top of page

Blast Ecosystem Sees First Apparent Scam as 'RiskOnBlast' Rug Pulls $1.3M Ether

The well-funded and hyped Blast ecosystem apparently saw its first rug pull event over the weekend as a project went missing after raising over 420 ether (ETH), worth $1.3 million at current prices, from retail traders. A rug pull is a type of exit scam that involves a team raising money from investors and the public by selling a token only to quietly shut down shortly afterward. Blast is an Ethereum layer-2 project that has attracted over $1 billion in capital in the past few months, ahead of going live. RiskOnBlast, purported to be a gambling and exchange platform, raised over $1 million from investors in a seed round last week and was one of the participants in Blast’s Big Bang competition.


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


留言


bottom of page