Kinto Token Crashes to Record Low Amid Suspected Exploit
The native token of Kinto (K), a modular decentralized exchange (DEX), has imploded, dipping nearly 92% in 24 hours after the project confirmed an off-chain exploit tied to its Arbitrum…
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98% of Tokens on Pump.fun Are Rug Pulls or Fraud: Report
A new report from Solidus Labs has exposed a huge amount of what it calls “fraudulent” activity on the Solana blockchain. The findings revealed that 98.6% of tokens launched on…
Solana’s Meteora Hit With Lawsuit Over Alleged Meme Coin Scam
Solana-based decentralized exchange Meteora is facing a class-action lawsuit over pump-and-dump claims surrounding the M3M3 meme coin launch. The complaint alleges this led to losses of at least $69 million…
TreasureNFT Users Cry Scam as Platform Freezes Withdrawals
TreasureNFT, a purported web3 revenue platform offering 30% monthly returns from AI-based non-fungible token (NFT) trading, has been accused of scamming users after many claimed they were having difficulties accessing…
Financial Damages from LIBRA Coin Fiasco Revealed in Nansen Report
On-chain analytics platform Nansen has released a report examining the aftermath of the controversial LIBRA token. Its findings indicate that 86% of traders who bought the cryptocurrency collectively lost about…
Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour
Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to…
Meteora Exec Resigns Amid Financial Misconduct Claims
Ben Chow, co-founder of DeFi and meme coin platform Meteora, resigned on Monday after being accused of financial misconduct and insider trading tied to the controversial LIBRA meme coin. This…
Pump.fun Co-Founder Criticizes LIBRA Mishandling, Demands Accountability in Meme Coins
Alon Cohen, co-founder of popular meme coin creation platform Pump.fun, has condemned the controversy surrounding the Javier Milei-endorsed LIBRA token and called for reforms. The situation escalated as the Argentine…
Bubblemaps Exposes LIBRA’s $100M Insider Scheme: Here’s What You Need to Know
The rapid rise and collapse of the LIBRA meme coin have fueled suspicions of a rug pull, with blockchain data pointing to insider trading. Before the meltdown, several industry experts…
Jupiter Exchange Regains X Account Following Hack
Jupiter, a Solana-based decentralized exchange aggregator, had its X account briefly compromised, with the attacker using it to promote scam tokens, leading to market turbulence. The team has since regained…