Binance’s Red Alarm list on DappBay has flagged 70+ crypto projects as scams – with manipulated smart contracts.
The new service launched by Binance exchange states:
‘The following projects have been assessed to be untrustworthy and carry extremely high levels of risks.’
Binance Red Alarm List
In total 77 projects are listed, including meme coins, DeFi tokens, move to earn cryptos, fan tokens and other types of low market cap altcoins – all fake.
Under each is displayed a message such as that above, or a longer description such as this for Baby7 Dao token:
The full list of crypto scam projects identified by Binance is as follows. Some scam tokens even named themselves similarly to Binance, but are not affiliated with the exchange or its native token BNB:
- 1Cent
- Agera Finance
- Alrihla Crypto
- ArtemisX
- BNB Miner
- BNB Yield
- BNBGlow
- BNBGrow
- BNBMiner
- BNBSeed
- BNBStake
- BTCBullDog
- BTCClub
- Baby Luna
- Baby7Dao
- BabyDogeGas
- Baked Beans
- Balance Network
- BearnFi
- Beep Staking
- BinanceCoin
- BinanceWeb 3
- BinanceYield
- CaishenCoin
- Carswap
- Cheems Cat
- Crypto Worms
- CryptosTribe
- Cyborg Stables
- DRIP
- Day of rights
- DiamondLock
- Doomer
- ELRON
- EraDex Labs
- FORSAGE Official
- Farmer Shiba
- Fite App
- Forest Tiger
- French Football
- Futbolista
- GlamorCoin
- Grinch Bucks
- HoneyFarm
- Koala’s World
- Lez Coin
- Londex
- Lucky Cat
- Lucky Squid Game
- MY FARM PET
- MetaMax Online
- MilkyWay
- Neoteric Finance
- Neuron Chain
- Panda Pets
- PunkPanda
- SEXN
- Safe Zone
- Smart Chain Defi
- SmurfsINU
- Solana Farm
- SolwapFinance
- Sonic.exe
- SuperStep
- TateToken
- Tegridy
- The BNB Crops Farmer
- The BUSD Crops Farmer
- TikTak Token
- WEB DAO
- WEB3.0
- Walkee
- Walky World
- Waterfall Finance
- ZILLION AAKAR XO
Read more details on each of the above scams at dappbay.bnbchain.org/red-alarm.
‘Rug pulls’ or similar scams where investors buy into a seemingly popular and legitimate asset they see pumping on a DEX then can’t sell are common.
We recently covered 3DCoin (3DC) and Bitsubishi (BITSU) which were trending on CoinMarketcap with four figure percentage gains, but buyers were unable to execute sell orders.
We also covered the warnings surrounding the RoboApe presale and will cover Big Eyes (BIG) soon which has also failed to provide a contract address or audit.
Investors are often attracted to new crypto projects on presale, at ICO or recently launched – as they have more upside potential. However the risk of being scammed is also higher.
We’ve reviewed several verified and audited projects here at Business2Community and more can be found on reputable online comparison sites such as cryptopresales.com.
Related
Tamadoge (TAMA) – Next Big Meme Coin
- Beta Sale Ends Sept 2022 – tamadoge.io
- Deflationary, Low Supply – 2 Billion
- Move to Earn, Metaverse Integration on Roadmap
- NFT Doge Pets – Potential for Mass Adoption
- Play to Earn Utility – Rewards Token
Join our Telegram channel to stay up to date on breaking news coverage
Be the first to comment