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Base’s state update system went down and nobody noticed


Base’s state update system went down and nobody noticed

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A bug in Coinbase's Base froze a critical part of the Layer-2 network, raising questions about the resilience and security of Ethereum's growing Layer-2 ecosystem. Despite blocks continuing to be produced and users still able to send transactions and interact with dApps, the incident highlights systemic risks for crypto adoption, DeFi activity, DEX/CEX integrations and future token launches and fundraising.

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A bug inside Coinbase’s Base froze a critical part of the network’s infrastructure. It has raised fresh questions around the resilience of Ethereum’s growing Layer-2 ecosystem. However, the issue did not stop users from sending transactions or interacting with applications on Base.  Blocks reportedly continued to be produced and the network appeared to function normally....
Read the article at CryptoPolitan

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In This News

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