⇘ Ups and Downs of Cream Coin: From Crypto Hacks to Price Surges
Cream Finance , known popularly for their cryptocurrency CREAM , has seen some significant developments over the past few months. The crypto...
The recent activity around the CREAM Coin has generated polarized discussions. There's been a significant fluctuation in the value of the cryptocurrency, with the coin witnessing a 60% rise in its price, triggering assumptions of pump-and-dump schemes. However, a sharp plunge was also observed following the announcement that token supply would be inflated to compensate for hacking attacks. Cream Finance, the parent entity of CREAM Coin, has unfortunately been subject to multiple exploitation attempts, with the latest causing a loss of over $130 million. The exploiter converted $1.75M in stolen funds into Bitcoin.
Yet, security initiatives like the DeFi project 'Lossless' have been instrumental in recovering a substantial amount from these hacks. There is an increased interest in the crypto sphere, with traders exploring alternatives to Bitcoin, where CREAM Coin has been under the spotlight. In another interesting development, Baskin-Robbins introduced a 'Gold Coin'-Filled flavor, somehow symbolizing the fascination of society with cryptocurrencies. Overall, the narrative around CREAM Coin is filled with turbulence, opportunities, and notable resilience in the face of security breaches.
CREAM Coin News Analytics from Thu, 31 Aug 2006 07:00:00 GMT to Wed, 23 Oct 2024 18:53:26 GMT - Rating -5 - Innovation 2 - Information 5 - Rumor -4