Memecoin Crash: Base Faces Backlash
@Base’s Layer-2 network faces backlash after an unofficial memecoin crashes 90%, raising concerns over on-chain content and memecoin culture. #Update #Crypto $BASE (-7) ↘
Rug Pull
SEC Ends Hailey Welch Investigation Report
The U.S. Securities and Exchange Commission (SEC) has closed its investigation into influencer Haliey Welch over the alleged rug pull of her $HAWK memecoin without filing charges. #Update #Legal $HAWK (0) →
BaseBros Fi Devs Execute Rug Pull
$BaseBrosFi developers siphoned $130K from investors via an unaudited Vault contract. Chain Audits missed a backdoor, enabling the exploit. Stolen funds moved to Tornado Cash; social media accounts deleted. Seamless project unaffected.
Crypto Scandal: ZKX Team Alleged Rug Pull
? The crypto community is outraged as ZKX founder Eduard Jubany Toh announces the project’s closure and refunds after alleged rug pull. Token value drops 75% in a week, raising concerns about transparency in crypto investments. #CryptoNews
ETHTrustFund Ecosystem Accused of $2M Rug Pull
? ETHTrustFund allegedly conducts a $2M rug pull, shocking the Base ecosystem. Experts from @PeckShield and users revealed developers siphoned funds and vanished. The stolen assets were laundered via Tornado Cash. This incident highlights ongoing DeFi risks. #CryptoNews ?
Rug Pull: Gemholic Project’s $3.5M zkSync Fraud #Security
Gemholic project in the #zkSync Era accused of a $3.5M rug pull, withdrawing 921 ETH after fixing a smart contract issue. @SolidProof_io faces criticism for failing to address the fraud. #CryptoScam
Investors Withdraw from ZKasino Amid Rug Pull Accusations – Hodl.Press – digest
Big Brain and MEXC distance themselves from ZKasino amid a $32 million fraud allegation, clarifying their roles and denying direct investment. This incident highlights the risks in the crypto industry, emphasizing the need for transparency, due diligence, and better regulations to prevent fraud and ensure market integrity. The controversy underscores the complexities of cryptocurrency investments and the importance of safeguarding the sector’s reputation for future growth and trust..
ZKasino Accused of $32M Rug Pull in Cryptocurrency Scam – Hodl.Press
ZKasino, a decentralized gambling platform, has drawn scrutiny for halting user withdrawals after amassing over $32 million (10,515 ETH), leading to allegations of fraud. The funds were moved and liquid staked with Lido Finance, causing significant community backlash. Key platforms, including MEXC and Ape Terminal, reacted by canceling ZKasino’s token listing and IDO, promising refunds. This controversy underscores the risks within the DeFi sector, spotlighting the need for enhanced due diligence, transparency, and robust security measures to protect users against fraudulent activities..