Join Nostr
2026-05-11 09:14:32 UTC

Blockchain Report on Nostr: Japanese stablecoin project JPYC has issued a warning to users, urging them to ...

Japanese stablecoin project JPYC has issued a warning to users, urging them to exercise caution regarding counterfeit JPYC tokens. The project noted that when searching for "JPYC" in wallets or decentralized exchanges (DEXs), users may encounter fraudulent tokens with similar names, logos, or symbols. JPYC emphasized the importance of always verifying the official contract address provided by the project, rather than relying solely on the token's name or icon. Furthermore, JPYC advises users to refrain from performing any transfer, swap, authorization, or signing operations with unknown tokens.

#crypto #blockchain #news