well what do you know, the $clanker listing was front ran — that listing team or slack group or whatever has easily tripled their salary over the last 6 months lol

I remember working at CB and how seriously they took listing info and dates being confidential and that acting upon that information was a fireable offense, not to mention possible prosecution. What in the world happened? How has nearly every major base token listing on CB been frontrun so badly?

BDFL of Quilibrium, Eng @ Farcaster, ex-Coinbase, always opinionated, never hydrated

/quilibrium

Exposure to the harsh realities of the present crypto space, employees need to get all the market has taken from them.

𝓜𝓲𝓵𝓪𝓭𝔂—𝒻𝓇𝒾𝑒𝓃𝒹𝓁𝓎 𝓃𝑒𝒾𝑔𝒽𝒷𝑜𝓇𝒽𝑜𝑜𝒹 𝓃𝑜𝑜𝒷—𝑒𝓉𝒽 𝓃𝑒𝓌𝓫𝓲𝓮🪆

I remain under the belief that this is not endemic, but they definitely need to do a complete investigation. Let's be clear about the state of affairs: Base is a centralized L2 and they operate the core infrastructure. They make no affordances to ensure privacy, and their culture of deep metrics collection ensures they have all the analytics in the world they would need to get to the root of this. The front runs aren't happening with forced inclusions at the L1, they have the data.

If the bad actor with access to privileged information has someone they can trust on the outside to do all of this stuff its going to be very difficult to track, even with tons of metrics.