Global #Base network

Uncover the Base ID for Everyone token controversy backed by Coinbase. From a $17M market cap to a 95% crash, explore the chaos, accusations of manipulation, and lessons for the crypto industry on Cryptonite.ae

Coinbase is set to introduce a new wrapped Bitcoin token named cbBTC, launching on its Base blockchain. The announcement, made via a tweet, highlights Coinbase’s ambition to create a substantial Bitcoin economic system within the Base network.

The number of contract deployers on the Base network just reached an all-time high. On his Wu Blockchain page, Chinese crypto reporter Colin Wu posted an X post that included details about Base's 21,700 contract deployers that were marked on April 20 at a cost of $164.618K.