The token targets a U.S. senator who has frequently criticized the cryptocurrency industry. Meme coin traders are flocking to a derogatory cryptocurrency that attacks Elizabeth Warren, the Massachusetts senator and prominent crypto critic. Meanwhile, cryptocurrency exchange Coinbase is running awkwardly in the other direction.
The trading giant on Wednesday nixed a webpage that for a short while promoted "how to buy Elizabeth Whoren in United States." Links to the auto-generated webpage instead reverted to a more generic hub for buying crypto in general.
"These pages are automatically generated based on tokens that have been created by third parties," a Coinbase spokesperson said in a statement. "They are informational only, do not endorse any asset, and do not indicate that the assets are available for trading on Coinbase."
That token will be a pump-dump and suddenly everything is gone, senator will not lose her position, but you will lose his money.You are right, it has become such a widespread phenomenon that every important event or beloved or hated character is created a symbol and sold for thousands of dollars, then dies and disappears.
That token will be a pump-dump and suddenly everything is gone, senator will not lose her position, but you will lose his money.
And calling the page generation an automatic act and blaming SEO technique that has led the creation of that page is kinda new to me, well, if they would have shared more information how SEO has led the creation of this page then that would be of more help but they just made an excuse tocover there aces.
Actually i believe that page is automatically generated. After all, they also have similar page for other joke coin/token such as BAN (https://www.coinbase.com/how-to-buy/banano), KEK (http://hhttps://www.coinbase.com/how-to-buy/kek-token) and MUSK (https://www.coinbase.com/how-to-buy/elon-musk). But it's time for them to remove those automatically generated page.Hmm, you have got a good point, because if they won't then they will be declared biased as well. And I was thinking about that auto-generated page, I guess it is possible to make pages there via SEO and some other ways. For example, that site might have APIs to make pages for hyped or more talked memecoins on the internet.
Actually i believe that page is automatically generated. After all, they also have similar page for other joke coin/token such as BAN (https://www.coinbase.com/how-to-buy/banano), KEK (http://hhttps://www.coinbase.com/how-to-buy/kek-token) and MUSK (https://www.coinbase.com/how-to-buy/elon-musk). But it's time for them to remove those automatically generated page.Hmm, you have got a good point, because if they won't then they will be declared biased as well. And I was thinking about that auto-generated page, I guess it is possible to make pages there via SEO and some other ways. For example, that site might have APIs to make pages for hyped or more talked memecoins on the internet.
And via SEO and shilling hackers/scammers could actually make one memecoin look famous and the API of the website would have picked it and made a new page for it as well. I suggest coinbase should put a auditor on it in order to stop mis-use of it.
Cryptocurrencies are supposed to be used to make payments without the need for a third party. The idea that there are thousands of accounts for personal purposes, for central platforms, for political purposes, as is happening now, or for any other reason, is against the idea of cryptocurrencies from the beginning. If you buy that currency, you are not objecting to Elizabeth Warren, but you are Idiot, you made developers rich by stealing your money without any effort.I love the term IDIOT there mate because indeed this is how it shows to try joining the direct attack to a senator in which for all we know that His criticism makes crypto more popular in the US and will also value in the whole world.
That token will be a pump-dump and suddenly everything is gone, senator will not lose her position, but you will lose his money.