RUGGED: LSC $1.1M Exit Scam on Binance Smart Chain
The scam has resulted in an estimated loss of $1.11 million, with the $LSC token plummeting by 98% in value.
BrianThe scam has resulted in an estimated loss of $1.11 million, with the $LSC token plummeting by 98% in value.
BrianEligible customers will be able to withdraw 94% of the funds. The remaining users need clarity on when they can get their funds back.
BeincryptoCustomer withdrawals that were previously processing but backlogged have been halted altogether, according to an announcement in the FTX Support Telegram group.
CoindeskThe crypto exchange said it had $48 million in exposure with Babel Finance and $5 million with Celsius — both firms faced liquidity and insolvency issues, respectively.
CointelegraphCZ is open to implementing the changes regardless of the challenges that a new system would bring, as he said, “Let’s see what the poll say. We listen to our users.”
CointelegraphAs the ongoing crypto bloodbath has brought many crypto-oriented businesses on the verge of collapse, general sentiments are pointing toward ...
BitcoinistCrypto CeFi lender Vauld has suspended "all withdrawals, transactions and deposits."
CointelegraphBrian Shroder, CEO of Binance.US said the zero-trading fees would generate positive user sentiment and said there are plans to expand the list of tokens that will offer zero-fee trading in the future.
CointelegraphThe market value of UST, Terra’s stablecoin offering, recently fell below the expected $1 price point as LUNA’s price witnessed a sharp decline owing to a significant selloff.
Cointelegraph