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Coinbase is Going to Launch cbADA, cbDOGE, cbLTC and cbXRP; Warns Against Scams

  • Coinbase is set to launch wrapped tokens named cbADA, cbDOGE, cbLTC, and cbXRP on its Base network.
  • The company warns users to watch out for scammers claiming that these tokens are already available.
  • Trust should only be placed in the officially shared Base contract addresses after the tokens are officially launched.
  • These new tokens are wrapped versions of popular cryptocurrencies like Cardano (ADA), Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP) and are not yet tradable.

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