$14M SUSHI Swap Drama o-FISH-ally Ends

If you haven’t heard, there has been some recent drama regarding one of the hottest new tokens, SUSHI. On September 7, only one week after establishing the project, Chef Nomi, SushiSwap’s creator, reportedly drained the 38,000 Ethereum development fund of…

Twitter CEO Jack Dorsey – Bitcoin is still the #1 internet currency

Twitter CEO Jack Dorsey is no stranger to decentralized currencies. As a longtime proponent of Bitcoin, Dorsey is known to regularly involve cryptocurrency in his companies. As such, it is quite telling that his Twitter profile makes no mention of…

Another DeFi exit fraud has recently taken place with a loss of investor funds at $20 million

Yfdexf.Finance, a recent liquidity mining platform, has exit scammed after defrauding customers of $20 million in protocol-based cumulative assets. On various sites, including Twitter and Telegram, Yfdexf has been running a large two-day promotional campaign without fulfilling payout promises. DeFi…

Chinese authorities fine 6 people due to $5.8B Ponzi plus tokens

In February 2018 PlusToken released its whitepaper reporting that it is a South Korean cryptographic company that provides interest-bearing accounts earning monthly returns of 10 percent to 30 percent in the form of its native “PLUS.”  About 200,000 Bitcoins (BTC),…