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Tag Archives: rug pulls

Cardi B’s X Account Promotes Meme Coin: Be Careful, Warning Signs Appear

Cardi B, took to her X account to promote a new meme coin named after her iconic track. However, there have been concerns surrounding the promotion, with security experts suggesting the account may have been compromised. Cardi B Shares $WAP Video The rapper, who has been in the news lately after claims emerged that she had undergone surgery, set off events with an October 7 post on X with a picture of her holding a cat. In the post, Cardi B, whose real name is Belcalis...

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Meme Coins und die Gefahr von Marktmanipulation: Ein Blick auf Rug Pulls und die Rolle von WhatsApp-Gruppen

Meme Coins, wie Dogecoin, Shiba Inu und Poodlana haben in den letzten Jahren enorm an Popularität gewonnen. Angetrieben durch virale Memes und die Unterstützung prominenter Persönlichkeiten, haben diese Kryptowährungen eine treue Fangemeinde und einen beträchtlichen Marktwert erreicht. Doch trotz ihres spielerischen Charakters bergen Meme Coins erhebliche Risiken, insbesondere in Bezug auf Marktmanipulation und betrügerische Praktiken wie Rug Pulls. WhatsApp-Gruppen und andere...

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Mike Novogratz: Crypto’s “Lackadaisical” Right Now

Not long ago, we put out an article talking about how May was the worst month for bitcoin this year. The currency ended May about two percent less than where it had been in previous months, and this was the first time this year in which BTC didn’t finish a 30-day period on a high. Mike Novogratz – a bitcoin bull and hedge fund manager – had a lot to say on the matter as he made clear in a recent interview. Mike Novogratz on the Current State of BTC In his...

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Crypto Has Given Way to Many Rug Pulls, Researchers Say

Hackers have learned to manipulate smart contracts so they can engage in what are known as crypto “rug pulls” and make off with heavy profits. Rug Pulls Are Becoming Too Common According to a recent document published by blockchain analysis firm Chainalysis, rug pulls were the most common cyberattack to occur in the crypto space throughout 2021. Rug pulls are when new coins or tokens are established very quickly. The developers ultimately do all they can to bring...

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