Generative Data Intelligence

Tag: exit scam

CertiK Denies Responsibility for MerlinDEX Rug Pull

CertiK audited MerlinDEX, which later suffered a $2 million exit scam.  The firm denied responsibility but claims it is working on an aid fund...

‘Rogue Developers’ Drain Merlin DEX of $1.82 Million

Newly launched decentralized exchange Merlin was drained of around $1.82 million from its liquidity pool on Wednesday, with auditor CertiK—who completed an audit of...

​​$1 Million Lost in Ordinals Finance Exit Scam

The funds stolen in the Ordinals Finance rug pull have already been sent to coin mixer Tornado Cash. Photo...

Fugitive Crypto Exchange Founder Faruk Ozer Extradited to Turkey

Albania has extradited the founder of Turkish cryptocurrency exchange Thodex to his home country where he is charged with defrauding investors. The crypto...

Kokomo Finance Accused of $4M Exit Scam

Kokomo Finance, an open-source and noncustodial lending protocol on Optimism, has been accused of an exit scam worth $4 million. The protocol allegedly plucked...

DeFi Protocol Kokomo Finance Accused of $4 Million Exit Scam

Optimism-based lending protocol Kokomo Finance has allegedly stolen $4 million from users just two days after its launch. Photo...

MakerDAO faces criticism over tokenomics plan amidst high-stakes US treasury investment strategy

Ad MakerDAO, the governance token behind the fifth most popular stablecoin DAI, is contemplating an increase in its United States Treasury bond investments to...

$ADA: Crypto Analyst Lark Davis Delivers a Backhanded Compliment to Cardano

On Friday (13 January 2023), New Zealand based crypto analyst Lark Davis managed to find a fairly unusual way to anger the Cardano ($ADA)...

How Auditors Detect DeFi Rug Pull Scam: Can You Do It Yourself?

Hackers stole more cryptocurrency from decentralized finance (DeFi) platforms than ever before in 2022. Nearly 98% of all tokens launched on DeFi’s...

December Lowest Month of 2022 for Crypto Thefts: CertiK

The digital asset industry witnessed many unprecedented events in 2022, making it one of the worst years in crypto history. Despite the challenges,...

Houbi Listed PI Network ‘Without Consent’

Uphold Head of Research Martin Hiesboeck says that centralized crypto exchanges (CEXs) remain a good bet in spite of the recent market collapse. The...

Could Midas’ Pivot to CeDeFi Signal the End of Decentralized Finance?

Uphold Head of Research Martin Hiesboeck says that centralized crypto exchanges (CEXs) remain a good bet in spite of the recent market collapse. The...

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