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“# How to spot a rug pull in DeFi, 6 tips by Cointelegraph ” In our latest in-depth video, Cointelegraph shares six key tips on how to increase your safety when investing in DeFi by identifying rug pulls — One of the most widespread types of crypto scams. Booming growth coupled with a lack of…
“# Beeple’s Discord compromised, timed to coincide with Christie’s auction ” An admin account for Beeple’s official Discord group was compromised overnight resulting in a fake NFT drop that saw users lose an estimated 38 ETH. An admin from Beeple’s Discord named “Multi” confirmed to the group on Nov. 10 that their account had been…
“# SQUID token up 600% today despite debacle and Binance investigation ” The world’s biggest crypto exchange, Binance, has launched an inquiry into the Squid Game token to trace funds associated with the epic 45,000% pump and dump a few days ago. The Binance Smart Chain-based gaming token SQUID is suspected to be an exit…
“# Game over! ‘Squid Game’-inspired crypto scam collapses as price crashes from $2.8K to zero ” A cryptocurrency inspired by Netflix’s internationally hit TV show Squid Game scammed investors in what appears to be a $3.38-million “rug pull” scheme. Dubbed SQUID, the cryptocurrency plunged to almost a fraction of a cent minutes after crossing over $2,850 at…
“# Aussie firm to launch $100M class action over dodgy QOIN token ” The issuer of a controversial cryptocurrency that can only be sold in batches of $125 daily on a single exchange is facing pushback from an Australian law firm. Queensland-based law firm Salerno Law plans to file a lawsuit accusing BPS Financial Limited…
“# Twitter flags Squid Game token accounts as price crashes ” Following a mind-blowing price surge, the Squid Game (SQUID) token plummeted over 99% shortly after Twitter flagged its “official” accounts on the social media platform as suspicious. According to data on CoinMarketCap (CMC), the SQUID token experienced its first downward move on Monday, erasing…
“# Users unable to sell Squid Game token clocking 45,000% gains ” A new token, Squid Game (SQUID), inspired by the eponymous Netflix show, has posted 45,000% growth in a few days after launch earlier this week, but multiple investors are reportedly unable to sell the token. “We have received multiple reports that the users are not…
An increasing number of American seniors have been targeted for romance scams during the pandemic. The Federal Trade Commission (FTC) published an updated report on the top scams that have cost seniors aged 60 and up millions of dollars. “Romance scams; prize, sweepstakes and lottery scams; and business impersonator scams caused the highest aggregate reported losses for older adults,”…
“# ‘Evolved Apes’ NFT creator allegedly absconds with $2.7 million ” Investors in Evolved Apes, a recently launched PFP — short for profile picture — nonfungible token (NFT) projec, are grappling with the disappearance of the project’s anonymous developer. Going by the moniker “Evil Ape,” the developer has allegedly lived up to the name by…
“# Vulnerable: Kraken reveals many US Bitcoin ATMs still use default admin QR codes ” Kraken Security Labs has said that a “large number” of Bitcoin ATMs are vulnerable to hacking as the administrators never changed the default admin QR code. In a Sept. 29 blog post, Kraken posted research from its Security Labs team…