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Coinbase Base network halts for 44 minutes due to ‘unsafe head delay’

“Unsafe head delay” has been blamed for the Coinbase Base downtime, according to its status page. Four components had a major outage today.

Arbitrum, Optimism, and Base are fighting over $52 billion DeFi pie

Ethereum layer 2s are battling for dominance of a market they believe could be worth hundreds of billions of dollars.

Coinbase-supported Instagram copycat Zora announced an airdrop with zero governance rights after its controversial pivot from NFTs.

Coinbase is adamant that Base didn’t launch a token or memecoin, while according to its creator, BASEISFOREVERYONE is a “content coin.”

After a brief rally on its surprise announcement, the newly minted BASEISFOREVERYONE memecoin crashed 88% within two minutes.