Coinbase-Incubated Base Faces Major Outage, Assures ‘No Funds Are At Risk’

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Coinbase Global Inc (NASDAQ:COIN)-backed Ethereum (CRYPTO: ETH) Layer-2 network, Base, experienced a significant outage on Tuesday, taking an hour to fully rectify. The team insists that no funds were threatened. According to a report by Decrypt, the disruption lasted 30 minutes, followed by another 30 minutes until full restoration of the system. The issue, coined as a “Base chain stall,” was promptly identified and fixed. Gold, Silver Or Bitcoin: What Is The Best Hedge Against Inflation? Ask industry experts directly at Benzinga’s Future of Digital Assets event happening in NYC on Nov. 14, 2…

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