Tag: exit scam
Attack on CREAM Sees $37.5 Million Stolen
Popular DeFi project CREAM saw a massive $37.5 million flash loan exploit take place on Saturday. While the story is still developing, the team announced the attack. They stated that they are working on a post mortem through relevant parties. It appears the exploit took place using Alpha Homora through the borrowing of sUSD from … Continued
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Bitcoin Reaches $220,000 on Livecoin; Exit Scam Suspected
During the last couple of days, the price of Bitcoin rose to $220,000 on the Livecoin exchange. Along with Bitcoin’s exaggerated rise, the price of Ethereum rose by 960% to $6500. Though Bitcoin’s Christmas price of $25,000 may have seemed amazing, this appeared too good to be true. And it was. After this mega-rise in … Continued
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