Core Viewpoint - The article highlights the increasing prevalence of cryptocurrency scams in China, with regulatory bodies emphasizing the need for stricter measures against illegal activities related to virtual currencies [1][5]. Regulatory Response - A meeting was held by the People's Bank of China along with multiple government agencies to address the rise in cryptocurrency speculation and related criminal activities, indicating a new challenge in risk prevention [1]. - The meeting reiterated that virtual currencies do not hold the same legal status as fiat currencies and should not be circulated as money, categorizing related business activities as illegal financial operations [1]. Statistics on Scams - In the first ten months of 2024, over 8,300 cryptocurrency-related fraud cases were reported in China, involving more than 20 billion yuan, marking an increase of over 40% compared to the same period in 2023 [5]. Case Studies of Scams - The article details a case involving a KOL named Crypto Beast, who allegedly manipulated the market by promoting a token called ALT, leading to significant financial losses for investors [6][7]. - Another case describes an individual who was lured into investing in a fraudulent token called MOS, which turned out to be a Ponzi scheme disguised as a decentralized finance product [9][10]. - A narrative of an elderly woman falling victim to multiple scams illustrates how deceptive marketing tactics are used to exploit vulnerable populations, particularly in lower-tier markets [11][13]. Common Scam Tactics - Scammers often use enticing phrases like "next hundredfold coin" and create a sense of urgency to attract investors, while fabricating success stories and endorsements to build credibility [6][17]. - The article notes that scams frequently involve false claims of risk-free investments, promises of high returns, and the creation of fake projects with fabricated white papers and celebrity endorsements [17]. Conclusion - The article concludes that despite the evolution of scams, their core strategies remain unchanged, exploiting human psychology and the desire for quick wealth, ultimately leading to significant financial losses for victims [17][18].

Project Overview - AltLayer ($ALT) is being analyzed to determine its long-term viability in the crypto industry [1] - The analysis aims to assess whether the current hype surrounding AltLayer is sustainable [1] Industry Focus - The analysis is conducted by BSC News (@BSCNews) [1] - The analysis focuses on AltLayer's blockchain infrastructure [1]

Promotion & Rewards - Binance Square Creatorpad offers a share of 5,167,105 ALT tokens as a reward [1] Task - Users can complete tasks on Binance Square Creatorpad to unlock the ALT token reward [1]

Token Unlocks Overview - Over the next 7 days, the total unlock value of various tokens exceeds $620 million [1] Single Large Unlocks (>$5 million each) - Single large unlocks include SUI, JUP, OP, KMNO, HUMA, VENOM, SOPH, ZETA, ALT, SAHARA, and REZ [1] Linear Large Unlocks (>$1 million per day) - Linear large unlocks include SOL, WLD, TIA, DOGE, TAO, AVAX, SUI, DOT, IP, MORPHO, ETHFI, JTO, and ENS [1]

Token Deal & Valuation - ALT5 Sigma ($ALT) 持有价值 15 亿美元的 WLFI 代币交易[1] - WLFI 以场外交易方式，以每个代币 0.20 美元的价格购买了价值 15 亿美元的代币（占总供应量的 7.5%）[1] - 这意味着 WLFI 的完全稀释估值 (FDV) 为 200 亿美元[1] - 市场交易价格在 0.35 美元至 0.90 美元之间，暗示 FDV 在 350 亿美元至 900 亿美元之间[1] Market Perception - 市场可能认为 ALT5 Sigma ($ALT) 被严重低估[1]