Web3 TRQ Project Suspended Trading Due To Suspected Hacking

December 11, 2022 - Around 2 mins mins to read

The Web3 TRQ project is suspected of being hacked, causing the token price to plummet. The project said that it is temporarily suspending transactions for some special reasons and will announce again later.

According to the monitoring of the cryptocurrency security company, the price of the TRQ token has plummeted, leading to the suspicion that the Web3 project has been hacked.

It seems @TRQ6688 is hacked, resulting in significant $TRQ price drop. Here comes one related hack tx: https://t.co/GErh6nm9lf and the attacker's profit address: https://t.co/mkt9YCvoz9 https://t.co/9WhImW5mOr pic.twitter.com/gS2OP7vmSz
— PeckShield Inc. (@peckshield) December 10, 2022

As for the sudden price drop, the project side did not give any reason and just announced to suspend trading for some special reasons, telling users to wait patiently for the next announcement.

With this uncertainty in the market crisis, there has been some speculation that the project is experiencing a rug pull phenomenon.

rug pic.twitter.com/qRBRuOP7rW
— ❤️ Memecoin sumrise.eth (@Sumrise2) December 10, 2022

The project only sketches out a new decentralized, distributed, open, traceable, transparent and trusted planetary eco-platform that will improve on the current affairs of Web3.0. and create new opportunities for Web3.0 innovation.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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