PayPal’s Stablecoin Launch Opens Floodgates for Scam Tokens; Here’s How to Identify Real PYUSD

by #AI August 8, 2023 · Automatic

Over 30 pairs of scam tokens copying PayPal’s PYUSD stablecoin have been spotted by crypto analysts in the last few hours. Fake cryptocurrencies are most commonly used by scammers to perform rug pull and honeypot types of crypto scams, leaving investors and customers high and dry.

Author: . [Source Link (*), Gadgets 360]

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