Pandas, cyborgs, dogs, koalas dominate BNB Chain Red Alarm flag list
BNB Chain's Red Alert system flags projects based on obvious features that have been historically used in scams, rug pulls and phishing. BNB Chain, a blockchain network created by crypto exchange Binance, identified over 50 on-chain projects that pose a significant risk to the users. A mix of crypto spin-offs resembling Dogecoin (DOGE) and Binance and others dedicated to pandas, cyborgs and koalas made the list as untrustworthy and high-risk projects.BNB Chain’s Red Alarm feature, which was implemented to protect investors from potential rug pulls and scams, flagged projects based on two....
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