Unbiased blockchain sleuth Wazz posted a public warning on July 28 that the “largest $Neiro token on Ethereum is a honeypot.”

Up entrance: our preliminary investigation stays inconclusive as of the time of this text’s publication. Nonetheless, the put up from Wazz does point out a number of seen pink flags with the mission. We’ve to this point been unable to search out contact data for the developer(s) behind the token.
Per Wazz, whose previous sleuthing accolades embrace being the first to spot the $870,000 hacking of billionaire Mark Cuban’s scorching wallets, a specific Neiro meme token with an Ethereum blockchain handle of “0x3ad4f189f08cdc60496eeBb3bd70B90dF28B7455” is a honeypot rip-off:
“It bypasses most automated scan assessments however proprietor is consistently calling AutomatedMarketMaker() with addresses, which modifies the switch() operate, doubtless blacklisting any new patrons. Most scans should not detecting this.”
Blockchain analytics web site Fast Intel shows that the Neiro coin cited by Wazz has a market capitalization of roughly $31 million as of the time of this text’s publication. The positioning additionally warns that the mission hasn’t been “renounced.”
In cryptocurrency parlance, this implies the proprietor nonetheless has management over sure features that might be used to govern the token or forestall customers from divesting/investing funds and property.

Different suspicious indicators present that the token has direct connectivity to wallets exterior its ecosystem and that its liquidity pool isn’t locked, that means funds may hypothetically be drained at a second’s discover.
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