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CrediX Suspected $4.5M Rug Pull as NFT Activity Surpasses DeFi
CrediX Suspected $4.5M Rug Pull as NFT Activity Surpasses DeFi
20
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BTCCSquare news:
CrediX, a decentralized finance platform, has vanished following a $4.5 million exploit, sparking rug pull allegations. The team promised reimbursements but went silent, shutting down all communication channels. Roughly $400,000 of the stolen funds was laundered through Tornado Cash, with the remainder sitting in unidentified wallets.
Meanwhile, NFT platforms have overtaken DeFi in daily user activity, signaling a shift in crypto market behavior. Despite the surge in engagement, NFT trading volumes remain far below their 2021 peaks. The CrediX incident underscores the persistent risks in DeFi, even as non-custodial platforms continue listing its tokens without warnings.
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