↗ The Ups and Downs: Journey of CREAM Coin in the Crypto Market

Huge movement has been seen recently in the cryptocurrency market, involving **CREAM Coin**, as noted by multiple resources. Reports have highlighted it increasing in value by **65%** and **60%** due to undisclosed reasons, stirring potential pump and dump scheme speculations. The token also experienced a sharp plunge following news that **hack compensation** would inflate the supply. Additionally, an important advancement in the DeFi scene was made when project '**Lossless**' helped recover a considerable **$16.7M** from a **Cream Finance hack**.Another eye-catching development is the exploit of **Cream Finance** in a **flash loan attack**, where over $100M was netted. Almost **$3.3M** worth ETH and collateral from the exploit was moved by **Aave** (AAVE). This situation has caused major concern in the cryptocurrency community and raised questions around Cream Finance's future actions. The entity has since converted around **$1.75M** of the stolen funds back to **bitcoin**.The **CREAM Coin's** position as a token associated with a reputable entity has been questioned as it's associated with the infamous **Wu-Tang Clan member Ghostface Killah**. Though the coin has dropped **96.3%** since January, its co-founder was still planning to raise **$30M**.Finally, **CREAM Coin’s** history of soaring by **130%** after burning **67%** of its supply cannot be overlooked. The coin was named among the '**10 Best Performing Assets of 2017**'.

CREAM Coin News Analytics from Thu, 31 Aug 2006 07:00:00 GMT to Tue, 01 Oct 2024 08:08:57 GMT - Rating 3 - Innovation -4 - Information 7 - Rumor -6