Nifty News: UK Royal Mint NFT, $960k Billionaire Dog rug and Pudgy Penguins

The U.K. government Treasury announced on Monday, April 4th, that it has asked the Royal Mint to create one non-fungible token (NFT) to be issued by the end of the year “as an emblem of the forward-looking approach the UK is determined to take.” Chancellor @RishiSunak has asked @RoyalMintUK to create an NFT to be […]

‘Evolved Apes’ NFT creator allegedly absconds with $2.7 million

Investors in Evolved Apes, a recently launched PFP — short for profile picture — nonfungible token (NFT) projec, are grappling with the disappearance of the project’s anonymous developer. Going by the moniker “Evil Ape,” the developer has allegedly lived up to the name by vanishing with 798 Ether (ETH) worth over $2.7 million from the […]

Binance Smart Chain’s TurtleDex rugpulls shortly after launch

Turns out a turtle’s arms are plenty long enough to pull a rug.  Yesterday, March 19 Binance Smart Chain (BSC) file storage project TurtleDex performed a “rugpull” exit scam — a colloquial term for when a project’s developers drain the liquidity or stored funds invested by the protocol. Coming off a March 15 presale round […]

Dev says $31 million Meerkat Finance exploit was a 'test'; will return funds

There may be good news on the horizon for the victims of one of DeFi’s largest-ever exploits.  At 5:30 AM UTC today, a Meerkat Finance developer identifying themselves as “Jamboo” posted a short message in a newly-created Telegram channel, “Meerkatrefunds.” In it, Jamboo said that the exploit was a “trial” testing user’s greed and “subjectivity,” […]