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Kokomo Finance Accused of $4M Exit Scam
Kokomo Finance, an open-source and noncustodial lending protocol on Optimism, is suspected of an exit scam worth $4 million. The protocol allegedly plucked user funds via a smart contract loophole, causing the Kokomo Finance token to plummet 95% in value. Blockchain security firm CertiK alerted its followers to the situation, noting that Kokomo Finance removed all social media accounts following the incident.
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London Music Venue Koko Partners With Luno, Embrace 122 Years of Culture With Blockchain
London’s historic live music venue, Koko, has entered into a partnership with cryptocurrency trading platform Luno.