First Korean Won-Pegged Stablecoin Launched on Base Network
IQ and Frax have launched the "stablecoin" KRWQ, pegged to the South Korean won. This asset marks the first such token in the L2 solution Base.Base-related news and updates.
First Korean Won-Pegged Stablecoin Launched on Base Network
IQ and Frax have launched the "stablecoin" KRWQ, pegged to the South Korean won. This asset marks the first such token in the L2 solution Base.
402bridge loses over 17,000 USDC
On October 27, an unknown hacker attacked the 402bridge cross-chain bridge and stole tokens worth 17,693 USDC.
402bridge protocol loses more than 17,000 USDC
On October 27, an unknown hacker attacked the 402bridge cross-chain bridge and stole 17,693 USDC.
JPMorgan Predicts Base Token’s Market Cap Could Reach $34 Billion
The combined market value of the token for Coinbase-supported L2 network Base could range from $12 billion to $34 billion following its launch, according to a report by The Block citing JPMorgan.
Base Developers Seek Proposals for Future Token
Jesse Pollak of Base announced the collection of proposals for a future token design. He also noted that the BASE token launch will occur after 2025.
Base Creator Envisions Future of Crypto Economy in Local Stablecoins
Stablecoins tied to local currencies remain rare, yet they have the potential to revolutionize the crypto economy. This was stated by Jesse Pollak, the developer of Base, during Token2049 in Singapore, as reported by The Block.
Vitalik Buterin Praises Base’s Achievements in L2 Solutions
Ethereum co-founder Vitalik Buterin praised the approach of Base's developers to decentralization amidst discussions about sequencer shortcomings and comparisons with CEX.
Coinbase Poised to Benefit Most from Ethereum’s Surge, Says Bernstein
American cryptocurrency exchange Coinbase stands to gain the most from Ethereum’s rally and the onset of altcoin season, according to analysts from research firm Bernstein, as reported by The Block. At the time of writing, Ethereum is trading at $4288. On August 11, the coin’s price reached $4300, marking a multi-year high. Hourly chart of […]
ZORA Token Surges 118% in a Week
The price of the Zora (ZORA) token, based on the L2 solution Base, has surged nearly 50% in a day. Over the week, the asset has appreciated by 118%, with its market capitalization reaching $450 million. Daily chart of ZORA/USDT on Binance. Source: TradingView. The rise coincided with the listing of perpetual contracts for ZORA […]
Base Celebrates Second Anniversary Since Launch
On August 9, 2023, the Base mainnet became publicly accessible. The protocol team congratulated the L2 network on its second “birthday.” Happy birthday, Base. Two years in. Still day one. pic.twitter.com/THk8zUilhd — Base (@base) August 9, 2025 Currently, Base ranks second among Ethereum rollups, trailing only Arbitrum One. Source: L2BEAT. According to the on-chain observer, […]
Base Team to Revamp Infrastructure Following Network Outage
On August 5, block production in the Base L2 network came to a halt. The outage lasted 33 minutes. The project team published a report detailing the incident. The cause was an error in the automatic Conductor system, which ensures network stability. Due to high activity, the primary sequencer began to lag. The system attempted […]
Base Network Experiences Temporary Disruption
On August 5, the Coinbase-developed Layer 2 network, Base, ceased producing new blocks for approximately 20 minutes. This was noted by Chinese journalist Colin Wu. Aaccording to BaseScan data, there has been an anomaly in the Base network, and the latest block height remains at 33792704; it has been 19 minutes since the last new […]We use cookies to improve the quality of our service.
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