{"id":3708,"date":"2021-05-23T16:34:39","date_gmt":"2021-05-23T15:34:39","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=3708"},"modified":"2021-05-23T16:34:44","modified_gmt":"2021-05-23T15:34:44","slug":"defi-crypto-protocol-developer-have-allegedly-stolen-investors-fund-worth-32m","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/defi-crypto-protocol-developer-have-allegedly-stolen-investors-fund-worth-32m\/","title":{"rendered":"DeFi100: Crypto Protocol Developer Have Allegedly Stolen Investors Fund worth $32M"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">A strange message on a cryptocurrency website <a href=\"https:\/\/defi100.org\/\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\">DeFi100.org <\/a> told investors they'd been fooled and &#8220;you can't do [the slightest thing] about it.&#8221; With Another message saying &#8221; Oops, looks like the page is lost&#8230; This is not a fault, just an accident that was not intentional.&#8221;<\/h5>\n\n\n\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"578\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/05\/Bitcoin-Scam.jpg\" alt=\"DeFi: Crypto Protocol Developer Have Allegedly Stolen Investors Fund worth $32M\" class=\"wp-image-3710\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/05\/Bitcoin-Scam.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/05\/Bitcoin-Scam-300x169.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/05\/Bitcoin-Scam-768x434.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/05\/Bitcoin-Scam-355x200.jpg 355w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/05\/Bitcoin-Scam-150x85.jpg 150w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/coinscreed.com\/staging\/nervos-collaborates-with-cmb-international-launch-50m-blockchain-defi-and-nft-fund.html\" data-type=\"post\" data-id=\"3590\" class=\"rank-math-link\">Cryptocurrency project DeFi100,<\/a> decentralized finance (DeFi) protocol built on the Binance Smart Chain, appears to have been a scam, with the people running it has taken investors\u2019 money and running.<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>An unknown\u00a0<a href=\"https:\/\/twitter.com\/CryptoWhale\" target=\"_blank\" rel=\"noreferrer noopener\">crypto analyst<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>\u00a0on 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.<\/li><\/ul>\n\n\n\n<ul class=\"wp-block-list\"><li>Hours ago, a not-so-classy message greeted visitors to the DeFi100.org website telling investors they'd been fooled and &#8220;you can't do [the slightest thing] about it.&#8221; While that page has since been\u00a0<a href=\"https:\/\/defi100.org\/\" target=\"_blank\" rel=\"noreferrer noopener\">removed<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a>, here's a screengrab of it:<\/li><li>While it's possible the site has been hacked, given that there's been no public comment from DeFi100 on its\u00a0<a href=\"https:\/\/twitter.com\/defi100?lang=en\" target=\"_blank\" rel=\"noreferrer noopener\">Twitter feed<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a>\u00a0or any other platform, it's more likely the event is a so-called &#8220;rug pull,&#8221; a nasty bit of business that every now and then occurs in the crypto\u00a0industry in which developers abandon a (usually tiny) project and take off with investors' funds.<\/li><li>It reinforces the saying &#8220;never invest more than you can afford to lose.&#8221;<\/li><li>The price of D100, the native token of DeFi100, is down 25% in the last 24 hours to $0.08.<\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A strange message on a cryptocurrency website DeFi100.org told investors they&#8217;d been fooled and &#8220;you can&#8217;t do [the slightest thing] about it.&#8221; With Another message saying &#8221; Oops, looks like the page is lost&#8230; This is not a fault, just an accident that was not intentional.&#8221; Cryptocurrency project DeFi100, decentralized finance (DeFi) protocol built on [&hellip;]<\/p>\n","protected":false},"author":63,"featured_media":3710,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[81,21],"tags":[132,365,366],"class_list":["post-3708","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoin-news","category-news","tag-crypto","tag-defi100","tag-scam"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/05\/Bitcoin-Scam.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3708","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/63"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=3708"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/3708\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/3710"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=3708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=3708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=3708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}