Crypto Market Faces Backlash and Scam Warnings in BNB Chain and Bitcoin Ecosystems
Crypto Market Faces Backlash and Scam Warnings in BNB Chain and Bitcoin Ecosystems
Recent reports highlight two distinct but concerning incidents in the crypto market. Traders are vocalizing blame towards influential figures for the perceived end of the BNB Chain's memecoin season, indicating a shift in market dynamics. Concurrently, the Bitcoin network has been targeted by a large-scale dusting scheme, orchestrated by a firm sending repossession warnings to thousands of dormant addresses, underscoring ongoing security vulnerabilities.
Traders Blame CZ for Ending BNB Memecoin Season
Traders who actively followed every post and signal from CZ to engage in the BNB Chain memecoin market are now blaming him for the season's conclusion. His decision to step back from an influential role is seen by many as a direct cause for the downturn in memecoin enthusiasm on the BNB Chain.
‘Salomon Brothers’ Returns with a $279B Bitcoin Dusting Scheme
A self-proclaimed investment firm named 'Salomon Brothers' has allegedly targeted 39,000 dormant Bitcoin addresses with repossession warnings earlier this year. This operation is being identified as a significant $279 billion dusting scheme, raising concerns about security and malicious activities within the Bitcoin ecosystem.