BNB Chain has released a list of high-risk projects, unreliable DApps, and fake tokens.
The growing development of the crypto industry brings with it problems called backdoors. Many frauds, money laundering and illegal acts began to rise.
Working on this issue, BNB Chain conducted a research that will make it easier for users to make decisions before investing. In this research, 191 risky projects and DApps came to the fore.
BNB Chain Conducted New Research
BNB Chain, which is in Binance’s ecosystem, has conducted a new research on crypto projects. In this research, the BNB Chain Red Alert list was created. Making a statement about this frequently updated list, the team stated that the list will be updated regularly every Friday.
According to the list, 191 new projects on BNB Chain are suspected of either creating fake tokens or simply having websites or Twitter accounts down. In addition, the list also states that these tokens cause high cuts in transaction fees.
Making a statement on the subject, BNB Chain stated that this list is not an investment advice and was made to inform investors.
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