Etherium News

Ethereum (ETH) Network Still Overloaded, Token Scam Detected

 Ethereum (ETH) Network Still Overloaded, Token Scam Detected
Ethereum (ETH) Network Still Overloaded, Token Scam Detected

The (ETH) network continues to log in a heavy transaction load, with the Tether (USDT) smart contract still burning up most of the gas. But another smart contract raised doubts. This time, it is the More Gold Token, an airdrop that periodically took over the network in the past two months.

The More Gold Coin, or MGC, is an unknown and unlisted digital asset that is tied to a crypto investment project. The project’s promises are raising red flags with the potential for high returns in a short timespan.

The team of EthGasStation analyzed the project and came up with the conclusion the tokens are a potential scam.

“We’re not in a …

This article appeared first on Cryptovest

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

View original post

Show More


Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button