High-risk DeFi projects like Merlin Chain, using sidechains and bridges for transactions, attract investors despite notable security concerns and hacking…
zkSync-based decentralized exchange Merlin was recently hit by a rugpull scam that resulted in the loss of almost $2 million…
CertiK is exploring a community compensation plan to cover nearly 2 Million user funds lost in the Merlin DEX rug…
In response to some media reports that "the Merlin security incident is a Rug Pull and not a hacker attack,"…
zkSync, a Layer 2 scaling solution for Ethereum, has experienced a significant setback as its DEX Merlin was hacked. The…
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