Coinbase (COIN) Faces Questions After Base Outage Halts Its Blockchain Network

Coinbase Global's Base layer-2 blockchain experienced a significant outage, causing a consensus halt and interrupting transactions. The disruption exposed concerns around Base's reliance on a single sequencer and broader questions about network centralization and resilience. Coinbase implemented an upgrade and restored the network, aiming to address technical vulnerabilities and maintain onchain service reliability. For investors tracking NasdaqGS:COIN, the Base outage arrives against a...

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