BNB Chain's Red Alarm List Flags 191 High-Risk Projects and DApps

Binance's BNB Chain has updated its weekly red alarm list to include 191 high-risk decentralized applications (DApps) hosted on its blockchain. The list identifies projects that have been deemed risky investments based on smart contract assessment, including suspected fake tokens and high or opaque tax fees. Binance has also launched a portal that allows users to scan BNB Chain projects for risks. The alert is aimed at assisting users in conducting research before making investment decisions and does not represent the risk level of the underlying DApp projects.