8 Ways to Check if a Token is a Scam at a Glance
This includes block browser verification, checking pool liquidity, and listed exchanges.
![image JinseFinance](https://image.coinlive.com/24x24/cryptotwits-static/9e021fa1f8e48e84c05a9c950c3e45dd.png)
This includes block browser verification, checking pool liquidity, and listed exchanges.
Vitalik Buterin criticizes ZKasino for exploiting zero-knowledge proofs, leading to a $32M rug pull and significant backlash from the crypto community.
An investigation into HyperVerse reveals a CEO with unverifiable credentials, raising doubts about the scheme's legitimacy. Investors face financial turmoil amid discrepancies surrounding key figures, highlighting the need for regulatory scrutiny in the crypto investment landscape.
In a plot twist, Taiwanese singer Nine Chen, entangled in a web of investments, now faces legal repercussions. Initially a witness, Chen now finds himself a defendant, adding an unexpected layer to his challenges. Known for his business savvy, Chen diversified into streetwear, restaurants, NFTs, escape rooms, and cyber poker. While his streetwear venture thrives with an eight-figure annual turnover, others yield mixed results.
Made as a memecoin, there is no immediate utility for the token, which makes its rise, together with other more familiar memecoins like DOGE and PEPE, particularly interesting.
In addition to fake ETH 2.0 tokens and malicious token airdrops, cryptocurrency users should also be wary of staking pools offering attractive staking yields.
In a bear market, it is difficult to survive and difficult to ascend to the sky.
A link to a fake Louis Vuitton NFT sweepstakes was created to capitalize on a recent genuine collaboration between Beeple and the luxury fashion brand.
And over the past few years, GameFi has emerged as the newest category in the crypto economy.
Recommended reading tonight: 1. Why did BTC break below $36,000 after erasing the rebound gains after the Fed meeting? 2. To seize the opportunity of Web3, Silicon Valley talents are busy switching jobs; 3. Forbes: Is GameFi another encryption scam?