Coinscreed
  • Home
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
    • Secret Lives
    • My Life in Crypto
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
  • Quizzes
Advertise
No Result
View All Result
  • bitcoinBitcoin(BTC)
    $0.00-2.64% 24H
    BITCOIN
    24H : -2.64%
    Volume : $0.00
    Marketcap : $0.00
  • ethereumEthereum(ETH)
    $0.00-2.86% 24H
    ETHEREUM
    24H : -2.86%
    Volume : $0.00
    Marketcap : $0.00
  • binancecoinBNB(BNB)
    $0.00-3.21% 24H
    BNB
    24H : -3.21%
    Volume : $0.00
    Marketcap : $0.00
  • rippleXRP(XRP)
    $0.00-2.38% 24H
    XRP
    24H : -2.38%
    Volume : $0.00
    Marketcap : $0.00
  • cardanoCardano(ADA)
    $0.00-2.95% 24H
    CARDANO
    24H : -2.95%
    Volume : $0.00
    Marketcap : $0.00
  • terra-lunaTerra Luna Classic(LUNC)
    $0.00-5.25% 24H
    TERRA LUNA CLASSIC
    24H : -5.25%
    Volume : $0.00
    Marketcap : $0.00
Coinscreed
  • Home
  • News
    • NFT News
    • Metaverse News
    • Bitcoin News
    • Ethereum News
    • Altcoin News
    • DeFi News
    • Blockchain News
    • Web3 News
    • Press Release
    • Hacks and Scams
    • Sponsored Post
  • Stories
    • Interviews
    • Secret Lives
    • My Life in Crypto
  • Market Analysis
  • Learn
    • Bitcoin
    • Ethereum
    • Cryptocurrency Exchange
    • NFTs
    • DeFi
    • Web3
    • Metaverse
    • Blockchain
    • Trading
    • Crypto Guide
  • Quizzes
Advertise
No Result
View All Result
Coinscreed
No Result
View All Result
Home News Altcoin News

DeFi100: Crypto Protocol Developer Have Allegedly Stolen Investors Fund worth $32M

Bishop eL by Bishop eL
2 years ago
in Altcoin News, News
Reading Time: 2 mins read
A A
Share on FacebookShare on Twitter

SuggestedArticles

South Korean officials traveled to Serbia to find Do Kwon

South Korean officials traveled to Serbia to find Do Kwon

10 hours ago
IRS broadens tax regulations for crypto to apply to everyone

IRS broadens tax regulations for crypto to apply to everyone

11 hours ago
A strange message on a cryptocurrency website DeFi100.org told investors they’d been fooled and “you can’t do [the slightest thing] about it.” With Another message saying ” Oops, looks like the page is lost… This is not a fault, just an accident that was not intentional.”
DeFi: Crypto Protocol Developer Have Allegedly Stolen Investors Fund worth $32M

Cryptocurrency project DeFi100, decentralized finance (DeFi) protocol built on the Binance Smart Chain, appears to have been a scam, with the people running it has taken investors’ money and running.

  • An unknownĀ crypto analystĀ on Twitter with more than 197,000 followers put the haul at $32 million. It was unclear how that figure was obtained. A message to the analyst wasn’t immediately returned.
  • Hours ago, a not-so-classy message greeted visitors to the DeFi100.org website telling investors they’d been fooled and “you can’t do [the slightest thing] about it.” While that page has since beenĀ removed, here’s a screengrab of it:
  • While it’s possible the site has been hacked, given that there’s been no public comment from DeFi100 on itsĀ Twitter feedĀ or any other platform, it’s more likely the event is a so-called “rug pull,” a nasty bit of business that every now and then occurs in the cryptoĀ industry in which developers abandon a (usually tiny) project and take off with investors’ funds.
  • It reinforces the saying “never invest more than you can afford to lose.”
  • The price of D100, the native token of DeFi100, is down 25% in the last 24 hours to $0.08.
Tags: cryptoDeFi100scam

Oh hi there šŸ‘‹
It’s nice to meet you.

Sign up to receive a weekly round-up of the latest happenings in the crypto space!

We don’t spam! Read our privacy policy for more info.

Please check your inbox or spam folder to confirm your subscription.

Coinscreed

Copyright Ā© 2022 Coinscreed

Navigate Site

  • About
  • Advertise
  • Contact Us
  • Partners
  • Privacy & Policy
  • Crypto Price Charts

Follow Us

No Result
View All Result
  • Home
  • News
  • Stories
    • Interviews
    • My Life in Crypto
    • Secret Lives
  • Market Analysis
  • Learn
    • Bitcoin
    • Blockchain
    • Crypto Guide
    • Cryptocurrency Exchange
    • DeFi
    • Ethereum
    • Metaverse
    • NFTs
    • Trading
    • Web3
  • Contact Us

Copyright Ā© 2022 Coinscreed

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Join our Telegram ChannelĀ 

Stay on top of Crypto News! Get Daily updates

Invalid email address
We promise not to spam you. You can unsubscribe at any time.
Thanks for subscribing!