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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 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”…. Read More: Most Crypto Scams are Happening on This Blockchain – Here’s What You Need to Know

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