Crypto
Thursday, 6/25, 07:36 PM
Coinbase's Base Network Halts for Two Hours, Then Recovers
- Base, the Ethereum layer-2 network run by Coinbase, stopped producing new blocks for roughly two hours on June 25 after an invalid block stalled its sequencer, freezing transactions before engineers restored service.
- No funds were lost — but the outage renewed questions about the single points of failure built into most layer-2 networks.