CertiK Identifies Arbix Finance As Mat, Warns Users To Stay Away By Cointelegraph

Binance Smart Chain-based yield farming protocol, Arbix Finance, has been identified by blockchain security firm CertiK as a mat.

According to the company incident To analyse, the project was flagged for several reasons. The security company states that “the ARBX contract mint () with the onlyOwner function, 10 million ARBX tokens were issued to 8 addresses” and 4.5 million ARBXs were issued to a single address. Following this, CertiK confirmed that “the tokens struck by 4.5 million were then emptied”.

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