Blockchain safety agency PeckShield revealed on February 25 that builders behind Ariva Digital ($ARV) have withdrawn the Token from the staking contract and swapped it to 1,700 WBNB.
After the rug pull, ARV token’s costs plummeted from highs of $0.00035 to underneath $0.000083, an excessive drop.
What Is Ariva Digital ($ARV)?
$ARV has been produced for lively use in international and native tourism and journey networks within the close to future. Challenge is a worldwide B2C journey & tourism community the place members can meet with international and native tourism service suppliers within the mild of earlier vacationers’ experiences and shares, make bookings with Cryptocurrency and earn crypto cash from each their reservations and priceless content material sharing.
Ariva was produced to remove the costly prices of worldwide high-volume cash transfers and the Swift transaction complexity in tourism and journey transactions, that are amongst one of many highest quantity industries on the earth economic system. $ARV is the tourism cryptocurrency of the close to future that may be spent safely in each nation of the world from its crypto cash pockets, eliminating the necessity to carry money or debit playing cards.
In keeping with studies, rug pull stole over $2.8 billion from traders in 2021. Throughout the 12 months, it accounted for 37% of all rip-off income, in comparison with simply 1% in 2020.
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