🚀 Yet another case of jacked Crypto Dev Wallet 😔 ~ CEOM Coin

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🔻 "IEO's 'Poor Performance' Sees Investors Lose up to 90%" - BitMEX

A report by BitMEX shows that IEO have lost investors up to 98% of their money, damning new statistics show.

"Relative to the first traded exchange price... the performance to date has been poor. Almost all the tokens are down over 80%," the report summarized.

IEOs differ from initial coin offerings, or ICOs, in that an exchange directly lists the tokens via its own dedicated launchpad.

CoinTelegraph

☠️ 2 Million NULS Token stolen from Dev Wallet

The NULS team said on Twitter that hackers have compromised the account of the NULS (NULS) team wallet.

The breach resulted in 2,000,000 NULS token being transferred. With upwards of 548,354 tokens traded on markets and no longer traceable.

NULS further noted that the cause of the attacked could be traced to the security vulnerability in version 2.2 of the NULS protocol, which has now been fixed.

As of the time of writing, NULS market have not taken such a huge hit with price moving -1.6% in the last 24 hours.

Cryptopotato

⛩️ Poloniex drops KYC for withdrawals of up to $10,000 per day

Poloniex has introduced a new "level 1" account tier that has no KYC (know-your-customer) requirements.

Existing unverified accounts will automatically be upgraded and unfreezed.

The account level allows new users to withdraw up to $10,000 per day, using only a verified email address and password, with "unlimited" deposit and spot trading.

Poloniex further said that the accounts can also participate in other services, such as staking.

TheBlockCrypto