Coinbase-backed Base returns after 2-hour consensus halt

Cathie Wood’s ARK Invest has expanded its positions in Coinbase, SpaceX, Circle, Bullish, and Robinhood by purchasing about $25.54 million worth of shares on Friday across several of its exchange-traded funds. According to ARK Invest’s latest daily trade disclosure, Coinbase…

Frequent outages on Base highlight the risks of centralized sequencers, potentially undermining trust in its network reliability and future upgrades. The post Base halts block production for second time in 24 hours before B20 Registry launch appeared first on Crypto Briefing.

Base stalled block production for a second time in less than 24 hours on Friday morning, describing the incident as showing 'similar symptoms' to Thursday's roughly two-hour outage, with the event arriving less than three hours before the B20 Activation Registry was anticipated to go live.

Cathie Wood’s ARK Invest scooped up shares of Coinbase, Circle, Bullish, and Robinhood on June 25 as all four crypto-linked stocks fell, according to the firm’s daily trade disclosures. The purchases clearly reflected Wood’s ongoing strategy of buying into weakness. Buying Into a Broad Crypto-Equity Selloff ARK added 35,023 shares of Robinhood (Nasdaq: HOOD), worth […]

Sophon is decommissioning its zkSync-based Layer 2 chain and pivoting to Soph+, a consumer product studio building exclusively on Base. The shutdown caps a chain that raised $60 million through node sales but attracted fewer than 200 daily users and generated roughly $30 in daily fees.

Coinbase-incubated Layer 2 Base stalled block production for about two hours Thursday after an invalid block triggered a consensus fault, before the network recovered. The outage renewed scrutiny of single-sequencer risk on major rollups.

Ark Invest reportedly bought more Coinbase, Circle, Bullish and Robinhood shares during a pullback in regulated crypto-linked equities.

Coinbase's addition of CAP token could enhance DeFi adoption by broadening access and liquidity, potentially driving innovation in real-world asset integration. The post Coinbase adds Cap token for trading on its platform appeared first on Crypto Briefing.