Sirwin
Sirwin

Rug Pull

25 Articles 1 Followers


Galactic123 on wax network

1 Apr 2024 1 minute read 0 comments urbanghost

What is it with wax games at the moment?  They seem to be dropping like flies all of a sudden. So yet another game has announced its switching off the game and putting up a reduced version of it.  Galactic123 the sci-fi space exploring game, as of th...

Retik Finance (RETIK): The Next Crypto Gem Or Just A New Rug Pull?

13 Feb 2024 1 minute read 0 comments Cryptofab

A friend of mine asked me what I thought about a new token which is currently in presale, called RETIK, for Retik Finance. At first sight, it reminded me of Crypto.com, with smarter tokenomics and a nice looking whitepaper... Too nice to be true? I m...

Beware of the Scams and Rug Pulls

21 Jul 2023 3 minute read 0 comments tastymagazine

If you have been reading my stuff, then you have a brief idea of what I am about.  I have $0.00 to spend on investing into crypto.  So, let me tell you about two scams that took ahold of my greed and hopes: 1. Rug Pull. A crypto rug pull, is when som...

Mosdex Rug Pull is Now Live!

27 Jun 2023 1 minute read 8 comments TheSarcasticWhale

Mosdex.com, billed as a revolutionary Ai-arbitrage trading platform, is no longer online.This is bad news for investors who like the highest of risks, should've stuck with growing cannabis in California.Someone, likely a blunt smoker from Toledo, sug...

Is DEFI safe?

26 Jan 2023 2 minute read 1 comment Sdom

The Ripple representative at Devos conference said that currently the crypto market is at stage, when all bad blood has been purified, and compared it with DOT.com bubble from 2001.After a lot of internet companies has crashed and claimed bancruptcy,...

What a Ponzi Scheme Is and How It Relates to Cryptos

17 Jan 2023 7 minute read 0 comments Todd Mei PhD

A moment of edification that I will never forget when reading The Lord of the Rings occured when the elf character Elrond said, “For nothing is evil in the beginning.” While philosophically and theologically provocative, this quote helps to contex...

What Is a Pyramid Scheme?

17 Jan 2023 3 minute read 0 comments Todd Mei PhD

Whenever fraudulent crypto projects make off with a lot of money, people tend to throw around the term "Ponzi scheme" a lot. While I explain exactly what a Ponzi scheme is in a related post, it's worth mentioning here that often such fraudulent scam...

The "Great" Valiant Rug-Pull?

7 Dec 2022 3 minute read 0 comments AskingAndQuestioning

Towards the end of last year I was riding pretty high on a project from a company known as DMG Entertainment, responsible for Valiant Comics one of the top comic book companies in the world. Previously known as Valiant Entertainment and founded by fo...

Recognize NFT Rug Pulls? Not All Are Equal!

14 Nov 2022 2 minute read 6 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

If you buy NFT you should beware of "Rug Pulls". This also applies to cryptocurrencies. Basically, Rug Pull means the "removal" of liquidity from a dex or dapp. If you are the victim of a Rug Pull, you will end up with a worthless token or jpeg. Clea...

The Thodex Rug Pull Scheme

12 Oct 2022 4 minute read 1 comment MintDice.com

The alleged Thodex rug pull scheme made waves in the world of crypto back when it first happened. This scandal was one of the largest rug pulls in crypto history and led to the arrest of many Thodex officials, including the company’s founder. Are yo...