Creator of Mutant Ape Yacht Club NFT Knock-Offs Pleads Guilty of Rug Pull, Theft

Creator of Mutant Ape Yacht Club NFT Knock-Offs Pleads Guilty of Rug Pull, Theft

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’s Team Reeling Under Internal Conflict, Financial Drama Unfolds

Pepe Coin’s Team Reeling Under Internal Conflict, Financial Drama Unfolds

Pepe Coin ecosystem is undergoing turbulent times since last week as speculations about the project being a big scam heated up on social media. A Pepe developer has claimed that three members of the memecoin’s developer team ‘went rogue’ last week and made bulky transfers outside of Pepe’s multi-sig wallet…

PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD

PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD

PayPal, the US-based online payments giant, has launched PYUSD — its own stablecoin pegged to the US dollar. Banking on PayPal’s massive userbase, crypto scammers have jumped into action to use the opportunity to hunt for victims. Within the first few hours of its launch alone, a bunch of crypto…

Pepe Coin: New Memecoin on the Block Gets Instant Rise, Elon Musk’s Nudge Despite Shady Redflags

Pepe Coin: New Memecoin on the Block Gets Instant Rise, Elon Musk’s Nudge Despite Shady Redflags

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…

WhatsApp’s New Scam is Offering Users Free Visa, Job Benefits in the UK: Here’s How NOT to Fall for It

WhatsApp’s New Scam is Offering Users Free Visa, Job Benefits in the UK: Here’s How NOT to Fall for It

WhatsApp’s new phishing campaign is scamming users, especially the ones who want to work in the United Kingdom. The new scam is offering a free visa and other benefits to individuals who all are willing to move to the country for work. WhatsApp’s new scam is reportedly claiming to be…