The decentralized betting platform RiskOnBlast, operating on the Blast L2 ecosystem, has executed an exit scam, defrauding investors of approximately $1.3 million (420 ETH). The scam, which took place on February 25, involved the project raising funds through an Initial DEX Offering (IDO) capped at 420 ETH. Following the fundraising, RiskOnBlast deleted its social media accounts. This incident marks the first rug pull associated with the Blast L2 ecosystem. In related news, the cryptocurrency mixer Tornado Cash has reportedly suffered a backend exploit, putting user deposits at risk since January 1. Additionally, the KyberSwap hacker has been observed moving $2.5 million in stolen funds to Ethereum, highlighting ongoing security concerns within the cryptocurrency space.