Bitcoin

Coinbase Stock

<p><strong>After the recent controversy surrounding the fraudulent BALD Token launch on the BASE network, Coinbase has now revealed an update regarding its layer2 solution.</strong></p><p>Investors faced significant losses when the issuer of BALD Token, reportedly associated with Coinbase, pulled out liquidity, exposing the token as a scam. In response, Coinbase is taking steps to address the issue and <a href="https://cryptosheadlines.com/ripple-ceo-provides-update-on-sec-case-conclusion-date-and-xrps-fate/" rel="noopener noreferrer nofollow">provide further updates</a> on its layer2 technology.</p><h3 id=""></h3><p><a href="https://cryptosheadlines.com/gemini-a-cryptocurrency-exchange-is-set-to-introduce-a-derivatives-platform-in-international-markets-outside-of-the-united-states/" rel="noopener noreferrer nofollow">Cryptocurrency exchange Coinbase has introduced</a> a bridge for the Layer 2 BASE network, allowing seamless connection between Ethereum and the BASE network. The launch of this bridge also marks the official announcement of the BASE network. According to Coinbase protocol lead Jesse Pollak, the Base bridge is now live, and the main network will be accessible to all users until August 9th.</p><h3 id="coinbase-bridge-enables-token-transfer-between-base-network-and-ethereum">Coinbase Bridge Enables Token Transfer between Base Network and Ethereum</h3><p>Coinbase has released an official bridge that <a href="https://cryptosheadlines.com/paypal-improves-crypto-offerings-for-60-million-venmo-users-allowing-transfers-to-external-wallets-and-exchanges/" rel="noopener noreferrer nofollow">allows users to transfer</a> tokens between the Base network and Ethereum. The Base network is a layer2 solution designed to offer lower <a href="https://cryptosheadlines.com/how-to-check-an-ethereum-transaction/" rel="noopener noreferrer nofollow">transaction fees than Ethereum</a>, particularly targeting the DeFi sector. <a href="https://cryptosheadlines.com/coinbase-announces-base-network-launch-date/" rel="noopener noreferrer nofollow">Read More...</a></p><p><strong>Join Cryptos Headlines <a href="https://linktr.ee/cryptosheadlines.com" rel="noopener noreferrer nofollow">Community</a></strong></p>

Coinbase Announces BASE Network Launch Date

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