MONAD

DESCRIPTION OF EVENTS

"Extreme Parallelized Performance Superscalar Pipelining for the EVM

Monad is a decentralized, developer-forward Layer 1 smart contract platform that ushers in a new paradigm of possibility through pipelined execution of Ethereum transactions.

Crafted for productivity, fundamentally optimized."

"Monad supports 10,000 transactions per second, significantly increasing throughput capabilities and opening doors for distributed applications--even those with greater complexity and higher usage--to run in a decentralized manner."

"Fake Monad on ETH is suspected of a rug pull, with the deployer removing substantial liquidity, causing a 100% price decline."

Monad is a blockchain which specializes in offering high throughput through parallel execution. In early April a fake Monad token was launched and had the liquidity (74 ETH) pulled out.

SlowMist Hacked - SlowMist Zone (May 1)
https://www.dextools.io/app/cn/ether/pair-explorer/0x6c2cf17a556053f9e315e5aba8af57686b6af68f (May 7)
Monad | Extreme Parallelized Performance for EVM (May 7)
@monad_xyz Twitter (May 7)
Blockchain Developer Monad Labs Raises $225M Led by Paradigm (May 7)
Paradigm leads $225 million round for Monad Labs, which is building a layer 1 blockchain to take on Ethereum and Solana | Fortune Crypto (May 7)
@monad_xyz Twitter (May 7)
Does Monad Crypto Have Potential to Replace Solana? - YouTube (May 7)
Ethereum Transaction Hash (Txhash) Details | Etherscan  (May 7)

More case studies

Truflation Fake
Token Rug Pull

Empower AI
Token Rug Pull