The “Onchain Summer” promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August. The Base network’s “Onchain Summer” promotion in August resulted in over 700,000 nonfungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team. Coinbase launched Base, its Ethereum…
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Block production on Base abruptly halted for 43 minutes as developers rushed to implement a fix. Coinbase’s Ethereum layer-2 network Base has suffered its first major outage since its public launch on Aug. 9. For approximately 45 minutes on Sept. 5, no new blocks were produced on the Base chain. Its developers first identified the…
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In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well. It’s been an eventful week since Coinbase launched its new layer-2 network Base to the public, bringing with it a frenzy of activity from everyday crypto users, major brands, and more…
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