Is your crypto investment at risk? The Binance chain platform Red Alarm has added 50 new projects to its red flags list, signaling potential scams or rug pulls. Protect yourself and learn how to identify risky on-chain projects with the BNC red alert system.

According to Odaily, BNB Chain has updated its DappBay high-risk DApp Red Alarm project list. These recent additions highlight the importance of due diligence in the DeFi space.

What is the Red Alarm and how does it work? The Red Alarm of the DappBay is a contract risk scanning tool launched on the BNB chain to assess the risk of screened projects based on existing features that have historically been present in questionable projects. It's a crucial tool for safeguarding your investments.

Binance chain platform Red Alarm has added 50 new projects as potential scams or rug pulls. Stay informed and avoid potential losses by understanding how the system works to identify risky on-chain projects.

Protect your digital assets. Explore the updated Red Alarm list and learn how to use this vital tool to make informed investment decisions within the BNB Chain ecosystem. Don't become a victim – stay vigilant!