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Anti-Snipe Tax Turned Self-Enrichment Tool: Pons V2's 10 Projects Expose $18.4M Rug Pull Operation
Blockchain

Anti-Snipe Tax Turned Self-Enrichment Tool: Pons V2's 10 Projects Expose $18.4M Rug Pull Operation

On-chain analysts discovered that across 10 token projects on the Pons V2 platform on Robinhood Chain, founders exempted specific wallets from the anti-snipe tax—wallets that then bought up the majority of token supply, totaling $18.4 million.

Robinhood Chain’s DEX single-day trading volume soared to a new high of US$989 million in August
Blockchain

Robinhood Chain’s DEX single-day trading volume soared to a new high of US$989 million in August

The Block reported that the single-day trading volume of the decentralized exchange on Robinhood Chain hit a record of US$989 million in August, the total lock-up value increased simultaneously, and the proportion of utility tokens is catching up with memecoin.