Magnet Finance rug pulls $6.4m on Base L2

magnet-finance-rug-pulls-$6.4m-on-base-l2

Coinbase’s Base L2 network faces a new setback as Magnate Finance orchestrates a $6.5 million exit scam using price oracle manipulation. On Aug. 25, ZachXBT, an on-chain analyst and crypto expert, sent out a community alert through X (previously known…

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