NFT Projects Linked to Pepe Creator Matt Furie Exploited for $1 Million Mutuum Finance Token Price Surges 200% in Presale Phase 5

Blockchain investigator ZachXBT has uncovered a significant exploit targeting NFT projects associated with Pepe creator Matt Furie, resulting in a loss of $1 million. The breach, which affected platforms like Replicandy and Peplicator, involved attackers minting and dumping NFTs, causing floor prices to crash. Investigators suspect that North Korean IT workers were behind the attack, highlighting vulnerabilities in the hiring practices within the crypto market.

Meanwhile, Mutuum Finance (MUTM) is gaining significant traction in the crypto market. The project is currently in Phase 5 of its presale, with tokens priced at $0.03, a 200% increase from the opening phase’s $0.01. Over 50% of this phase has been filled, indicating a narrowing window to purchase tokens at the current rate. Phase 6 will see a 16.7% price hike to $0.035, with the launch set at $0.06, ensuring a 100% return on investment for current buyers.

Mutuum Finance has raised $11,400,000 and attracted 12,600 holders, demonstrating strong investor confidence. The project has undergone a CertiK audit, achieving a 95.00 security score with no vulnerabilities, solidifying its reliability in the crypto market.

Mutuum Finance is innovating in the DeFi space with a dual-lending system: Peer-to-Contract and Peer-to-Peer. The Peer-to-Contract system uses a smart contract to adjust interest rates in real-time, ensuring stability in lending and borrowing. The Peer-to-Peer system allows direct, negotiable transactions suitable for volatile assets, enhancing transparency and efficiency. Additionally, Mutuum Finance is developing a USD-pegged stablecoin on Ethereum to minimize depegging risks and boost liquidity.

The team has also launched a $50,000 USDT Bug Bounty Program with CertiK, offering rewards across four severity tiers to enhance security. A leaderboard rewards the top 50 holders with bonus tokens, incentivizing long-term commitment. These initiatives underscore Mutuum Finance’s focus on trust and community engagement, making it a standout crypto investment.

Analysts project that Mutuum Finance (MUTM) could climb to $1.8 by late 2025, a 60x increase from its current price. This projection is driven by its innovative lending model, stablecoin, and Layer 2 advancements. The crypto market is showing significant interest in Mutuum Finance as investors seek secure tokens before Phase 6’s price jump.