suffered an unforeseen blow on Thursday as it succumbed to the grip of FUD (fear, uncertainty, and doubt). Despite making waves in recent months, PEPE’s momentum fizzled out by August, exacerbated by a wave of negative sentiment that battered the altcoin. The current…
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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 the withdrawal of more than 6,000 Ether in liquidity from the meme coin’s smart contracts, an action that…
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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. A person is using the Multichain Executor to drain tokens associated with the AnySwap bridging protocol, according to a July 10 report from on-chain sleuth and Twitter…
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The exploiter used a “panic” function buried within eight different smart contracts to remove $1 million worth of users’ funds without their permission. On June 26, decentralized finance (DeFi) aggregator Chibi Finance was exploited by its own deployer account, and $1 million worth of cryptocurrency was drained from its contracts in an apparent rug pull…
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The Royal Mint NFT featured in a series of announcements aimed at making the UK a global crypto hub, with officials saying the NFT is “an emblem” of the approach the UK “is determined to take”. The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one…
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Some members of the NFT project are attempting to continue the development of the game while efforts are underway to apprehend the alleged culprit. Investors in Evolved Apes, a recently launched “pfp” — short for profile picture — nonfungible token (NFT) are grappling with the disappearance of the project’s anonymous developer. Going by the moniker…
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The file storage project has all the markings of a rugpull, but will investors be able to get their funds back? Turns out a turtle’s arms are plenty long enough to pull a rug. Yesterday, March 19 Binance Smart Chain (BSC) file storage project TurtleDex performed a “rugpull” exit scam — a colloquial term for…
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DeFi is “flourished by human greed,” according to a developer for the exploited project. There may be good news on the horizon for the victims of one of DeFi’s largest-ever exploits. At 5:30 AM UTC today, a Meerkat Finance developer identifying themselves as “Jamboo” posted a short message in a newly-created Telegram channel, “Meerkatrefunds.” In…
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