Coinbase-backed Base returns after 2-hour consensus halt
Base returned online after a two-hour outage caused by a consensus issue, with Coinbase’s layer-2 network promising a full post-mortem.
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Cathie Wood’s Ark Invest has increased its positions in Coinbase, Circle, Bullish, and Robinhood after all four stocks posted losses in Thursday’s trading session. Ark Invest’s latest daily trading disclosure showed the firm bought 9,014 Coinbase shares across its ARK…
Read full articleBase returned online after a two-hour outage caused by a consensus issue, with Coinbase’s layer-2 network promising a full post-mortem.
Coinbase's blockchain Base says a consensus problem knocked its network offline for around two hours on Thursday before it returned online.
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Two-hour Base outage spotlights L2 single-sequencer risk. Block #47,806,542 stalled production and delayed transfers across apps sitting on $4.04B Base TVL.
Coinbase’s Base mainnet went down for nearly two hours Thursday after a faulty block froze the chain’s sequencer and halted all new block production. What Happened The incident began at 16:03 UTC on June 25, 2026, when Base engineers detected unhealthy block production on the network’s mainnet. By 16:52 UTC, the team had identified the […]
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Coinbase CEO Brian Armstrong says the exchange remains open to more acquisitions after closing its $2.9 billion Deribit deal.
Ethereum layer-2 network Base was down for more than two hours as it ran into an issue with block production ahead of a planned upgrade.