The issue was caused by a short online outage of the project’s main site, among other causes.
In a time of market downturns, rumors of crypto bans, decentralized financing, or DeFi scams, blockchain enthusiasts might be too sensitive to the tiniest problems within the projects they follow, and sometimes mistakenly fear the worst.
The day before, CertiK, a renowned cybersecurity ranking platform in the blockchain field, published a Twitter warning about CryptoCars, claiming it was a “rug pull.” However, the post was soon taken by the team since it was a false alarm.
CertiK originally stated that the website and Telegram for CrytoCars were down, according to a series of Twitter images received by Cointelegraph. Users soon pointed out that the CryptoCars website and Telegram applications were still operational, prompting CertiK to remove the community notice.
According to CryptoCars’ creators, the project’s Telegram conversation would be temporarily disabled “until the conclusion of the Lunar New Year from January 27th to February 7th.” The CryptoCars development team is situated in Vietnam, where the Lunar New Year is celebrated.
Despite the incident, CertiK has contributed...
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