What's Hot

    NEO became the best cryptocurrency of the past week

    29.05.2023

    In the Russian Federation will develop the rules of work for crypto-exchanges

    29.05.2023

    Bitcoin news and forecast for today May 29, 2023

    29.05.2023
    Facebook Twitter Instagram
    Monday, May 29
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Security»OpenSea clients were airdropped, but experts hint at a scam
    c4c4006deda971054974aa42c86212e439cb4790
    Security

    OpenSea clients were airdropped, but experts hint at a scam

    AdministratorBy Administrator27.12.2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    Free SOS tokens have been handed out to fans of non-fungible tokens (NFT), but analysts warn of a potential scam

    The decentralized organization OpenDAO has airdropped SOS tokens to all users who have contacted the OpenSea NFT marketplace. Soon, the token was added to the listing of the KuCoin and OKEx cryptocurrency exchanges. The price of the token has skyrocketed almost 5 times, and at the time of writing is $ 0.00000646, according to CoinGecko.

    OpenSea clients were airdropped but experts hint at a scam

    Source: coingecko.com

    However, blockchain analysts are sounding the alarm about a possible scam of the project. The marketplace itself has already stated that they have nothing to do with the OpenDAO project. Despite the fact that there seems to be nothing dangerous in the request for a token, analysts have warned about the nuances of a smart contract. For example, users found that about 50% of the token supply is controlled by just three third-party ETH addresses.

    Moreover, developers can withdraw those 50% of the tokens, bringing down the price and liquidity of the token. In addition, developers can also generate an arbitrary amount of SOS, although the operation will remain completely invisible.

    At the same time, 20% of the volume falls on OpenDAO. According to the official website, the funds will go towards offsetting potential hacks, supporting the emerging artists / NFT community, and further NFT developments. Data from the Etherscan web service showed that more than 205,000 wallets have already requested the token. SOS capitalization reached $ 571 million.

    We will remind, earlier in OpenSea hinted at the initial offering of securities. However, the crypto community did not assess such plans of the company. They criticized the marketplace for wanting to indulge investors, not users, due to which they were able to achieve high results in OpenSea. Later, the company denied plans for an IPO.

    Disclaimer

    All information contained on our website is published in good faith and objectivity, and for informational purposes only. The reader is solely responsible for any actions he takes based on the information received on our website.




    #OpenSea #clients #airdropped #experts #hint #scam

    airdropped Clients experts hint OpenSea scam
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Scammers used Floki listing on Tokocrypto for new scam

    29.05.2023

    SeaSwap is another scam

    28.05.2023

    The hacker decided to take back control of Tornado Cash

    28.05.2023

    Hackers withdrew $7.5 million from the Jimbo’s Protocol project

    28.05.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • NEO became the best cryptocurrency of the past week
    • In the Russian Federation will develop the rules of work for crypto-exchanges
    • Bitcoin news and forecast for today May 29, 2023
    • Scammers used Floki listing on Tokocrypto for new scam
    • Decrease in Ether supply contributed to its rebound above $1,800
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • May 2023
    • April 2023
    • March 2023
    • February 2023
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.