Defi rug pull – DIGIT INFO

Base DeFi project disappears after rug pull

DIGIT — Mon, 16 Sep 2024 07:39:59 +0000

BaseBros Fi, a DeFi protocol on the Base blockchain, vanishes after stealing user funds via an unaudited contract.

Another Binance Smart Chain Project Turtledex Rug Pulls With Tokens Worth $2.5M Confirmed Stolen

DIGIT — Mon, 22 Mar 2021 05:30:13 +0000

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. At the time of writing, the social media accounts […]

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12 Defi Con Artists Exposed – Are Rug Pulling Incidents Threatening the Future of Defi ?

DIGIT — Mon, 12 Oct 2020 09:00:30 +0000

The ongoing hype about the abnormally high returns from Defi tokens has naturally seen many more investors moving funds to decentralized protocols. As of October 10, total value locked in Defi protocols was nearly $11 billion. However, despite this apparent endorsement of Defi, rug pulling incidents and outright scams now seem to be blighting this […]

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