Breaking news- Popular smart contract Nanotron lost over 7million worth of TRX tokens. Whether this was an exit scam or a hack, we do not know but it shows the reality of the smart contract space with anonymous projects. Even a strong project with a healthy balance can be hacked. I was able to track the funds to a wallet address of what looks like a whale. It could be possible that this whale may have been behind a number of exit scams in the TRX eco system.
Exitscam occurred between block 23936543 and block 23936561 in 8 transactions of 900k TRX transactions.
And is currently sitting at the wallet TAUN6FwrnwwmaEqYcckffC7wYmbaS6cBiX
It is important to manage your risk and only put in what you can afford to lose in the crypto space. Rug pulls like these are common and you could get hurt if you overextend.
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Binance (10% off trading fees) https://accounts.binance.com/en/regis...
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Disclaimer, the crypto space is volatile and yield farming moves fast. be sure to do your due diligence and only invest what you can afford to lose. Consult a financial advisor for professional advice.