Allegations of Fraud and Stolen Funds Surround DeFi Project Fintoch
DeFi project Fintoch was accused of. that it may be a pyramid scheme, and its creators stole $31.6 million from users. This was reported by blockchain researcher @ZachXBT. Millions of users were withdrawn to BNB Chain (formerly Binance Smart Chain) via Tron and Ethereum n ...
BNB Chain Blockchain Adds 191 Projects to Red List to Warn Investors of Potential Fraud
The BNB Chain blockchain developers have taken swift action by adding 191 projects to their red list. This list serves as a warning to investors about the possible dangers of investing in fraudulent projects. The updated list includes projects that have fake tokens, exorbitant withdrawal fees, ...
Decentralized Crypto Exchange Safemoon Hacked for $9 Million
BNB Chain-based decentralized cryptocurrency exchange Safemoon was hacked, resulting in the withdrawal of about $9 million from its liquidity pool. , adding that he is taking immediate action to resolve the problem. According to the BscScan service, almost $9 million worth of crypto assets were w ...