{"id":386277,"date":"2021-12-27T12:20:00","date_gmt":"2021-12-27T09:20:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/metaswap-gas-incommunicado-as-experts-link-mgas-price-drop-to-rug-pull\/"},"modified":"2021-12-27T12:20:00","modified_gmt":"2021-12-27T09:20:00","slug":"metaswap-gas-incommunicado-as-experts-link-mgas-price-drop-to-rug-pull","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/metaswap-gas-incommunicado-as-experts-link-mgas-price-drop-to-rug-pull\/","title":{"rendered":"# Metaswap Gas incommunicado as experts link MGAS price drop to rug pull"},"content":{"rendered":"<p>&#8220;<strong># Metaswap Gas incommunicado as experts link MGAS price drop to rug pull <\/strong>&#8221;<\/p>\n<div class=\"post-content\" data-v-128018ef>Blockchain security company PeckShield has alerted investors of a possible rug pull event after identifying a massive 46.99% price drop on MetaSwap\u2019s MGAS token. The MetaSwap protocol allows nonfungible token (NFT) swaps over the Ethereum, Binance and Polygon blockchains.<\/p>\n<p>Following the unexpected price drop, all official accounts linked with Metaswap Gas \u2014 including <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MetaSwapMGAS\/\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.instagram.com\/metaswapmgas\/\">Instagram<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/medium.com\/@MetaSwapMGAS\/about\">Medium<\/a> \u2014 were removed, supporting PeckShield\u2019s claim of a rug pull.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/RugPull?src=hash&amp;ref_src=twsrc%5Etfw\">#RugPull<\/a> PeckShield has detected that <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/MetaSwapMGAS?ref_src=twsrc%5Etfw\">@MetaSwapMGAS<\/a> soft-rugged, the stolen funds (1,100 BNB) are transfered to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TornadoCash?ref_src=twsrc%5Etfw\">@TornadoCash<\/a> (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/hashtag\/BSC?src=hash&amp;ref_src=twsrc%5Etfw\">#BSC<\/a>). DO NOT STAKE in this contract and if you&#8217;ve <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roved it, REVOKE <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/b7sSsMz3ZE\">https:\/\/t.co\/b7sSsMz3ZE<\/a><\/p>\n<p>\u2014 PeckShield Inc. (@peckshield) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/peckshield\/status\/1475331156459790336?ref_src=twsrc%5Etfw\">December 27, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\nAccording to PeckShield, 1,100 BNB tokens worth almost $602,000 were transferred to an account on Tornado Cash, an Ethereum-based non-custodial solution that is used to break the on-chain link between the sender and the receiver. This process adds to the difficulty in tracking the stolen funds.<\/p>\n<figure><img decoding=\"async\" src=\"https:\/\/s3.cointelegraph.com\/uploads\/2021-12\/eed0cfe6-37e2-4d1b-afba-0c01a0c24a59.png\" alt=\"\" title=\"\"><figcaption style=\"text-align: center;\"><em>Details of the MetaSwap transfer. Source: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/alert.peckshield.com\/detail?id=6e7a620c-3cae-aaec-7f8e-fd326270c9d2\">PeckShield<\/a>.<\/em><\/figcaption><\/figure>\n<p>PeckShield advises investors to stop staking on Metaswap Gas and revoke existing contracts to avoid further monetary losses.\u00a0<\/p>\n<p><strong>Related: <\/strong><strong><em>Bent Finance confirms pool exploit, advises investors to withdraw funds<\/em><\/strong><\/p>\n<p>In December alone, numerous crypto entities became victims to a <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/watch-movies-tv-seriess\/\" data-internallinksmanager029f6b8e52c=\"8\" title=\"Watch Movies &amp; TV Series\" target=\"_blank\" rel=\"noopener\">series<\/a> of exploits, resulting in a cumulative loss of over $600 million. On Dec. 21, Bent Finance proactively asked investors to withdraw their funds after confirming a pool exploit.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/ There was an exploit from the bent deployer address, it added balance of cvxcrv and mim to an address on an unvierifed update 20 days ago. We just discovered this today. There are multiple members on this team and we will make this right.<\/p>\n<p>\u2014 Bent Finance  (@BENT_Finance) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/BENT_Finance\/status\/1473188374492053505?ref_src=twsrc%5Etfw\">December 21, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Similar to other victims of the crypto community including Grim Finance, BitMart and AscendEX, Bent Finance promised its investors to return all the stolen funds. However, the team is yet to announce a plan for the same:<\/p>\n<blockquote><p>\u201cWe recommend you withdraw from the protocol until further notice. We are not going anywhere and will recover from this one way or another.\u201d<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<p><script async defer src=\"https:\/\/platform.instagram.com\/en_US\/embeds.js\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/metaswap-gas-incommunicado-as-experts-link-mgas-price-drop-to-rug-pull\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Metaswap Gas incommunicado as experts link MGAS price drop to rug pull &#8221; Blockchain security company PeckShield has alerted investors of a possible rug pull event after identifying a massive 46.99% price drop on MetaSwap\u2019s MGAS token. The MetaSwap protocol allows nonfungible token (NFT) swaps over the Ethereum, Binance and Polygon blockchains. Following the&#8230;<\/p>\n","protected":false},"author":1,"featured_media":386278,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMTIvZjljZWIwMDctNWExNy00MTJmLTk4ZjItMWVlZTY5MzAxOWIxLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74863,74868,74891,74882,95118],"class_list":["post-386277","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-cryptocurrencies","tag-defi","tag-ethereum","tag-hacks","tag-nft"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/386277","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=386277"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/386277\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/386278"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=386277"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=386277"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=386277"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}