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Beware of ‘soft rugs’ — a growing menace in decentralized finance

June 24, 2021 by DIGIT
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Developers dumping tokens and making off with the proceeds is the latest scourge to plague DeFi.

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Categories defi, Polywhale, rug pull, soft rug, Venus, XVS
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Stay updated with the latest trends and expert analyses in cryptocurrency on Digit Info, your go-to site for auto-bookmarked crypto news and insights from top sites

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  • ethereumEthereum(ETH)$3,027.12-2.14%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.47%
  • binancecoinBNB(BNB)$882.21-0.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.08-4.57%
  • tronTRON(TRX)$0.2860681.44%
  • staked-etherLido Staked Ether(STETH)$3,025.02-1.69%
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  • bitcoinBitcoin(BTC)$89,478.00-2.04%
  • ethereumEthereum(ETH)$3,027.12-2.14%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.03-2.47%
  • binancecoinBNB(BNB)$882.21-0.71%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$132.08-4.57%
  • tronTRON(TRX)$0.2860681.44%
  • staked-etherLido Staked Ether(STETH)$3,025.02-1.69%
  • dogecoinDogecoin(DOGE)$0.138489-5.41%