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Updated: Nov 12, 2025
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justfusion
March 20, 2025, 9:10
justfusion
July 30, 2024, 22:51
📥 How not to get on honeypot?
Friends, imagine: a new coin, the chart is flying upwards, promises of golden mountains...
You are ready to invest, but stop! You might be facing a cunning honeypot — a trap designed to fool gullible investors.
📃 How does this scheme work?
• Tempting Bait. Scammers clone popular coins or create one-day projects with unrealistic promises of profits. They have a perpetually rising chart with no drawdowns.
• Smart contract with a secret. The code contains a mechanism that allows fraudsters to block the sale of tokens after purchase. The money gets trapped!
• Disappearance. Once scammers accumulate enough funds, they disappear, leaving investors with nothing.
📚 Signs of honeypot:
• Closed source smart contract.
• Anonymous development team.
• Social media with fake followers and aggressive marketing.
• Promises of super big returns too good to be true.
📑 How not to get caught?
• Check the project and its creators thoroughly, you can do it here.
• Check the source code of the smart contract (if it is open source).
• Don't trust quick and easy money.
Remember: in the world of cryptocurrencies it is important to keep a cool head and carefully check the information. Safety first.
❕ Have you ever lost money on a honeypot?
🔥 - NO
🧐 - YES
#education
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justfusion
July 30, 2024, 18:02
KuCoin launched GemSlot token earning platform🟢
Cryptocurrency exchange KuCoin has introduced GemSlot platform, which pays customers rewards in tokens of new projects for completing tasks. This is reported in a press release.
⚙️At the time of publication, GemSlot is distributing tokens of the cat in a dogs world (MEW) project. Users receive tickets for MEW deposits to the exchange, spot trading and inviting friends. They can later be exchanged for a portion of the prize pool tokens in the amount of 2 million MEW.
“GemSlot is a place where users can discover new gems by earning project tokens for completing simple tasks,” reads the press release.
On July 31, GemSlot will start distributing 260,000 COTI - tokens of L2 solution for Ethereum, focused on user privacy.
📍Earlier, KuCoin launched the initial exchange offering of the Liquidswap project.
#news
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