SudoRare NFT Project Disappeared With 520 Ether
SudoRare abruptly terminated all of its services and social media profiles when it was claimed that the company had stolen 519 ETH, which is equivalent to around $815,000. Tuesday, the developers of the non-fungible token (NFT) platform SudoRare demanded more than $800,000 in a variety of cryptocurrencies from customers before removing the project’s internet presence. The decentralized NFT marketplace SudoSwap, which is well-known for its liquidity pools for NFTs and lower gas fees, was the inspiration for the creation of SudoRare. LooksRare (LOOKS), another NFT marketplace that rewards users for their participation on the platform, was also a source of inspiration for SudoRare. Over the course of the past year, both projects have seen an increase in popularity within crypto circles . Over the course of one week, users that staked LOOKs, XMON, and wETH for SudoRare own tokens were eligible to participate in a yield farm. However, blockchain data from Tuesday morning sho...