Base's 'Onchain Summer' saw over 700K NFTs minted from 268K users in August
The "Onchain Summer" promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August.
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Base suffers first major outage since launch
Block production on Base abruptly halted for 43 minutes as developers rushed to implement a fix.
USD Coin officially expands to Base and Optimism networks
Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time.
Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth
Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.
Base, Optimism unveil shared governance and revenue-sharing framework
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows.
SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported
The SwirlLend scam is the second in as many days, and losses on the platform have already mounted into the millions, one week after it opened to users.
Coinbase layer-2 network Base hits 136,000 daily active users
Around 30% of Base's users on Aug. 10 were new to the blockchain which launched only a day prior.
Base launches mainnet bridge UI for end-users, sets Aug. 9 for official launch
Coinbase's Base network began onboarding end-users through a bridge UI, and the team announced Aug. 9 as the platform's official launch date.
Coinbase's Base launches mainnet for builders, will onboard users in August
Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August.
Twitter rival Mastodon active user base increases by 100+k
A day after Twitter implemented new restrictions on the number of posts users can view, the rival platform Mastodon reported a major increase in traffic numbers.