- #CertiK #Skynet has issued a warning about a significant #liquidity removal from a fake Tarality Token on the Binance Smart Chain (BSC).

- The deployer of the #fake #token removed around $67,000 from the liquidity pool.

- Investors are advised to exercise caution and conduct thorough research to identify and avoid fake tokens and fraudulent projects.

- It's important to verify token contract addresses and stay alert to security alerts to safeguard investments in the cryptocurrency space.

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- #CertiK #Skynet has released an alert concerning a significant removal of liquidity from a fraudulent zkSync token on the Binance Smart Chain (BSC).

- The suspicious token, identified by the address 0x95dD3BD912c4c7Bac01f9E8829Dc7aB360BbfFb4, saw approximately $106.4K worth of BSC USD extracted from its liquidity pool by the individual who deployed it.

- This #token is considered a potential #honeypot scam. Investors and traders are strongly advised to exercise caution and maintain vigilance against such deceptive activities within the #cryptocurrency market.

- It is crucial to thoroughly research and conduct due diligence before engaging with any new tokens or projects to prevent falling victim to scams.

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💥💥💥 $NEO partners with #Phoenix to explore AI and blockchain synergies

Neo's Partnership with Phoenix: A Snapshot

Partnership Overview

Neo has partnered with Phoenix, a decentralized AI infrastructure provider, to accelerate blockchain technology and drive mass adoption on Neo X through AI integration.

Phoenix Ecosystem

- #Skynet : An elastic computing layer offering scalable workflow tools, quick deployment features, and AI compute capabilities.

- Phoenix LLM: A customizable large language model platform for generating and processing human-like text.

Target Verticals

Phoenix targets markets and trading, research, gaming, financial services, IoT and edge computing, and cloud computing. It partners with binance, Tencent Cloud, Alibaba Cloud, and Alchemy Pay.

Collaboration Use Cases

- AI Computing Services: SkyNet will provide AI computing services to the Neo ecosystem.

- AI Content Generation: Phoenix will create content for NFTs, GameFi, and metaverse applications.

- AI Trading Signals: Phoenix’s AlphaNet will deliver AI trading signals for decentralized exchanges on Neo, with Flamingo Finance exploring AI enhancements.

Phoenix's History with Neo

- 2017: Originated as Red Pulse, the first public token sale on Neo, focusing on China’s capital markets.

- 2019: Evolved into Phoenix, integrating machine learning and NLP to connect investors with market insights, supporting both Neo and Binance Smart Chain.

- 2021: Decommissioned Neo Legacy support ahead of Neo N3 launch, migrating users to #BinanceSmartChain .

Future Prospects

The Neo-Phoenix partnership aims to integrate AI with blockchain, fostering innovation and broader adoption within the Neo ecosystem.

Source - neonewstoday.com

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