EddieJayonCrypto

 29 Feb 24

tl;dr

The theft of over 7 million SERSH tokens from Serenity Shield's Metamask wallet led to a significant drop in the token's price, prompting the platform to halt trading in centralized exchanges and plan for a relaunch of the token through a robust smart contract. The incident, linked to a security bre...

The recent theft of over 7 million SERSH tokens from Serenity Shield's Metamask wallet has caused the token's price to plummet by over 90%, forcing the platform to suspend trading on centralized exchanges and initiate plans to relaunch the token through a robust smart contract.


This unfortunate incident, linked to a security breach at the crypto exchange OKX, has sparked concerns within the crypto community regarding the security of high-profile projects and the necessity for greater vigilance against scammers.


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Disclaimer

The opinions expressed by the writers at Grow My Bag are their own and do not reflect the official stance of Grow My Bag. The content provided on our site is not intended as investment advice, and Grow My Bag is not an investment advisor. We do not endorse buying or selling any cryptocurrencies or digital assets mentioned in our articles. High-risk investments in Bitcoin, cryptocurrencies, and digital assets require thorough due diligence, and all transfers and trades made are at your own risk. Grow My Bag is not responsible for any potential losses and participates in affiliate marketing.
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