CEL token was created by Celsius Network and it will have zero value by fourth quarter of 2022. Reason is liquidity issues. Celsius Network previously used to allow flexible redemptions allowing anyone to withdraw their funds and forego their interest. This is also done by many centralized cryptocurrency exchanges like Binance where user can withdraw funds anytime by foregoing interest.
(more…)Category: Ethereum News
Ethereum blockchain hacked for second time
The current Ethereum blockchain experienced another reorg on May 25th 2022. This is the second time Ethereum chain has been reorg-ed. Infact, we have not seen 7-block reorgs on Ethereum mainnet blockchain in years.
(more…)Beanstalk Farms protocol lost $180 million in exploit
Beanstalk Farms had been gaining a lot of traction but today, it lost a whopping 180 million dollars and hacker got out with $76 million. All funds stored in smart contract of Beanstalk Farms have been emptied.
(more…)Inverse Finance DeFi protocol hacked for $11.7M dollars
Inverse Finance DeFi was hacked earlier today with hacker taking whopping 11.7 million dollars, with protocol loss being much larger as less will be using it from now on. This DeFi hack was made possible by making use of price oracle manipulation bug.
(more…)Porta Network exit scams on users after doing AMA and just 5 days before mainnet launch
Porta Network that claims to make blockchain products accessible to everyone, just rug pulled on its users, stealing more than half million dollars, $0.6M to be precise, saying they lost funds in a robbery. They say that thieves were dressed as investors and stole funds from company’s wallet which were present in same room.
(more…)CronjeFinance smart contract contains rug code
CronjeFinance was launched yesterday but some had already identified hard rug code which we were certain would be executed. This is a tomb fork that contains a recovery function, according to rugdoc’s twitter account. This tomb fork function allows governance to withdraw all staked tokens 90 days after poolEndTime.
(more…)Paraluni DeFi app hacked for 1.7 million dollars in a single transaction
Paraluni, short for Parallet Universe is a DeFi app on Binance Smart Chain. Today, it was hacked in single transaction where whopping 1.7 million dollars in total.
(more…)Stone Finance FTM DAPP project rug pulled on the very first day
Stone Finance launched its project today and within minutes, performed the rug pull on its investors. Its contract was unverified and anyone who mentioned the word rug was immediately banned from their discord. Well, the project is gone now and so is your money, incase you invested in a shady project like Stone Finance.
(more…)OpenSea exploit allowed hacker to buy NFTs for cheap
Myriad NFTs are currently being bought on OpenSea website for very cheap, way below the floor price. The account that is doing this goes by the name OpenSee will refund ask them. The hacker is clearly taking a jab at the OpenSea’s website security by asking NFT artists to ask them for refund.
(more…)Doodled Dragons NFT project rugged hard
Doodled Dragons sold their NFTs and announced on their now-deleted twitter account that they will be making their first donation worth $30000 to WWF. After a span of two minutes, the person handling Doodled Dragons announced that their charity will be instead their own bank account.
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