- Coinbase (NASDAQ:COIN) launches Ethereum Layer 2 network, Base, for global decentralized finance.
- Base witnesses over $160M total value bridged, 31M NFTs minted, and 133K holders.
- Onchain Summer festival celebrates Base’s mainnet launch with art, music, gaming.
Coinbase, the largest cryptocurrency exchange in the United States, has announced the official launch of its highly anticipated Ethereum Layer 2 (L2) network, Base mainnet. In a Twitter post, Coinbase CEO Brian Armstrong announces, “Today is an important day for accelerating a global, decentralized financial system and increasing economic freedom in the world.”
Base is open and Onchain Summer is here