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Most Crypto Scams are Happening on This Blockchain – Here’s What You Need to Know

Cryptocurrency risk monitoring platform Solidus Labs said that over 10% of tokens showing scam characteristics reside on Binance's native BNB Chain. Less than 10% is seen on Ethereum (ETH). The research firm announced it...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Most Crypto Scams are Happening on This Blockchain – Here’s What You Need to Know
Cryptocurrency risk monitoring platform Solidus Labs said that over 10% of tokens showing scam characteristics reside on Binance's native BNB Chain. Less than 10% is seen on Ethereum (ETH).
The research firm announced its real-time, on-chain Threat Intelligence tool on Thursday, saying that it was designed to help anti-money laundering (AML) teams address smart contract scams, which the firm described as "one of [decentralized finance] DeFi and Web3’s biggest challenges"....
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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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