DeFi project Chibi Finance deleted its online presence after redistributing nearly $1 million worth of tokens staked on Arbitrum’s (ARB) network. Although Arbitrum (ARB) is currently surging because of a recent massive withdrawal by an Arbitrum (ARB) whale, smart crypto investors are choosing VC Spectra (SPCT) as a permanent solution because of its amazing 900% potential and incredible real-life utility.
Chibi Finance Vanishes After Stealing Over 90,000 Arbitrum (ARB) Tokens
The team behind Arbitrum (ARB) based DeFi project Chibi Finance disappeared after stealing user deposits worth approximately $1 million. The rug pull involved 90,563.95 Arbitrum (ARB) tokens staked by Chibi Finance’s users.
The perpetrators allegedly bridged the funds from Arbitrum’s (ARB) to Ethereum’s (ETH) network and used Tornado Cash to cover their tracks. Hence, analysts have advised crypto traders to always do their due diligence and conduct proper research before investing in DeFi projects.
Arbitrum (ARB) is currently priced at $1.1440, surging by 17.71% in the last two weeks. This increase in Arbitrum’s (ARB) price reflects the June 25 massive Binance withdrawal of 450,881 Arbitrum (ARB) tokens (worth approximately $507,000) by previously dormant Arbitrum (ARB) whale ‘0x1b67’.
Arbitrum (ARB) enthusiasts believe that the token will manage to uphold its uptrend in the following term. However, bears advise traders to invest elsewhere since Chibi Finance is the 12th Arbitrum (ARB) based project to perform a rug pull in 2023.
VC Spectra’s (SPCT) outstanding stability and growth potential have inspired many investors to move away from unreliable tokens like Arbitrum (ARB). Due to its advanced real-world utility, this new crypto gem has attracted a large following in the crypto community while still in the public presale phase.
VC Spectra (SPCT) is a decentralized hedge fund that provides optimal gains at a minimal risk via the best investment possibilities in the current market space. VC Spectra (SPCT) explores the most lucrative options in current blockchain projects and technology startups and additionally brings users numerous unique benefits.
VC Spectra (SPCT) token holders can delve into a wide array of tokens and niche markets. The platform’s highly precise AI systems detect which projects have the highest chances to succeed through a rigorous risk analysis process. Thus, VC Spectra (SPCT) holders can diversify their portfolio with the most viable investments and receive quarterly dividends and buybacks from the profits.
Furthermore, VC Spectra (SPCT) convenient interface and visual tools empower users to detect recurring market trends and track their portfolio’s performance. The VC Spectra (SPCT) deflationary token grants exclusive access to pre-ICO discounts and voting rights for future investments.
In other words, VC Spectra (SPCT) token holders can benefit from the platform’s successful core funds while having an active say in its democratic community.
Currently priced at $0.008, the VC Spectra (SPCT) token will bring investors 37.5% returns once it enters the 2nd presale stage and surges to $0.011. However, early adopters will obtain as much as 10x gains during the next presale stages and unbelievably more after VC Spectra (SPCT) official launch!
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