Base’s Cobalt upgrade adds optional token seizure for B20 issuers

  • Base added token seizure to its Cobalt upgrade for B20 issuers.
  • Seizure is disabled by default and requires issuer configuration plus an authorized role.
  • The feature moves tokens, while blocked-account burns destroy them.

Base’s Cobalt upgrade gives B20 issuers an optional mechanism to seize a holder’s tokens without preventing ordinary transfers. Seizure is disabled by default and requires issuer configuration as well as an authorized role. Unlike the existing blocked-account burn, which destroys tokens, the seizure function moves them. Further details are available at https://t.co/pWOccYSeW0.

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