Base | Crypto

Base’s push into creator coins is facing mounting criticism from traders and builders after Nick Shirley’s token on Zora spiked to about a $9 million valuation and then promptly slumped. Coinbase and its Ethereum layer-2 Base are drawing pushback from traders and builders who argue that its creator token experiment failed to turn a viral social media moment into sustained onchain activity. The backlash came after YouTuber Nick Shirley launched a token on creator platform Zora. Shirley’s token briefly rode his online fame to about a $9 million fully diluted value before sliding to $3 million. Most of the volume came from existing traders rather than new users. In a widely shared critique, trader and content creator notthreadguy argued that if Shirley couldn’t make the model work, nobody could.  Read more

Builders on Base are pushing back against the network’s close alignment with Zora, arguing the creator-coin narrative sidelines established projects.

Base launched a bridge to Solana on Dec. 4, and within hours, Solana’s most vocal builders accused Jesse Pollak of running a vampire attack disguised as interoperability. The bridge uses Chainlink CCIP and Coinbase infrastructure to let users move assets between Base and Solana, with early integrations in Zora, Aerodrome, Virtuals, Flaunch, and Relay. These […] The post Is Base’s Solana bridge a ‘vampire attack’ on SOL liquidity or multichain pragmatism? appeared first on CryptoSlate.

Aerodrome Finance confirmed a DNS hijacking attack compromised its primary domains, forcing the Base DEX to redirect users to decentralized ENS mirrors while investigating phishing attempts that targeted multiple assets through malicious approval requests. The post Base’s Top DEX Aerodrome Hit by a Suspected Frontend Security Breach appeared first on Cryptonews.

Two traders captured more than $1.3 million in profits by exploiting Base’s new “flashblocks” system during the debut of the network founder’s creator coin.

For decades, wholesale dollar settlement has meant waiting for Fedwire to open, and JPMorgan just stopped waiting. The bank converted its permissioned “JPM Coin” system into JPMD, a deposit token backed by insured balances at JPMorgan, and placed it on Coinbase’s Ethereum layer-2 (L2) Base. Pilot transactions with B2C2, Coinbase, and Mastercard are already live. […] The post JPMorgan just put JPM Coin bank deposits on Base – and beat the Fed to 24/7 settlement appeared first on CryptoSlate.

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

Y Combinator announced plans to fund Web3 startups through a new “Fintech 3.0” initiative created in collaboration with Base and Coinbase Ventures on Sept. 23. The accelerator targets companies building financial systems on blockchain infrastructure, citing regulatory clarity and infrastructure maturity as key factors enabling this sector’s growth. The announcement, released simultaneously by Y Combinator […] The post Y Combinator launches funding initiative targeting on-chain startups with Base partnership appeared first on CryptoSlate.

Vitalik Buterin backs Coinbase's Base L2, saying it's "doing things right" despite critics who worry about centralization risks.

Base is designed to house Coinbase’s on-chain products and provide an open ecosystem for dapps, onboarding “billions of users.”

Base has confirmed it has begun to explore a network Token, saying there are no definitive plans or timeline. TVL has reached roughly $5B, a Solana bridge has launched on testnet, and builder programs and the Base app waitlist have grown as the project has pursued broader decentralization. The post Base Now “Exploring” a Network Token – Is a Massive Airdrop Imminent? appeared first on Cryptonews.

Base officially announced exploration of a native network token during its Base Camp event on Sept. 15, marking a potential milestone for Coinbase’s Ethereum layer-2 network as it targets global adoption. Base founder Jesse Pollak delivered the announcement during his presentation at the event, outlining the network’s vision to scale from tens of millions to […] The post Base officially explores native token launch to boost decentralization and global growth appeared first on CryptoSlate.

At BaseCamp 2025, Coinbase’s Layer 2 network said it is weighing a token launch to boost decentralization, while unveiling a Solana bridge to expand cross-chain interoperability. Coinbase’s layer-2 network Base may soon launch a native token, creator Jesse Pollak said at the BaseCamp event. According to Base, the new token could support decentralization and expand opportunities for builders and creators. “We’re in the early phases of our exploration, and don’t have any specifics to share around timing, design, or governance,” the network said Monday. Base is a layer-2 blockchain built on Ethereum and incubated by Coinbase. It processes transactions offchain before settling them on Ethereum. Read more

Base’s 70% NFT trading volume surge to $47 million in the last 30 days puts it above competitors like Immutable and Solana. Coinbase layer-2 network Base took the third spot in non-fungible token (NFT) trading volume after a 70% surge in the last 30 days.  Decentralized application data aggregator DappRadar showed that Base’s NFT volume reached $47.67 million, increasing by 70% over the past month. The increase pushed the network ahead of many competitors in the NFT space, including Immutable zkEVM and Solana, which are ranked fourth and fifth by 30-day volume.  Collections like Get Based, DX Terminal and Based Style collectively recorded about $25 million in NFT trading volume, driving the surge in digital collectible trading activity on the network.  Read more

Bitget Wallet has integrated Aerodrome, the key liquidity hub on Base, into its app. The move has given users seamless access to Base-native assets like cbETH and cbBTC, in-app token swaps, liquidity pools, GetGas support for transactions, and a dedicated discovery zone showcasing Base DApps and tools. The post Bitget Wallet Integrates Aerodrome DEX on Base – Unlocking cbETH and cbBTC Liquidity appeared first on Cryptonews.

A viral run on Zora pushed Base ahead of Pump.fun and LetsBonk, but Solana still leads in users, transactions and overall activity. Base is testing Solana’s dominance in token launches, with a recent burst of SocialFi activity pushing the Ethereum layer-2 network to the top of the industry’s leaderboard. In recent years, Solana has been the go-to chain for new tokens. Its low fees and high throughput are drawing traders away from Ethereum. It’s become a hub for memecoins, with launchpads like Pump.fun spawning tens of thousands of tokens daily. The surge on Coinbase’s Base is coming from a different kind of token economy, built on social media posts, viral moments and a new wave of creator tools. Coinbase recently introduced the Base App by rebranding its wallet, sparking a surge in SocialFi activity on applications like Zora. Read more

Base blamed a 33-minute outage on Aug. 5 on an unprepared sequencer and said it has fixed the issue to ensure any chosen sequencer will be ready to process transactions. Coinbase’s Ethereum layer-2 blockchain Base stopped producing blocks for 33 minutes on Tuesday after switching to a backup sequencer that wasn’t set up properly to process transactions. The incident began at 6:07 am UTC when the active sequencer started falling behind on block production, prompting Conductor — Base’s system for managing sequencer availability and reliability — to switch sequencers. However, it switched to an “unhealthy mainnet sequencer” that was still being set up and thus wasn’t able to produce blocks, Base Build’s X account said in a post on Tuesday. Read more

The number of tradable crypto tokens has gone parabolic since 2022, with CoinMarketCap now tracking roughly 18.9 million digital assets, compared to a little over 20,000 in 2022. In January of that year, roughly 20,000 assets were listed across major trackers. By mid-2025, that universe swelled to an estimated 18.9 million, an astonishing 945x increase […] The post Crypto tokens explode from 20k in 2022 to 18.9M following launchpad frenzy on Solana, Base, BSC appeared first on CryptoSlate.