Decentralized exchange LeetSwap, built on Coinbase’s Layer 2 blockchain Base, recently suspended trading due to fears of a potential exploit. Furthermore, Coinbase and Base are also dealing with the aftermath of the SEC’s lawsuit.
LeetSwap Halts Trading Amid Security Concerns
Trouble is brewing in the Coinbase ecosystem as multiple challenges loom ahead. On the one hand, is the BALD coin crash, which has prompted leading DEX on the Base blockchain, LeetSwap, to halt trading. The DEX tweeted that they detected a security vulnerability in their factory, leading them to suspect compromised pool liquidity. As a result, trading was temporarily stopped for further investigation.
PeckShield, a crypto-security firm, reported that approximately 340 ETH (equivalent to $630,000) had been exploited from liquidity pairs on Base, highlighting the severity of the situation.
Bald Memecoin’s Crash
Shortly before the trading pause, Bald, a popular memecoin, experienced a significant crash in val
We współpracy z: https://cryptodaily.co.uk/2023/08/leetswap-and-bald-rug-plague-coinbase-ecosystem