1/ With the recent drama surrounding the Azuki founder Zagabond it’s clear there’s confusion in the community as to what constitutes a rug pull for NFTs.
Here’s a ~thread~ with my thoughts on the topic.
🚨Rug alert🚨
Beanstalk was hacked through a series of flashloans converted to governance tokens.
Then the attacker used the governance tokens to pass a proposal transfering all beanstalk assets to his own wallet.
https://t.co/FHnN2e2Zeo
SCAM ALERT! If you have tokens in your wallet that you don’t recognize… 100% it’s a scam. $FTM holders were just dropped https://t.co/jF0iwmJxqA tokens. Connect and you’ll lose ALL your $ftm. Read the contract 🤬 I see 156 people wrecked so far ….
Being in different communities makes me understand how important what @MetaRugs is building.
Will be gradually releasing it and hoping that we build a community.
@Trunk11291 If anyone happens to have any @thecryptorugs sitting in their wallets we are already accepting them for MetaRugs.
They're being burned 2 mint in our custom contract.
You can take a look at the contract here, if you're curious:
https://t.co/sHxCuyjsz3
@EugeneBWhitaker @KrazyDagZz @Trunk11291 Take a look at our contract to see it working
https://t.co/sHxCuyjsz3
We made it custom just to see @thecryptorugs burn
They're sent to 0x000...dEaD (BurnAddress) and user receives a brand new, stunning 3D randomized provenance hash secured MetaRugs
@nftavs@Trunk11291@thecryptorugs Exactly rugged fella!
And we got some really hot stuff brewing for roadmap shipping:
✅ NFT Graveyard
✅ $RUGD ERC20
✅ MetaRugs 2.0 collection
Join Discord to keep up
MetaRugs provenance hash is on contract: C9B14C9DFA8B67BD7839BCB5D22E623F483DDBD6EB5695EDE0672F381D694362
This hash is the SHA-256 result of our combined METADATA and MP4's CAR files CIDs
You can rest assured we're not rugging you fella -- and you have cryptographic proof of it
Playing dumb is not gonna work... Do they even published a provenance hash before minting?
I was not able to find it in their contract.
It's a real shame some NFT projects don't take this seriously enough. It's like playing with marked cards.
Not fun.
👏h/t @mehdeegbr
🚨Rug alert🚨
Another reentrancy attack
This time @ola_finance lost $3.6 million
Recently a handful of protocols were exploited by this vector.
Most devs have been aware of it since it scarred Ethereum's "The DAO".
Are we unlearning? 🤔
DeFi protocol @ola_finance said Thursday it suffered an exploit that allowed an attacker to grab $3.6 million in crypto.
@skesslr reports
https://t.co/A6J0cUPRE3
Be early anon.
Take advantage the lunar domain is not yet occupied
A small step for a rug, a giant leap for the ecosystem
You're should be following our steps before we deploy NFT GRAVEYARD
3 letters
F
T
M
Welp. @Ronin_Network is now on top of the crypto hack leaderboard. $625 MILLION dollars worth of ETH and USDC just got stolen from the Ronin bridge. Here's how it happened.