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More Than 500 Scam Tokens Detected on Coinbase’s Base Blockchain

August 16, 2023
More than 500 scam tokens have reportedly been deployed by developers on Base, the new blockchain launched by crypto exchange Coinbase. These efforts have resulted in scammers pocketing around $2 million, Bloomberg reported Wednesday (Aug. 16), citing figures from New York-based crypto market integrity platform Solidus Labs. Coinbase did not immediately reply to PYMNTS’ request for comment. A company spokesperson told […]