ANKH Archives - Coin Engineer https://coinengineer.net/blog/tag/ankh/ Btc, Coins, Pre-Sale, DeFi, NFT Sun, 11 Aug 2024 08:48:31 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://coinengineer.net/blog/wp-content/uploads/2024/04/cropped-Coin-Engineer-Logo-Favicon-2-32x32.png ANKH Archives - Coin Engineer https://coinengineer.net/blog/tag/ankh/ 32 32 Lost Hacker Returns with New Altcoin After $60 Million Disappearance! https://coinengineer.net/blog/lost-hacker-returns-with-new-altcoin-after-60-million-disappearance/ https://coinengineer.net/blog/lost-hacker-returns-with-new-altcoin-after-60-million-disappearance/#respond Sun, 11 Aug 2024 09:00:48 +0000 https://coinengineer.net/blog/?p=26421 Self-Proclaimed Hacker Makes a Comeback: New Altcoin Sees 153% Surge! After being off the radar since 2021, a self-proclaimed hacker has launched a new altcoin today. This surprising move has led to a 153% increase in the altcoin’s price. The development has caught the attention of investors and crypto enthusiasts alike. Stay tuned for more

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]]> Self-Proclaimed Hacker Makes a Comeback: New Altcoin Sees 153% Surge! After being off the radar since 2021, a self-proclaimed hacker has launched a new altcoin today. This surprising move has led to a 153% increase in the altcoin’s price. The development has caught the attention of investors and crypto enthusiasts alike. Stay tuned for more details and updates on this intriguing situation!

The infamous hacker Anubis has resurfaced after a three-year hiatus, introducing a new token that has already shown a staggering 153-fold increase in value. Initially launched with just 2 ETH in liquidity, the token has quickly gained attention within the cryptocurrency community.

New Token: ANKH

The new token, named ANKH, has rapidly gained popularity among investors. However, caution is advised with this token due to the hacker’s previous history of disappearing with investors’ ETH in past projects.

Leaked Seed Phrase and Security Concerns

The launch of the token has already been marred by a security scandal. There are claims that the seed phrase for the ANKH contract address has been leaked, allowing anyone with access to it to mint additional ANKH tokens, potentially driving the token’s value to zero.

Past Scandal: AnubisDAO

n 2021, Anubis made headlines with the AnubisDAO project. This project faced allegations from investors claiming they were defrauded of a total of 60 million USD in ETH. Marketed as a decentralized reserve currency supported by bond sales and liquidity provider fees, AnubisDAO managed to attract significant investment through its Discord servers and active Twitter accounts, despite lacking a website.

 

READ: Pyth Network Launches Express Relay to Combat MEV in DeFi.

 

On October 28, 2021, AnubisDAO launched a token sale on the Copper platform. Participants exchanged ETH for ANKH tokens, raising 60 million dollars in ETH in less than 24 hours. However, just twenty hours after the sale, a shocking event occurred where 13,597 ETH was mysteriously withdrawn from the token sale pool and transferred to an unknown address.

Conclusion and Investment Warning

The developments surrounding the ANKH token and the previous scandal highlight significant risks for investors. It is crucial to consider these factors before making any investment decisions.

This article does not constitute investment advice

The post Lost Hacker Returns with New Altcoin After $60 Million Disappearance! appeared first on Coin Engineer.

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