Over 500 Fraudulent Meme Coins Launched on Coinbase’s Base Network, Generating Millions
According to Solidus Labs, a New York-based company specializing in monitoring suspicious cryptocurrency transactions, more than 500 fraudulent meme coins were launched on Coinbase's Base network between mid-July and August. The fraudulent tokens generated about $3.7 million in trading v ...
Blockchain Security Company Exposes New Meme-Token Scams and Blacklists Fraudulent Tokens
Analysts continue the hunt for a ragpuffin gang And hot on the heels of publishing the names of the scam tokens It's important to know to avoid falling into the trap PeckShield, a blockchain security company, has figured out several new scams related ...
Crypto Analyst Warns Against Emotional Investing in Meme Tokens
Popular cryptoanalyst warned Twitter audiences against overly emotional investing in meme tokens, which could eventually devalue. Benjamin Cowen believes there are too many illiquid and simply fraudulent meme tokens on the market: "The people who create these meme- ...