Game over! ‘Squid Game’-inspired crypto scam collapses as price crashes from $2.8K to zero
Dubbed SQUID, the cryptocurrency had rallied by as much as 75,000% to cross over $2,850 but dropped to near zero on Nov. 1. Go to Source Powered by WPeMatico
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Investors rug-pulled after pouring $57M into dog-themed OlympusDAO fork
Hong Kong police have reportedly been notified of the incident, with the primary suspect having filed a police report and handed a computer over to authorities. Go to Source Powered by WPeMatico
Beware of ‘soft rugs’ — a growing menace in decentralized finance
Developers dumping tokens and making off with the proceeds is the latest scourge to plague DeFi. Go to Source Powered by WPeMatico
Critical $20M SafeMoon vulnerability? Project devs say no cause for alarm
One blockchain security firm says its audit of the SafeMoon smart contract has unearthed a potential $20 million vulnerability within the viral meme coin. Go to Source Powered by WPeMatico
Yearn Finance Founder Andre Cronje Set to Fight the Rug Pulled Crypto Messiah in a Dubai Boxing Match
South African crypto entrepreneur and Yearn Finance founder, Andre Cronje, is set to brawl Crypto Messiah in a physical fight at a Dubai crypto conference. The event, which has been dubbed the Cryptocurrency International boxing match, is scheduled to take place on October 15. Pledged Prize Goes to Charity According to organizers of the fight, … Read more
NFT Immutability Debate Grows as Tokenized Tweets Get Deleted and NFT Images Are Replaced
Over the last few months, the non-fungible token (NFT) space has heated up and NFTs have become a topical conversation in the cryptocurrency community. Many supporters believe that NFTs are going to be huge and transform everything from the art industry to online gaming. Others believe that NFTs are completely worthless and nothing more than … Read more
Crypto crime dropped 57% in 2020 but DeFi hacks surged: CipherTrace
Crypto crime rates are dropping despite a massive increase in attacks targeting the DeFi sector, reports security firm CipherTrace. Go to Source Powered by WPeMatico
CertiK dissects the Axion Network incident and subsequent price crash
Auditors see foul play in the deployment of the smart contract, resulting in a classic scam. Go to Source Powered by WPeMatico
