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Category Exit Scam

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Crypto Hacks and Scams Cost $300 Million in August

Crypto Hacks and Scams Cost $300 Million in August

In August, approximately $310.9 million was lost to exploits, hacks, and scams. However, digital assets worth $10.3 million were recovered, resulti...
Sep, 01, 2024
by Bitcoin News
Solana’s MangoFarmSOL Faces Exit Scam Accusations After Social Media Shutdown

Solana’s MangoFarmSOL Faces Exit Scam Accusations After Social Media Shutdown

Source: Adobe/momius Solana’s MangoFarmSOL, a farming protocol on the Solana ecosystem, is speculated to be an exit scam after abruptly deactivatin...
Jan, 08, 2024
2 min read
by Cryptonews
Yearn Finance Tumbles: Rug Pull Rumors Swirl As Token Takes A 45% Hit

Yearn Finance Tumbles: Rug Pull Rumors Swirl As Token Takes A 45% Hit

Recent data analysis reveals a significant decline in the performance of YFI, the native token of the Yearn Finance platform. In a dramatic overnig...
Nov, 19, 2023
3 min read
by NewsBTC
$720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study

$720 Million Lost via 117 Hacking Incidents in Q3 of 2023 — Study

During Q3 of 2023, there were a total of 117 hacks in which $720 million was stolen via access control breaches and rug pulls among other security ...
Oct, 28, 2023
2 min read
by Bitcoin News
Darknet Marketplace Tor2door Vanishes, Allegedly Swindling a ‘Massive Crypto Escrow Balance’ 

Darknet Marketplace Tor2door Vanishes, Allegedly Swindling a ‘Massive Crypto Escrow Balance’ 

Numerous reports have detailed that a darknet marketplace (DNM) by the name of Tor2door reportedly pulled off an exit scam, making off with a “mass...
Sep, 30, 2023
2 min read
by Bitcoin News