Peckshield Reveals Over 50 Potentially Dubious Projects on Binance Smart Chain

As exciting and innovative as the DeFi space is, bad actors creating worthless tokens have continued to wreak havoc and impede adoption.

Binance Smart Chain, Crypto Scams

1/15/2022 11:18:00 PM

As exciting and innovative as the DeFi space is, bad actors creating worthless tokens have continued to wreak havoc and impede adoption.

As exciting and innovative as the DeFi space is, bad actors creating worthless tokens have continued to wreak havoc and impede adoption.

Rug Pulls in 2021, What’s Next?The monumental year of 2021 witnessed rug pulls become one of the most utilized scams of choice. According to areportby the blockchain firm, Chainalysis, these rug pulls accounted for 37% of all scam revenue last year compared to only 1% in 2020.

There are two major reasons why rug pulls became so common. One was the initial hype surrounding the DeFi space and the subsequent FOMO. Next up – the technical skills required to develop tokens and get them listed on exchanges, many of which were done without a proper analysis of the smart contract’s code by a third party.

Read more: CryptoPotato Official »

Opinion | This Is What a Post-Roe Abortion Looks Like

Self-managed abortion is not a substitute for having full reproductive rights. But it’s one of the best tools we have right now. Read more >>

Worthless tokens? No way! 😆

$50 million raised to fuel DeFi Alliance's evolution into a decentralized autonomous organizationMore than 300 investors have linked up to fuel crypto accelerator DeFi Alliance's shift to a decentralized autonomous organization. DeFi Alliance announces Alliance DAO and $50 million from leading investors “Creativity is thinking up new things. Innovation is doing new things.” Theodore Levitt. See our collection: Discord Chat live with a specialist nfts nft nftart nftartist nftcollector cryptoart digitalart nftcommunity art

NFTs, Metaverse and DeFi Have Pushed Crypto Markets to All Time High | HackerNoonParis Blockchain Week Forum, which will host a major blockchain event in 2022. The article talks about NFTs, Metaverse and DeFi.

Off the Charts: DeFi Rebound'We will have to see whether the sector can return to the unbridled enthusiasm of a year ago, or whether the zeitgeist has been lost to NFTs,' says mikejcasey. Opinion for the 'Money Reimagined' newsletter. mikejcasey I’m so excited now I can at least pay my bills and take good care of my family. Thanks you mr Alex for you have brought happiness to me and my family thanks once again Alexmeurer_1 mikejcasey 🐶 $DOGECO 🐶 💎 The next main token of all Doge tokens 💎 👾 Play 2 Earn 👾 ✅ FINEXBOX EXCHANGE ✅ ⏳ COINGECKO ⏳ ⏳ COIN MARKET CAP ⏳ ✅ Contract: 0x7b1ebc0c4bc34964a0673cbeef4e1de868e8a8b6 ✅ mikejcasey DeFi and NFTs are 2 different needs altogether, though overlap applications may be created. Looking forward to the newsletter.

Poor Acting VCs are a Threat to Credible DeFi Projects: Unhashed #22 | HackerNoon

DeFi and NFT Scaled to New Heights in 2021: CoinGecko ReportWhile decentralized finance underwent a tremendous expansion in just 12 months, NFT attracted investor interest like never before.

How to Calculate Your DeFi, NFT, and Airdrop Taxes for 2022How to calculate your taxes? You. Just. Dont.