• bitcoinBitcoin (BTC) $ 103,004.00
  • ethereumEthereum (ETH) $ 2,483.58
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.36
  • bnbBNB (BNB) $ 642.17
  • solanaSolana (SOL) $ 167.64
  • usd-coinUSDC (USDC) $ 0.999865
  • dogecoinDogecoin (DOGE) $ 0.216009
  • cardanoCardano (ADA) $ 0.761702
  • tronTRON (TRX) $ 0.269759
  • staked-etherLido Staked Ether (STETH) $ 2,482.95
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 102,805.00
  • suiSui (SUI) $ 3.78
  • wrapped-stethWrapped stETH (WSTETH) $ 2,984.82
  • chainlinkChainlink (LINK) $ 15.35
  • avalanche-2Avalanche (AVAX) $ 22.83
  • hyperliquidHyperliquid (HYPE) $ 27.29
  • stellarStellar (XLM) $ 0.287641
  • shiba-inuShiba Inu (SHIB) $ 0.000014
  • leo-tokenLEO Token (LEO) $ 8.95
  • hedera-hashgraphHedera (HBAR) $ 0.191678
  • bitcoin-cashBitcoin Cash (BCH) $ 396.62
  • the-open-networkToncoin (TON) $ 3.06
  • litecoinLitecoin (LTC) $ 98.92
  • polkadotPolkadot (DOT) $ 4.69
  • usdsUSDS (USDS) $ 0.999802
  • wethWETH (WETH) $ 2,482.21
  • moneroMonero (XMR) $ 332.99
  • binance-bridged-usdt-bnb-smart-chainBinance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00
  • wrapped-eethWrapped eETH (WEETH) $ 2,650.41
  • bitget-tokenBitget Token (BGB) $ 4.97
  • pepePepe (PEPE) $ 0.000012
  • pi-networkPi Network (PI) $ 0.705325
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 103,027.00
  • whitebitWhiteBIT Coin (WBT) $ 30.08
  • bittensorBittensor (TAO) $ 419.39
  • daiDai (DAI) $ 1.00
  • uniswapUniswap (UNI) $ 5.86
  • aaveAave (AAVE) $ 225.29
  • nearNEAR Protocol (NEAR) $ 2.74
  • aptosAptos (APT) $ 5.13
  • okbOKB (OKB) $ 52.96
  • jito-staked-solJito Staked SOL (JITOSOL) $ 201.52
  • kaspaKaspa (KAS) $ 0.114069
  • ondo-financeOndo (ONDO) $ 0.917315
  • blackrock-usd-institutional-digital-liquidity-fundBlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00
  • crypto-com-chainCronos (CRO) $ 0.098203
  • ethereum-classicEthereum Classic (ETC) $ 18.31
  • internet-computerInternet Computer (ICP) $ 5.20
  • tokenize-xchangeTokenize Xchange (TKX) $ 34.09
  • gatechain-tokenGate (GT) $ 21.34
  • official-trumpOfficial Trump (TRUMP) $ 12.56
  • mantleMantle (MNT) $ 0.730061
  • vechainVeChain (VET) $ 0.027855
  • render-tokenRender (RENDER) $ 4.55
  • ethena-staked-usdeEthena Staked USDe (SUSDE) $ 1.17
  • susdssUSDS (SUSDS) $ 1.05
  • cosmosCosmos Hub (ATOM) $ 4.78
  • usd1-wlfiUSD1 (USD1) $ 1.00
  • ethenaEthena (ENA) $ 0.363478
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 102,602.00
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.231915
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.752820
  • fasttokenFasttoken (FTN) $ 4.39
  • algorandAlgorand (ALGO) $ 0.217812
  • filecoinFilecoin (FIL) $ 2.80
  • arbitrumArbitrum (ARB) $ 0.378266
  • celestiaCelestia (TIA) $ 2.63
  • worldcoin-wldWorldcoin (WLD) $ 1.08
  • sonic-3Sonic (prev. FTM) (S) $ 0.503842
  • jupiter-perpetuals-liquidity-provider-tokenJupiter Perpetuals Liquidity Provider Token (JLP) $ 4.51
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999128
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,486.12
  • kucoin-sharesKuCoin (KCS) $ 11.84
  • bonkBonk (BONK) $ 0.000019
  • makerMaker (MKR) $ 1,751.92
  • jupiter-exchange-solanaJupiter (JUP) $ 0.484666
  • binance-staked-solBinance Staked SOL (BNSOL) $ 176.17
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,593.24
  • story-2Story (IP) $ 4.69
  • blockstackStacks (STX) $ 0.853864
  • nexoNEXO (NEXO) $ 1.26
  • flare-networksFlare (FLR) $ 0.019103
  • sei-networkSei (SEI) $ 0.225453
  • eosEOS (EOS) $ 0.792552
  • fartcoinFartcoin (FARTCOIN) $ 1.18
  • immutable-xImmutable (IMX) $ 0.635394
  • optimismOptimism (OP) $ 0.705356
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,818.42
  • injective-protocolInjective (INJ) $ 11.61
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.71
  • xdce-crowd-saleXDC Network (XDC) $ 0.070936
  • usdt0USDT0 (USDT0) $ 1.00
  • solv-btcSolv Protocol BTC (SOLVBTC) $ 103,002.00
  • the-graphThe Graph (GRT) $ 0.107120
  • dogwifcoindogwifhat (WIF) $ 0.969418
  • curve-dao-tokenCurve DAO (CRV) $ 0.688634
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,644.94
  • raydiumRaydium (RAY) $ 3.19
  • wbnbWrapped BNB (WBNB) $ 642.46
  • msolMarinade Staked SOL (MSOL) $ 216.72
  • paypal-usdPayPal USD (PYUSD) $ 0.999527
  • binance-bridged-usdc-bnb-smart-chainBinance Bridged USDC (BNB Smart Chain) (USDC) $ 1.00
  • flokiFLOKI (FLOKI) $ 0.000092
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 186.22
  • theta-tokenTheta Network (THETA) $ 0.855983
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 102,661.00
  • lido-daoLido DAO (LDO) $ 0.938270
  • jasmycoinJasmyCoin (JASMY) $ 0.017279
  • galaGALA (GALA) $ 0.018741
  • coredaoorgCore (CORE) $ 0.818660
  • walrus-2Walrus (WAL) $ 0.645292
  • clbtcclBTC (CLBTC) $ 103,973.00
  • polygon-bridged-usdt-polygonPolygon Bridged USDT (Polygon) (USDT) $ 1.00
  • tether-goldTether Gold (XAUT) $ 3,209.53
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,602.11
  • solv-protocol-solvbtc-bbnSolv Protocol Staked BTC (XSOLVBTC) $ 102,305.00
  • iotaIOTA (IOTA) $ 0.216245
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.012314
  • pax-goldPAX Gold (PAXG) $ 3,218.78
  • dexeDeXe (DEXE) $ 13.15
  • official-foOfficial FO (FO) $ 0.756678
  • the-sandboxThe Sandbox (SAND) $ 0.306076
  • heliumHelium (HNT) $ 3.98
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.19
  • ethereum-name-serviceEthereum Name Service (ENS) $ 21.62
  • bittorrentBitTorrent (BTT) $ 0.00000073
  • bitcoin-svBitcoin SV (BSV) $ 35.36
  • stakewise-v3-osethStakeWise Staked ETH (OSETH) $ 2,594.80
  • kaiaKaia (KAIA) $ 0.115800
  • zcashZcash (ZEC) $ 41.48
  • based-brettBrett (BRETT) $ 0.066311
  • pendlePendle (PENDLE) $ 4.00
  • usual-usdUsual USD (USD0) $ 0.997907
  • flowFlow (FLOW) $ 0.407048
  • tezosTezos (XTZ) $ 0.616184
  • spx6900SPX6900 (SPX) $ 0.675383
  • usdx-money-usdxStables Labs USDX (USDX) $ 0.998926
  • chain-2Onyxcoin (XCN) $ 0.018610
  • decentralandDecentraland (MANA) $ 0.329014
  • jito-governance-tokenJito (JTO) $ 1.86
  • polyhedra-networkPolyhedra Network (ZKJ) $ 2.07
  • thorchainTHORChain (RUNE) $ 1.68
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.10
  • ousgOUSG (OUSG) $ 111.09
  • pyth-networkPyth Network (PYTH) $ 0.154671
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.215862
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,485.29
  • sonic-bridged-usdc-e-sonicSonic Bridged USDC.e (Sonic) (USDC.E) $ 0.999831
  • grassGrass (GRASS) $ 1.96
  • super-oethSuper OETH (SUPEROETH) $ 2,485.48
  • aioz-networkAIOZ Network (AIOZ) $ 0.445226
  • aerodrome-financeAerodrome Finance (AERO) $ 0.639744
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 102,984.00
  • elrond-erd-2MultiversX (EGLD) $ 18.32
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,645.87
  • cgeth-hashkey-cloudcgETH Hashkey Cloud (CGETH.HASH) $ 2,527.45
  • apecoinApeCoin (APE) $ 0.621066
  • true-usdTrueUSD (TUSD) $ 0.998771
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008570
  • dydx-chaindYdX (DYDX) $ 0.628289
  • tbtctBTC (TBTC) $ 102,539.00
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,482.14
  • axie-infinityAxie Infinity (AXS) $ 2.93
  • arweaveArweave (AR) $ 7.20
  • beldexBeldex (BDX) $ 0.065999
  • starknetStarknet (STRK) $ 0.150811
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 0.999800
  • movementMovement (MOVE) $ 0.183551
  • telcoinTelcoin (TEL) $ 0.005066
  • neoNEO (NEO) $ 6.51
  • ketKet (KET) $ 0.453263
  • ecasheCash (XEC) $ 0.000023
  • pumpbtcpumpBTC (PUMPBTC) $ 100,272.00
  • kavaKava (KAVA) $ 0.411664
  • conflux-tokenConflux (CFX) $ 0.087315
  • aethirAethir (ATH) $ 0.048576
  • deepDeepBook (DEEP) $ 0.175001
  • apenftAPENFT (NFT) $ 0.00000044
  • ether-fiEther.fi (ETHFI) $ 1.33
  • kaitoKAITO (KAITO) $ 1.78
  • wormholeWormhole (W) $ 0.093265
  • popcatPopcat (POPCAT) $ 0.433994
  • roninRonin (RON) $ 0.643542
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,472.01
  • morphoMorpho (MORPHO) $ 1.56
  • chilizChiliz (CHZ) $ 0.042990
  • usdbUSDB (USDB) $ 1.01
  • hashnote-usycCircle USYC (USYC) $ 1.09
  • beam-2Beam (BEAM) $ 0.007717
  • saros-financeSaros (SAROS) $ 0.151150
  • aave-usdc-sonicAave USDC (Sonic) (ASONUSDC) $ 0.999803
  • plumePlume (PLUME) $ 0.170215
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 102,357.00
  • compound-governance-tokenCompound (COMP) $ 43.54
  • mog-coinMog Coin (MOG) $ 0.000001
  • mantle-bridged-usdt-mantleMantle Bridged USDT (Mantle) (USDT) $ 0.999949
  • syrupMaple Finance (SYRUP) $ 0.359318
  • akash-networkAkash Network (AKT) $ 1.51

Binance Flags Major Concern for Crypto Traders: Details

0 9

Binance Flags Major Concern for Crypto Traders: Details

Major crypto exchange Binance has issued a crucial warning to the crypto community regarding a surge in fake token scams. In a recent tweet, Binance alerted crypto traders and investors to a growing threat, in which fraudsters are creating fake crypto assets that closely mimic legitimate tokens.

“Fake token scams are on the rise. Fraudsters are creating fake crypto assets to mimic legit ones, then using them to steal funds or data. Stay sharp. Always DYOR,” Binance wrote.

In a blog post, Binance explained a fake token attack as a type of cryptocurrency scam in which malicious actors create counterfeit or fraudulent tokens that mimic legitimate cryptocurrencies.

These fake tokens are designed to deceive investors and traders into believing they are purchasing or trading a genuine asset, which might lead to financial losses or other negative consequences, such as identity theft.

Susbarium, a Shiba Inu-focused X account dedicated to protecting the crypto community and exposing scams, issued a similar warning on unofficial tokens. Susbarium stated that certain groups are attempting to exploit the Shiba Inu ecosystem by launching unofficial tokens while making false claims of affiliation with SHIB.

Safety tips

In its blog post, Binance provided a few tips for identifying a fake crypto token, such as verifying the contract address, using risk assessment tools and staying updated.

Every digital token has a contract address associated with it. As a safety precaution, crypto users are urged to always obtain contract addresses from official sources. They could also utilize risk assessment tools to detect scams.

Contract code analysis, swap analysis and liquidity analysis are the most fundamental ways of detecting token risks but might pose technical challenges because they demand a certain level of coding and blockchain-specific knowledge. Users unfamiliar with the technical components of digital assets might rely on consumer tools developed to assist in risk assessment.

Staying up-to-date on industry trends is also one strategy to reduce scam-related risks in the cryptocurrency space. Crypto traders could also check for red flags in token metrics like zero or exceptionally low prices, market capitalization and liquidity to spot fake tokens. A genuine token should have consistent and fair metrics proportional to the number of holders. The last is to beware of unofficial channels.

Source

Leave A Reply

Your email address will not be published.