NFT Swapping Platform MetaSwap Allegedly Rug Pulled: $600K Worth of BNB Stolen

Canada News News

NFT Swapping Platform MetaSwap Allegedly Rug Pulled: $600K Worth of BNB Stolen
Canada Latest News,Canada Headlines
  • 📰 Crypto_Potato
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 51%

December continues with malicious activity in the crypto space with a new suspected rug pull coming from MetaSwap.

Reports emerged earlier today indicating that the team behind MetaSwap – a protocol enabling NFT swaps over Ethereum, Binance, and Polygon – has stolen 1,100 BNB. Shortly after, the native token tanked.

The blockchain security and data analytics resource – PeckShield – detected suspicious behavior coming from the MetaSwap team and suggested a soft-rug pull. More precisely, the company said the team behind the NFT swapping platform had stolen 1,100 BNB and transferred it to TornadoCash – an Ethereum-based tool developed to break the on-chain link between the recipient and destination addresses.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Crypto_Potato /  🏆 568. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Metaswap Gas incommunicado as experts link MGAS price drop to rug pullMetaswap Gas incommunicado as experts link MGAS price drop to rug pullAccording to PeckShield, Metaswap Gas caused a rug pull after transferring 1,100 BNB worth nearly $602,000 over Tornado Cash.
Read more »

Decentraland Tech Rave Meets NFT Art Drop by Bjarne Melgaard | Hacker NoonDecentraland Tech Rave Meets NFT Art Drop by Bjarne Melgaard | Hacker Noon'Decentraland Tech Rave Meets NFT Art Drop by Bjarne Melgaard' by lightbulbmannft technology rave
Read more »

How Binance NFT Is Building the No․1 Gaming Metaverse – Sponsored Bitcoin NewsHow Binance NFT Is Building the No․1 Gaming Metaverse – Sponsored Bitcoin NewsVideo games, the Metaverse and NFTs. Binance NFT has become the largest centralized gaming NFT marketplace. See what the team has accomplished and how
Read more »

Flash NFT PowerStation with S.S. Lazio: 6,000 LAZIO to Be Shared! | Binance SupportFlash NFT PowerStation with S.S. Lazio: 6,000 LAZIO to Be Shared! | Binance SupportBinance Fan Token is launching a flash NFT PowerStation with S.S. Lazio, where fans can charge Lazio Legendary Jersey I NFTs and earn rewards on an hourly basis according to their Fan Power. T...
Read more »

What You Can Create With a Small Piece of Land in the Metaverse – Metaverse Bitcoin NewsWhat You Can Create With a Small Piece of Land in the Metaverse – Metaverse Bitcoin NewsEverybody inside and outside of the metaverse knows that land ownership is important. Here's what blockchain-based land can bring you.
Read more »

Top 10 Craziest Crypto Stories of 2021 | CoinMarketCapTop 10 Craziest Crypto Stories of 2021 | CoinMarketCapIt's almost Christmas — and we'd like to gift you the ten, craziest crypto stories of the year, all wrapped up in a bow! 🎁 Do you remember Snoop Dogg's NFT persona CozomoMedici? What about when Walmart was 'accepting' Litecoin? 😉 Read more here!
Read more »



Render Time: 2025-03-01 18:35:37