Coinbase

Unrelated BASE Token Surged Amid Coinbase Layer 2 Network Launch
Base Protocol’s BASE tokens jumped, then dumped, in the past 24 hours following an announcement by crypto exchange Coinbase about the launch of its layer 2 blockchain Base. As of Friday, Coinbase has explicitly stated it has no plans to launch a token for its new blockchain. "The Hash" panel discusses what's behind the BASE rally.

Bitcoin Slips Below $24K Amid New Inflation Data; Coinbase’s New Layer 2 Blockchain Has Rocky Rollout
Bitcoin (BTC) failed to recapture the $24,000 support level following the release of the personal consumption expenditure (PCE) index, also referred to as the Fed's favorite inflation gauge. Plus, crypto exchange Coinbase’s new layer 2 blockchain Base had a rough start on Thursday, drawing a stream of complaints from users on social media.

Chamber of Digital Commerce CEO Reacts to Coinbase Insider Trading Case
The Chamber of Digital Commerce Founder and CEO Perianne Boring joins "First Mover" to discuss why the crypto lobbying group is urging a federal court to dismiss a case against an ex-Coinbase staffer, arguing it unfairly labels several cryptocurrencies as securities. A blog post from the group reads in part that the litigation between the SEC vs. Wahi "is an unprecedented, stealth attempt to expand the agency’s jurisdictional reach." Boring told CDTV's First Mover, "we see this action as seriously concerning and would have significant ramifications for the digital asset industry."

First Mover Americas: Coinbase's New Layer 2 Network Off to Shaky Start
The latest price moves in crypto markets in context for Feb. 24, 2023.

Tokens of Optimism Ecosystem Surge as Coinbase Unveils Its Layer 2 Base
Coinbase said Thursday that it is using Optimism's technology to launch an Ethereum layer 2 scaling product called Base.

Unrelated BASE Token Jumped 250% After Coinbase Starts Layer 2 Network Base
As of Friday, Coinbase has explicitly stated it has no plans to launch a token for its new blockchain.

Coinbase's New Layer 2 Blockchain, Base, Has Rocky Rollout
The much-anticipated protocol struggled to process user transactions, then became the target of some Twitter shade for changing some terms of a contribution pledge on the fly.

Coinbase Joins the Ethereum Layer 2 Rat Race – Can It Grow?
The U.S. exchange, which has long looked for ways to diversify its revenue, will compete in and contribute to the crowded rollup sector.

Coinbase Rolls Out Layer 2 Blockchain Base to Provide Onramp for Ethereum, Solana
Crypto exchange Coinbase (COIN) launched Base, a layer 2 network built using Optimism's OP Stack, providing easy and secure access to Ethereum, Optimism, Solana, and other blockchain ecosystems. "The Hash" panel discusses the launch in the latest move bringing a new wave of mainstream crypto adoption.


