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 Nima Capital goes dark after dumping 9M SNY tokens community calls it VC rug

Nima Capital goes dark after dumping 9M SNY tokens community calls it VC rug


Published: 2023-09-05


1. Rug Pull: The article highlighted a rug pull incident involving Nima Capital,a venture capital firm that allegedly dumped $9 million worth of SNY tokens and then disappeared. This event resulted in financial losses for the community and raised concerns about the trustworthiness of certain VC firms in the crypto space. The community has labeled it as a "VC rug" due to the abrupt dumping of tokens and subsequent disappearance of Nima Capital.

2. SNY Tokens: SNY tokens were at the center of the rug pull incident mentioned above. These tokens,which belong to the Synthetify project,were sold by Nima Capital,causing a significant drop in their value. The article discusses the impact of the token dump on the community and the subsequent efforts to address the situation. It sheds light on the vulnerability of decentralized finance projects to erratic market behaviors and the need for enhanced due diligence.

3. Community Response: The article highlights the response from the crypto community to the Nima Capital rug pull. Many community members expressed outrage and frustration over the unfair distribution of tokens and the lack of transparency from Nima Capital. They also called for stricter regulations and increased accountability for VC firms operating in the crypto sphere. The incident served as a wake-up call for the community to be cautious and discerning when dealing with investment opportunities in the decentralized finance space.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,102.50 1,007,540,059.10
2 BTC title=BTC 67,171.58 914,656,860.24
3 ETH title=ETH 3,107.12 490,338,518.92
4 SOL title=SOL 173.29 442,038,931.47
5 WIF title=WIF 2.55 246,665,410.67
6 PEPE title=PEPE <0.01 215,490,030.26
7 BONK title=BONK <0.01 143,331,373.10
8 DOGE title=DOGE 0.15 97,324,968.80
9 FTM title=FTM 0.89 91,546,014.27
10 ENA title=ENA 0.73 86,170,892.51
11 BOME title=BOME 0.01 82,276,585.10
12 LINK title=LINK 16.52 61,085,924.93
13 PEOPLE title=PEOPLE 0.04 52,991,818.14
14 FLOKI title=FLOKI <0.01 52,824,746.16
15 RNDR title=RNDR 10.57 51,488,038.15
16 NEAR title=NEAR 7.91 48,147,801.68
17 RUNE title=RUNE 6.69 47,539,065.89
18 RSR title=RSR <0.01 47,119,891.88
19 ORDI title=ORDI 40.63 45,875,358.62
20 XRP title=XRP 0.52 44,507,819.70
21 1000SATS title=1000SATS <0.01 40,162,150.57
22 AVAX title=AVAX 36.75 38,969,607.84
23 ICP title=ICP 13.07 37,270,256.78
24 WLD title=WLD 4.89 36,436,687.38
25 BCH title=BCH 490.40 35,859,898.70
26 JUP title=JUP 1.23 34,758,419.73
27 UNI title=UNI 7.83 28,942,715.90
28 JTO title=JTO 4.45 27,848,287.02
29 SUI title=SUI 1.07 26,886,434.84

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Marlin title=POND 0.02 +13.85
2 Bonk title=BONK <0.01 +12.37
3 Unifi Protocol DAO title=UNFI 4.16 +9.80
4 Phala title=PHA 0.20 +7.78
5 eCash title=XEC <0.01 +5.73
6 COTI title=COTI 0.14 +5.02
7 Render title=RNDR 10.57 +4.76
8 Reserve Rights title=RSR <0.01 +3.54
9 AC Milan Fan Token title=ACM 2.37 +3.41
10 Uniswap title=UNI 7.83 +2.96
11 Fantom title=FTM 0.89 +2.90
12 BEAMX title=BEAMX 0.03 +2.84
13 Alchemy Pay title=ACH 0.03 +2.35
14 SSV Network title=SSV 43.31 +2.24
15 Conflux title=CFX 0.23 +1.90
16 Wrapped NXM title=WNXM 67.87 +1.89
17 JasmyCoin title=JASMY 0.02 +1.88
18 Tranchess title=CHESS 0.19 +1.70
19 Chainlink title=LINK 16.52 +1.69
20 Renzo title=REZ 0.11 +1.48
21 Akropolis title=AKRO <0.01 +1.46
22 AS Roma Fan Token title=ASR 3.74 +1.44
23 Request title=REQ 0.13 +1.41
24 Polkastarter title=POLS 0.75 +1.34
25 Viction title=VIC 0.43 +1.32
26 Juventus Fan Token title=JUV 2.53 +1.20
27 Kusama title=KSM 30.28 +1.10
28 NEXO title=NEXO 1.33 +0.84
29 Ellipsis X title=EPX <0.01 +0.77
30 Voxies title=VOXEL 0.22 +0.68

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Bluzelle title=BLZ 0.31 -14.37
2 Biconomy title=BICO 0.53 -10.30
3 ForTube title=FOR 0.02 -9.58
4 Tensor title=TNSR 0.87 -9.10
5 ConstitutionDAO title=PEOPLE 0.04 -8.86
6 dogwifhat title=WIF 2.55 -8.84
7 Enzyme title=MLN 20.30 -8.56
8 Pepe title=PEPE <0.01 -7.38
9 Pyth Network title=PYTH 0.43 -7.02
10 Quickswap [OLD] title=QUICK 0.05 -6.84
11 FUNToken title=FUN <0.01 -6.47
12 Lisk title=LSK 1.85 -6.37
13 Loom Network (NEW) title=LOOM 0.09 -5.61
14 Prom title=PROM 9.75 -5.43
15 Chromia title=CHR 0.34 -5.43
16 BOOK OF MEME title=BOME 0.01 -5.42
17 Lido DAO title=LDO 1.74 -5.35
18 WazirX title=WRX 0.20 -5.29
19 Jito title=JTO 4.45 -5.06
20 xMoney title=UTK 0.08 -4.92
21 Voyager title=VGX 0.08 -4.84
22 Dymension title=DYM 2.66 -4.73
23 IDEX title=IDEX 0.06 -4.73
24 Verge title=XVG <0.01 -4.69
25 Cream title=CREAM 56.71 -4.64
26 Manta Network title=MANTA 1.55 -4.62
27 LeverFi title=LEVER <0.01 -4.52
28 LTO Network title=LTO 0.19 -4.51
29 Ether.fi title=ETHFI 3.35 -4.51
30 FC Porto title=PORTO 2.40 -4.34

Bitcoin's Greed and Fear Index.

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72
Greed

Global CryptoCurrency News

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5 If SEC approves spot Ether ETFs many will be caught severely offside 2024-05-18
6 Genesis Global secures court approval for 3B payout 2024-05-18
7 US authorities bust 73M crypto scam make two arrests 2024-05-18
8 AI safety researchers leave OpenAI over prioritization concerns 2024-05-18
9 What is the Ethereum ETH burn address 2024-05-18
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11 Godfather of AI advises UK government to start UBI 2024-05-18
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13 Tornado Cash founder sent to prison DeFis EU struggles Finance Redefined 2024-05-18
14 Ethereum price rallies above 31K after unexpected regulatory victory 2024-05-18
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17 Alex Labs freezes 39M of exploited funds sent to CEXs after hack 2024-05-18
18 Ghana Singapore conduct trade in semi fungible token pilot project 2024-05-18
19 Changpeng Zhao teases writing project ahead of reporting to prison 2024-05-18
20 Crypto personality pleads guilty to fraud after promising 60 039fictitious039 returns 2024-05-18
21 Biden may rethink SAB 121 vote veto due to political support for crypto 2024-05-18
22 Over 80 of recent Binance token listings are bleeding red 2024-05-17
23 Binance exec denied bail in Nigeria money laundering trial 2024-05-17
24 Sony warns 700 AI devs music streaming companies against content misuse 2024-05-17
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US news that has a significant impact on the market

at news day date time
1 Fed Chair Powell Speaks Sunday 19-05-2024 20:30
2 FOMC Member Bostic Speaks Monday 20-05-2024 12:30
3 FOMC Member Bostic Speaks Monday 20-05-2024 13:45
4 FOMC Member Waller Speaks Monday 20-05-2024 14:00
5 FOMC Member Barr Speaks Monday 20-05-2024 14:00
6 FOMC Member Jefferson Speaks Monday 20-05-2024 15:30
7 FOMC Member Mester Speaks Monday 20-05-2024 19:00
8 Treasury Sec Yellen Speaks Tuesday 21-05-2024 09:00
9 FOMC Member Waller Speaks Tuesday 21-05-2024 14:00
10 FOMC Member Barkin Speaks Tuesday 21-05-2024 14:00
11 FOMC Member Williams Speaks Tuesday 21-05-2024 14:05
12 FOMC Member Bostic Speaks Tuesday 21-05-2024 14:10
13 FOMC Member Barr Speaks Tuesday 21-05-2024 16:45
14 FOMC Member Mester Speaks Wednesday 22-05-2024 00:00
15 Existing Home Sales Wednesday 22-05-2024 15:00
16 Crude Oil Inventories Wednesday 22-05-2024 15:30
17 FOMC Meeting Minutes Wednesday 22-05-2024 19:00
18 Unemployment Claims Thursday 23-05-2024 13:30
19 Flash Manufacturing PMI Thursday 23-05-2024 14:45
20 Flash Services PMI Thursday 23-05-2024 14:45
21 New Home Sales Thursday 23-05-2024 15:00
22 Natural Gas Storage Thursday 23-05-2024 15:30
23 FOMC Member Bostic Speaks Thursday 23-05-2024 20:00
24 Core Durable Goods Orders m/m Friday 24-05-2024 13:30
25 Durable Goods Orders m/m Friday 24-05-2024 13:30
26 FOMC Member Waller Speaks Friday 24-05-2024 14:35
27 Revised UoM Consumer Sentiment Friday 24-05-2024 15:00
28 Revised UoM Inflation Expectations Friday 24-05-2024 15:00

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