One in Six Meme Tokens on Base is Fraudulent, 91% Have Vulnerabilities, Study Finds
Since the Dencun update, which reduced fees in L2 solutions, Coinbase’s Base protocol has seen a sharp increase in users, transactions, and TVL. Meme coins dominate much of this activity, with one in six coins being a scam, according to a report by Cointelegraph Magazine. Researchers compiled “profiles” of 1,000 tokens launched between March 19 […]