An interesting scam appeared very recently since it may be a poor version of more advanced ones to come. Here is how it appeared and how it works. What is that A month ago they created with a rather weird description. As OP’s description, official comments barely make sense and some of the users interacting in the thread may be fake ones.

Oct 27, 2017 - In October 2017, ICO of the international blockchain acquiring project Cryptonex (CNX) was completed. The team has set up the main objective – to provide the opportunity to exchange any world currencies for crypto currencies and tokens to buy goods and services using mobile phone and payment cards. Qurrency; CNX; CNX to NZD; Cryptonex to New Zealand dollar; 1 Cryptonex (CNX) = 7.77 New Zealand dollar (NZD) How much is 1 Cryptonex in New Zealand dollar?

The Cryptonex team owns 5,000,000 CNX. In the amount of about 100,000,000 CNX the cryptocurrency will provide liquidity while acquiring. To get coins. I was checking my ETH address in etherscan.io and under the 'View Tokens' dropdown, there is a token listed as Cryptonex (CNX) with 1,000 tokens.

On their, the team also seems to be entirely fake. Note that the founder’s email is hello@cryp and that the only social profile available is a very likely to be fake a Facebook account. The weird description “Cryptonex is a global, decentralized cryptocurrency of new generation. It is created on its own blockchain platform. The main goal is to give the opportunity to exchange any world’s currencies for any cryptocurrencies and tokens, buy goods and services using mobile phones and payment cards. Instantly, with minimum commission.

Together we will help to develop the blockchain and make the world comfortable and technological.Cryptonex is being created by international team of Investment Financial Group, which main specialization is software development for financial markets. ECN broker with interbank market access, aggregator of providers’ liquidity for HFT trading, investment portfolio systems, PAMM accounts and much more have been developed by Investment Financial Group. How To Mine For Dash DASH For Free. The team considers 210,000,000 coins as optimal and maximum possible number of coins. 85,000,000 CNX will be the emission for free circulation via pre-sale, website and exchanges. 15,000,000 CNX will be used for Bounty Program. What Is Verge XVG Mining And How Does It Work. The Cryptonex team owns 5,000,000 CNX.

Cryptocurrency in the amount of about 100,000,000 CNX will provide liquidity while acquiring.” Their official video is hilarious, especially when they compare the price of the token to the price of a Dash or Ethereum coin. Their whitepaper makes obviously no sense and they have almost no presence on social medias. They have a Telegram though, but you can’t talk on it (which can make it seems like it is a legit announcement group). How it works It appears that they have created a smart contract which you can find here: They propose on their website that you buy their tokens by creating an account. When I did so, the confirmation email landed directly in my scam directory. In the email, I found a link I didn’t dare to follow.

They also propose wallets: Please do not download and/or install any Cryptonex wallet. It is most probably a very bad idea. Endless fun All of this seems amateurish but they actually have their own full featured! Another fun thing is that they recently sent packets of 1000 tokens to a lot of ETH addresses (like you can see on the Etherscan link above).

I actually wrote this article because one of our fellow readers alerted us in (you can click here, you’re safe ^^). He isn’t the only one to wonder about that suspicious airdrop, there is already about it. Surprisingly, this scam is also listed on well-known listings like, and even. So why releasing tokens randomly (or not: they maybe sent tokens to ETH addresses which already participated in ICOs) and being added to ICOs listings? I’m not sure, but maybe they wish to be listed on decentralized exchanges like Etherdelta, which actually may happen depending on how tight/loose are the rules to add a token on these exchanges.

Cryptonex is quite a blatant scam, but more advanced ones may be less easy to read, so be careful and feel free to join us to build a safer market! You can also read. Thanks to Manu Tora for alerting us about this.

NZD NZ$ CNX 0.12619636 0.25239273 0.37858909 0.50478546 0.63098182 0.75717819 0.88337455 1.01 1.14 1.26 2.52 3.79 5.05 6.31 7.57 8.83 10.10 11.36 12.62 25.24 37.86 50.48 63.10 75.72 88.34 100.96 113.58 126.20 252.39 378.59 504.79 630.98 757.18 8.57 11.96 25.89 50.82 75.75 1007.67 1269.27 3788.55 6307.82 88357 - Crypto currency value & exchange rates in Donate.