Just yesterday (September 8), MEME $zoomdog, officially supported by @BitlayerLabs, a second-tier Bitcoin project, was suspected of running away shortly after its launch. This time, the project team only earned about 0.5 Bitcoins through waterfall harvesting.
At present, the official X account of $zoomdog cannot be opened, and investors have no way to appeal. They can only transfer their anger to Bitlayer, a partner of the $zoomdog project. Users are abusing X and Bitlayer telegram groups.
Previously on September 4, Bitlayer announced its cooperation with zoomdog on X and promised the security of the project. What is puzzling is that zoomdog ran away and only earned about 0.5 Bitcoins from this cooperation.
Bitlayer is a decentralized platform that takes both approaches—using associated intelligent virtual machines and layer 2 processing—to bring DApp functionality to the Bitcoin blockchain.
Based on Bitcoin's Turing-complete BitVM engine and leveraging efficient off-chain transaction processing, Bitlayer is a bold new powerhouse that will transform Bitcoin into a DApp powerhouse. Additionally, Bitlayer supports multiple virtual machines, including the popular Ethereum Virtual Machine (EVM).
According to data from DeFiLlama, in the category of Bitcoin sidechains that have been officially launched on the official network, Bitlayer ranks first with a TVL of $309.8M, surpassing Merlin’s $222.57M.
The SlowMist security team has noticed that the number of users who have been harmed by this type of scam has increased recently. Therefore, this article will explain the scam routine and analyze the scammers' fund transfer patterns to help users avoid falling into this type of scam.
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