Over 16,000 rugpulls have been launched in the past three months, with millions of dollars stolen weekly. To combat this, Pocket Universe has launched a Rugpull Detector to warn users if a token is likely linked to serial rugpullers. It has flagged about 60% of hard rugs and the company has plans for further improvements and broader coverage.

Investors and market makers of the ZKX DEX were surprised by its shutdown, claiming they received no notice. Blockchain investigators claim that this might have been a rug pull. The token's value has decreased ~93.6% since it was launched.

Token Terminal's new Discover Page simplifies data-driven crypto analysis, making it easier to identify profitable opportunities even in a down market. This thread highlights five key insights, including the growth of protocols like Base, Aave, Avalanche, and Celo, and offers guidance on how to leverage these metrics to inform investment strategies in DeFi blue chips such as Lido, Maker, and Uniswap.

Taproot Wizard’s Eric Wall explained why he believes the $10 billion protocol is significantly overvalued in a post that took Crypto Twitter by storm this weekend. In the post, he expressed frustration at the redundancy of the model computations and how they are incentivized to give extremely similar results or otherwise not be rewarded tokens. Wall also noted that the models have similar content filters to ChatGPT and thus offer no benefits over centralized solutions.

The guide offers tips for identifying small-cap cryptocurrency gems. It recommends using Dexscreener for filtering based on liquidity, pair age, and transaction volume. Etherscan can help in tracking notable wallets in new launches. Automated notifications about potential small caps and the use of tools that track high-profit trades on Ethereum are also encouraged. The guide also suggests monitoring new wallet activity as an indicator of project interest. These methods carry inherent trading risks.

Pump.fun, a memecoin launchpad, has exceeded $100 million in revenue since its January 2024 launch, while Polymarket's trading volume in August outpaced the entire NFT market.

Earlier today, a security breach targeted Penpie, causing a loss of funds, but quick action from Pendle's team successfully paused contracts, protecting $105M from further attacks.

Yuga Labs announced it would "no longer touch" CryptoPunks after facing backlash for launching the "Super Punk World" collection.

A hack has been detected on Parcl's official website that drains tokens from Solana wallets and displays fake transaction results in Phantom.