Beijing Internet Finance Association warns of risks of illegal fundraising such as "stablecoins"
2025/07/09 16:13
PANews reported on July 9 that the Beijing Internet Finance Industry Association issued a risk warning, warning against illegal institutions and individuals using digital currency concepts such as "stablecoins" to illegally raise funds. Related activities induce public investment through false promises of high returns and fund pool operations, and there are problems such as lack of qualifications, concept packaging, and risk spillover. Once the capital chain is broken, investors may face huge losses.
The association calls on consumers to recognize the essence of things, stay away from unapproved digital asset investment projects, choose formal financial institutions, and establish rational investment concepts.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
GoPlus: Recently, EIP-7702 has triggered multiple contract attacks. It is recommended that the project party strengthen measures such as flash loan attack protection
PANews reported on July 9 that according to security agency GoPlus, many recent contract attack cases have used EIP-7702 features to bypass on-chain security check mechanisms, including msg.sender == tx.origin
Share
PANews2025/07/09 15:56
Vladilena deposited 2 million USDC into HyperLiquid and opened a 10x leveraged SOL long position
PANews reported on July 8 that according to Onchain Lens, a wallet under the name of @0xVladilena deposited $2 million USDC into the HyperLiquid platform and opened a SOL long
Share
PANews2025/07/08 18:45
Claynosaurz: Key Takeaways from the AMA Session
On June 23, 2025, the Incrypted team held an AMA session with the creators of Claynosaurz — an NFT collection of 3D-animated dinosaurs that’s being developed into a full-fledged animated series. If successful, the project could become the first Web3-native franchise to target a broad, family-oriented audience. During the session, the Claynosaurz team outlined the […] Сообщение Claynosaurz: Key Takeaways from the AMA Session появились сначала на INCRYPTED .
Share
Incrypted2025/07/09 20:22