Is Day of Defeat a Scam Project?

Key Takeaways

  • Day of Defeat project has seen a sharp price drop of more than 96% on May 6th,2022.
Token Price Crash Of Day Of Defeat
Token Price Crash

Below is a quick overview of this project.

Day of Defeat has described itself as a social experiment with a radical deflationary mathematical model which will keep the price of DOD tokens rising continuously. The team of DOD has fixed the first and final price in the smart contract mathematically. Therefore, all final holders will get 10,000,000 X gains.

Here is the contract address: https://bscscan.com/address/0xc709878167ed069aea15fd0bd4e9758ceb4da193

According to the information provided by CerTik Team, $1.35M worth of assets were sent to EOAs from DOD contract-related addresses. The involved EOA addresses are:

  1. https://bscscan.com/address/0x2cbfda0600f26514b5715875aa4b273bf5edc775
  2. https://bscscan.com/address/0x404bc3bb20cfbea9ec7345f6e8b9321b67ed14d0

After the Day of Defeat team was notified of this attack, they have tweeted that, We are currently investigating this situation, our marketing wallet and transition wallet was compromised by an outside hacker. We have reported to Binance and local authorities.

According to the official statement on their Telegram channel, there was a major sell-off by the marketing wallet and transitional wallet. But as of now, the contract is safe, and they have switched to new wallets. They have also apologized to all our holders for this unforeseen unfortunate event.

At present, all coins are concentrated in one wallet, which is a wartime wallet. However, since hackers may have also obtained the private keys of other wallets, so the team has newly established this wartime wallet to prevent the coins from being stolen again. In addition, they have freshly created a multi-signature wallet to increase the security of the project.

Here is the token address: https://bscscan.com/token/0xc709878167ed069aea15fd0bd4e9758ceb4da193. It has a supply of 53,471,234,195,676.999901 tokens. Currently, 52,332 addresses are holding it.

We will recommend our readers to be careful and perform their own research before investing in it. As crypto scams are increasing nowadays, our readers should stay alert.

Here are some Latest Scam Projects our readers should know about
  1. Is MetaSwap a Scam Project?
  2. Is JustApe a Scam Project?
  3. Is Walt Disney Metaverse a Scam Project?
  4. Is NodeGrid a Scam Project?
Yash Kamal Chaturvedi
Yash Kamal Chaturvedi

Btech Computer Science, Maharshi Dayanand University, Rohtak (2023)

Newsletter

Crypto News, NFTs and Market Updates

Crypto Products

Can’t find what you’re looking for? Type below and hit enter!

Can’t find what you’re looking for? Type below and hit enter!