Adding to a list of Web3 criminals, French national Aurelien Michel has admitted to having rug-pulled innocent members of the NFT community while also having stolen $3 million (roughly Rs. 24 crore) from a scam NFT project. Michel is the developer behind NFT collection named the ‘Mutant Ape Planet’ series….
Pepe Coin, a new cryptocurrency, was launched into the market in April 2023 to compete with the likes of Dogecoin and Shiba Inu. The category of cryptocurrencies that Pepe Coin and its competitors are classified under is called the memecoin category. As the name explains, memecoins are cryptocurrencies inspired by…
KuCoin has identified one of its users as a serial scammer, looting unaware crypto investors of their finances. The Seychelles-based crypto exchange has decided to not freeze the assets of this user, whose name remains undisclosed, unless a law enforcement agency sends over a legal notice instructing the exchange to…
Crypto scams have a direct effect on the crypto community and impact both the crypto market and individual investors. While the cryptocurrency market witnessed a sharp recovery this month in the backdrop of centralised banks collapsing in the US, a new scam appears to have come to light. In what…
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