Defi insurance @CoverProtocol (0x5d8d9f5b96f4438195be9b99eee6118ed4304286) was exploited by a hacker who minted an infinite amount of tokens, sold some for ~$3M worth of $ETH, burned the rest, returned the ETH back to COVER with a message "Next time, take care of your own shit".

You can clearly see from the attached image, the minting rights written in the code, this is why it´s important to do your own Rug Detectives auditing (checklist is on its way).

Kindly donate to the cause via

Eth: 0xF0B400215b3dd325d21459431C37cdd3a3d1AC7e

BTC: bc1qp6u9awngzaut04eytzep80g67u3wql7alq53kf

https://www.patreon.com/RugDetectives

https://twitter.com/DetectivesRug

Disclaimer

The information provided is for convenience only. It is not investment advice or a recommendation, it does not constitute a solicitation to buy or sell securities or any crypto project. Past performance is no guarantee of future results. Any historical returns expected returns or probability projections may not reflect actual future performance.

Issues: Seems like we are in the midst of a pump and dump.

@cezo_io. Strange movements between the deployer contract and the token. Acting as if these are a burning mechanism. Team, Dev, Owners seem to be offloading their tokens on their investors.

Investors, be aware and DYOR.

#RUGDETECTIVES

Kindly donate to the cause via

Eth: 0xF0B400215b3dd325d21459431C37cdd3a3d1AC7e

BTC: bc1qp6u9awngzaut04eytzep80g67u3wql7alq53kf

https://www.patreon.com/RugDetectives

https://twitter.com/DetectivesRug

Disclaimer

The information provided is for convenience only. It is not investment advice or a recommendation, it does not constitute a solicitation to buy or sell securities or any crypto project. Past performance is no guarantee of future results. Any historical returns expected returns or probability projections may not reflect actual future performance.

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