Coinbase-backed Base under scrutiny as ContentCoin loses millions in market value

Ethereum layer-2 network Base is at the center of a controversy after it appeared to have promoted a pump-and-dump memecoin. The Coinbase-backed project posted a promotional image with the tagline “Base is for everyone” on X and shared the link to a token by the same name on Zora. Its action led to massive interest […] source: https://www.cryptopolitan.com/coinbase-backed-base-scrutiny-content-coin/