Cointime

Download App
iOS & Android

Surveillance Firm Reports Over 500 Scam Crypto Assets Deployed on Coinbase's Ethereum Layer-2 Prior to Launch

According to crypto surveillance firm Solidus Labs, black hat developers have placed more than 500 malicious tokens on Coinbase's newly launched Ethereum layer-2 chain. These scam tokens generated approximately $3.7 million worth of trading volume on Base's decentralized exchanges, with the perpetrators earning $2 million in profits from the scheme.

Comments

All Comments

Recommended for you