Binance has just announced a change to intervene in the recent fraud in alpha points that has kept alpha points high.
Key points of the change:
Constraints on valid transaction criteria: Only transactions that purchase Alpha tokens using Alpha tokens or tokens from Binance's Spot market will be counted in the ranking. This eliminates transactions using unsupported or manipulated tokens (such as wash trading).
Addressing unfair behavior: Binance is reviewing competition data and will adjust the rankings of users who violate the new criteria, to ensure fairness.
Commitment to transparency: The announcement emphasizes the goal of building a fairer trading environment, based on feedback from the community, showing real-time policy adjustments.
