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According to Jinse Finance, monitored by Genius, a new type of Pi Xiu scam attack has appeared on BNB Chain, allowing attackers to bypass DexScreener checks. This malicious contract uses a non-standard spendAllowance function, which allows it to override allowance checks and steal users' tokens via the transferFrom function.

Foresight News reported that Erick Zhang, managing partner of Nomad Capital, tweeted, "If you have a product with real users and revenue, you should issue a token as soon as possible. Otherwise, by the time you issue your token, liquidity will have already been drained by junk coins. What is happening in the market right now is that speculative money is thriving while legitimate money is dying. Issuing tokens early is also beneficial for the health of the industry; otherwise, investors in the market can only be harmed by junk coins."