Ethereum Project Airdrops Scam Token, Then Pulls the Rug

Key Takeaways An analytics webiste called EtherWrapped launched an airdrop for active Ethereum users earlier today. The team used the airdrop as bait to lure traders into buying its token, and later... Read more »

Sushi Up 17% Amid DeFi 2.0 Rescue Rumors

Key Takeaways Sushi has risen 17% amid rumors of an internal restructure. Daniele Sestagalli, a DeFi developer known for spearheading the “DeFi 2.0” wave, is rumored to be joining the project. Sushi... Read more »

DeFi Blue Chips Tanked Against Ethereum in 2021

Key Takeaways Despite ever-stronger fundamentals, DeFi blue chips underperformed Ethereum by over 110%. The DeFi Pulse Index, a benchmark tracking the performance of 18 DeFi blue chips, has retraced over 55% from... Read more »

Every Major Ethereum Token Airdropped in 2021 Is Down Over 50%

Key Takeaways The Ethereum community has seen another two airdrops over the last few days, but both tokens have tanked since their launch. Every other major airdrop on Ethereum in 2021 has... Read more »

Bored Ape NFT Collector Loses $2.2M in Phishing Scam

Key Takeaways An NFT collector has lost roughly $2.2 million worth of NFTs in a phishing scam. 16 NFTs were stolen, including Bored Ape Yacht Club and Mutant Ape Yacht Club NFTs.... Read more »

Algorand, NEAR Rally as DeFi Activity Increases

Key Takeaways Algorand and NEAR are soaring while Bitcoin and Ethereum lag. A liquidity mining program on Algorand’s Algofi is bringing in new users. The strong price action on these networks appears... Read more »

Gnosis DEX CowSwap May Be Readying an Airdrop

Key Takeaways It appears that CowSwap, a Gnosis DEX, will be launching an airdrop for its token. A Github repository surrounding a token drop has sparked a flurry CowSwap participation. While airdrops... Read more »

Ethereum Community Gets Another Airdrop for the Holidays

Key Takeaways Gas DAO is a new project aspiring to give Ethereum’s most active community members a voice. It launched today with a token airdrop to 643,000 of Ethereum network’s most active... Read more »

$1.8M Lost to Fake MetaMask Token Honeypot Scam

Key Takeaways A fake MetaMask token project has scammed traders out of $1.8 million worth of ETH. The scammers hacked the DEXTools app’s front end to convince users that their fake token... Read more »

Crypto Market Tumbles as Whales Send Bitcoin Below $50,000

Share this article Bitcoin has broken below $50,000 again. Other Layer 1 coins like Ethereum, Solana, Terra, and Polkadot are also down today.  Bitcoin Faces Resistance Bitcoin is pushing the cryptocurrency market... Read more »