Base Network Suffers 1st Downtime Since Debut, Halts Operations for 29 Minutes
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Base, Coinbase’s (COIN) Ethereum layer-2 scaling product, ground to a halt for the first time since its 2023 debut, disabling critical functions including block production, deposits, withdrawals and flashblock operations for 29 minutes before service resumed. The incident occurred at 06:15 UTC as a result of an “unsafe head delay," according to Base’s incident status page. That is a technical fault disrupting the network's ability to confirm and produce blocks. The team responded at 6:43 UTC tha...
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