Odaily Planet Daily News According to Paidun monitoring, Magnate Finance scammers have transferred more than 1.34 million DAI to new addresses starting with 0x0664.
According to previous news, on-chain detective ZachXBT tweeted that after being reminded by the community, the Base ecological lending agreement Magnate Finance may have an exit scam in the near future, because the address of the deployer is related to the exit scam of Solfire and the exit scam of Kokomo Finance. Magnate Finance's website is currently unavailable, displaying "500 Internal Server Error". Its Telegram group has been deleted.
According to Paidun monitoring, the developer of Magnate Finance modified the provider of the protocol oracle machine and removed all assets in the protocol.