Dingo crypto token flagged as scam over 99% transaction fee backdoor By Cointelegraph
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The research arm of cybersecurity software firm Check Point (NASDAQ:) has flagged the Dingo Token (DINGO) as a “potential scam” after reportedly discovering a smart contract function that has been used to manipulate transaction fees.
In a Feb. 3 blog post, Check Point Research (CPR) said it looked into the code behind the Dingo Smart Contract, discovering a backdoor function “setTaxFeePercent,” which can change the contract’s buy and sell fee up to 99%.
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The research arm of cybersecurity software firm Check Point (NASDAQ:) has flagged the Dingo Token (DINGO) as a “potential scam” after reportedly discovering a smart contract function that has been used to manipulate transaction fees.
In a Feb. 3 blog post, Check Point Research (CPR) said it looked into the code behind the Dingo Smart Contract, discovering a backdoor function “setTaxFeePercent,” which can change the contract’s buy and sell fee up to 99%.
Continue Reading on Coin Telegraph