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Crypto Classic Token Review

Crypto Classic

Date Started
2021-11-03
Active
Yes
Honeypot?
Possible
Smart Contract Code Structure
Obscure
Ownership Renounced?
No
Whales Spotted?
Yes
Over-all Ratings
Bad
Conclusion
High Risk of getting RUG-PULLED




Crypto Classic Token Review + Smart Contract Audit Summary



Crypto Classic started 2021-11-03 and it's currently active, based on the in-depth smart contract audit from different sources and upon checking it's website and other instances like the developers behind this project we can obviously tell based on it's over-all ratings which is Bad and has a HUGE RISK of getting RUG-PULLED.

The basis of our audit came from different areas like how professionally done was their website, their roadmap if it is being followed diligently, social media pages, mission and vision as well as their whitepaper that you can find on their website cryptoclassic.org, also we use verified and well established auditing tools like honeypot.is wherein this NFT was found out that it is a POSSIBLE honeypot trap wherein the smart contract dictates that you can buy but you cannot sell it in the future, although at some point there are others sneaky developers that enable the "selling" feature but after some time they disable it once lots of investors already dive-in.

We have a way of detecting that kind of trick and for this token Crypto Classic we can absolutely tell that it has a high possibility of being a honeypot trap, our basis lies on their Smart Contract Code Structure which is OBSCURE and contains malicious codes in nature, only scammers with unreadable and obscure codes have had the bad intentions to do something fishy in the long run, another thing to take note is if the ownership of the token is either renounced or not, for this token, the answer is No.

Another basis we are considering if a token is risky of getting rug pulled is if there are whales spotted on the holders, whales refers to those individuals or entities that hold large shares or percentage of the token Crypto Classic wherein they have the potential to manipulate price actions and volatility of the token Crypto Classic, so for this token the answer is Yes it has whales.

Therefore we conlude that this token has a High Risk of getting RUG-PULLED in the future, this is not a financial advise, it's always up to you to invest or not on this token, we are here only to give our insights based on the evidences and calculations we made on the smart contract of Crypto Classic. So Goodluck and have a safe and happy investing!

Checked using Professional Smart Contract Auditing Tools



Bscheck.eu: 0x8A6cFd647Abdafb80CFcF941bF96011a67f35E9a


Honeypot.is: 0x8A6cFd647Abdafb80CFcF941bF96011a67f35E9a




Crypto Classic Smart Contract Audit Details



Description:

Crypto Classic is a protocol that unifies leading BSC protocols and blockchain infrastructure by standardising communication between them in order to create and execute complex financial transactions, while championing Confidentiality, Anonymity and Liberty.

 

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Audit Details

 

Audited project: Crypto Classic

Deployer address: 0x1e1226d0a8d1e511b8dcbafceed978b02d21e0c1

Client contacts:Crypto Classic team

Blockchain: Binance Smart Chain

Project website: Not provided by Crypto Classic team

 

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Сontracts Details

 

Token contract details for 30.09.2021

Contract name: Crypto Classic

Contract address: 0x8A6cFd647Abdafb80CFcF941bF96011a67f35E9a

Total supply: 100,000,000

Token ticker: CRC

Decimals: 18

Token holders: 102

Transactions count: 111

Top 100 holders dominance: 100.00%

Tax fee: 1

Burn fee: 0

Contract deployer address: 0x1e1226d0a8d1e511b8dcbafceed978b02d21e0c1

Contract’s current owner address: 0x133d9e0df59f97778dcda952d74aa46ba17a3b6c

 

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Crypto Classic Token Distribution

 

Crypto Classic Token Distribution

 

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Issues Checking Status

 

Issues Checking Status

 

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Security Issues

 

 High Severity Issues

1. Wrong allowance calculations

Issue:

• In transferFrom(address _from,…) function allowance decreases with taxes included recalculated value, but should be decreased by initial function argument value.

Recommendation:

Decrease allowance before taking from transfer amount or keep transfer value in another variable to decrease allowance with proper transfer amount.

 

 Medium Severity Issues

 No medium severity issues found.

 

 Low Severity Issues

 No low severity issues found.

 

Owner privileges (In the period when the owner is not renounced)

• Owner can change the tax and burn fee and fee address.

• Owner can blacklist addresses.

• Owner can mint any amount of tokens.

• Owner can pause/unpause contract.

 

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Conclusion

 

Smart contracts contain high severity issues! Liquidity pair contract’s security is not checked due to out of scope.

Liquidity locking details NOT provided by the team.

 

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Source: https://github.com/TechRate/Smart-Contract-Audits/blob/main/October/Crypto%20Classic%20Full%20Smart%20Contract%20Security%20Audit.pdf

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Feragatnameyi okuyun : Burada sunulan tüm içerikler web sitemiz, köprülü siteler, ilgili uygulamalar, forumlar, bloglar, sosyal medya hesapları ve diğer platformlar (“Site”), sadece üçüncü taraf kaynaklardan temin edilen genel bilgileriniz içindir. İçeriğimizle ilgili olarak, doğruluk ve güncellenmişlik dahil ancak bunlarla sınırlı olmamak üzere, hiçbir şekilde hiçbir garanti vermemekteyiz. Sağladığımız içeriğin hiçbir kısmı, herhangi bir amaç için özel bir güvene yönelik mali tavsiye, hukuki danışmanlık veya başka herhangi bir tavsiye formunu oluşturmaz. İçeriğimize herhangi bir kullanım veya güven, yalnızca kendi risk ve takdir yetkinizdedir. İçeriğinizi incelemeden önce kendi araştırmanızı yürütmeli, incelemeli, analiz etmeli ve doğrulamalısınız. Ticaret büyük kayıplara yol açabilecek yüksek riskli bir faaliyettir, bu nedenle herhangi bir karar vermeden önce mali danışmanınıza danışın. Sitemizde hiçbir içerik bir teklif veya teklif anlamına gelmez