Rug Pull

The emergence of crypto has brought about significant changes across multiple industries, including gambling. But with perks like anonymity, faster transactions, and the likes, will crypto trading become a gambling addiction instead?

The 12 projects, now defunct, collectively raised $26.7 million through a controversial fundraising technique called a presale.

This group of scammers has been associated with numerous rug pulls, including projects like Magnate, Kokomo, Solfire, and Lendora.

Solana’s price has dropped from a recent high of around $123 and is now trading at $94.8 after falling more than 22% from its peak.

Decrypt, a prominent crypto news company, and Rug Radio, a decentralised media platform, have set the stage for a significant merger, promising to reshape the landscape of decentralised media. The alliance, set to form a new entity codenamed [REDACTED], aims to revolutionise the intersection of technology and media creation, leveraging the strengths of both organisations.

Elon Musk allegedly showed support for anti-Semitism in his comments last Thursday, causing major clients to withdraw their advertisements on X.

The French developer behind the Mutant Ape Planet NFT collection faces a prison sentence of up to five years subsequent to entering a guilty plea on charges related to wire fraud.

NFT creator Aurelien Michel, mastermind behind the Mutant Ape Planet collection, pleads guilty to wire fraud charges, becoming the first convicted for an NFT 'rug pull,' facing potential federal prison time and a $1.4 million forfeiture.

Aurelien Michel, the French creator of the Mutant Ape Planet NFT collection, has admitted culpability in a substantial fraud scheme. The U.S. Department of Justice (DOJ) states that Michel's actions caused almost $3 million in losses for buyers.

Over the past several hours, blockchain security firm PeckShield revealed a series of rug pulls, which wreaked havoc on members of the crypto community.