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Token scams are flourishing on Base, the brand new blockchain launched by crypto change
Between mid-July and Base’s public debut in August, builders deployed greater than 500 rip-off tokens — similar to BASEPEPE (BPEPE) and Child Yoda (YODA) — on the blockchain, in accordance with Solidus Labs, a New York-based firm that focuses on monitoring suspicious crypto transactions. About 300 of the tokens let their creators mint an infinite variety of cash, a function Base customers weren’t conscious of, …
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