base

Base experienced abnormal mainnet block production for the second time in two days. According to the official status page, this failure occurred at 15:33 UTC, and the team subsequently confirmed the issue and resumed block production at 16:11. Base stated that node operators need to restart the Base mainnet nodes to complete synchronization again. This incident exhibited symptoms similar to the failure from the previous day. On Thursday, Base had a disruption due to an anomalous block that caused the sequencer to be unable to continue building new blocks, resulting in a network halt of about two hours. Although user funds were not affected, withdrawal services were temporarily interrupted. The official statement indicated that this failure also manifested as a chain halt, sharing similar characteristics with the previous day's incident. The network has now resumed operation.

According to Arkham monitoring, in the past 2 hours, Grayscale has deposited a total of 8,697 ETH into Coinbase Prime, worth approximately 13.77 million USD.

Coinbase officially stated that it is cooperating with the Brooklyn District Attorney's Office in New York, assisting in the investigation of a long-term impersonation fraud case targeting platform users and supporting victims in recovering funds.According to the Brooklyn District Attorney's Office, a Brooklyn man has been charged with long-term impersonation of Coinbase customer service, using social engineering techniques to mislead users into believing their accounts were compromised and requesting them to transfer funds to a "secure wallet," subsequently transferring and stealing the funds. The case involves approximately 100 victims, with the amount in question nearing $16 million, and over $600,000 has been recovered so far.Coinbase stated that such scams do not stem from platform security vulnerabilities but are social engineering attacks that exploit user trust and urgency, with common tactics including identity forgery, impersonating customer service, and creating account risk panic. The company claims to have cooperated with law enforcement to complete various investigative tasks, including identifying suspects, assisting victims in notifications, providing legal request data support, and on-chain fund tracking, emphasizing that blockchain traceability helps law enforcement track the flow of funds.Coinbase also reminds users that the platform will never ask users to transfer funds to a "secure wallet," nor will it request 2FA verification codes, recovery phrases, or password reset links, and advises users to contact customer service only through official in-app channels. The company will continue to strengthen anti-fraud mechanisms, user education, and cooperation with law enforcement to address the increasingly complex cryptocurrency asset fraud.

According to Onchain Lens monitoring, the BlackRock ETF address deposited 2,700 BTC (worth approximately $161 million) and 41,996 ETH (worth approximately $65.16 million) into Coinbase.

Base Senior Developer Advocate Jon Roethke tweeted that the B20 token standard is expected to activate on the Base mainnet on June 27 at 2:00. After the activation of the Base Beryl upgrade, the activation registry may take up to about 1 hour to be fully enabled.B20 is a new native token standard introduced with the Base Beryl upgrade, compatible with ERC-20, suitable for scenarios such as stablecoins, RWA, and equity-like assets.

According to BBX data, yesterday institutional funds showed a divergence in their perception of the bottom for Bitcoin, with the core dynamics as follows:BlackRock, Inc. (NYSE: $BLK) yesterday, related entities under the company deposited 2,700 BTC (approximately $169 million) and 52,956 ETH (approximately $88.17 million) into Coinbase Prime institutional custody accounts, totaling about $257 million; reports also indicated "possible additional deposits." This deposit occurred against the backdrop of BTC approaching the key technical support level of $59,000, leading to divergent market interpretations: the optimistic interpretation believes that BlackRock is actively accumulating at the extremely low fear index of 18, signaling institutional-level bottom investment; the cautious interpretation suggests this could be passive rebalancing due to IBIT redemptions or internal asset rebalancing, and does not necessarily represent new buying. Regardless of the intent, the scale of $257 million accounts for about 0.5% of IBIT's current approximately $48 billion to $50 billion AUM, which is relatively small, but as a signal of institutional behavior in an extremely fearful market environment, it holds significant emotional reference value.Hyperscale Data Inc (NYSE: $GPUS) recently disclosed its balance sheet showing that the company holds a total of approximately $94.8 million in cash, restricted cash, Bitcoin, and silver, equivalent to 100.42% of the company's total market value of common stock—meaning the physical assets held by the company fully cover the current total market value. The company holds a 10-year, $1.2 billion AI computing power master service agreement (MSA), providing 20 megawatts of AI computing capacity for its Michigan facility, allowing for the continuous accumulation of Bitcoin and precious metals through cash flow from this contract without incurring debt. This business model—locking in cash flow with AI computing contracts and continuously accumulating hard assets with zero leverage—has been referred to by analysts as "the de-leveraged digital asset reserve model against the Strategy," providing a stark contrast in the current market context where Strategy leverage models are under pressure.

According to monitoring by Lookonchain, during the market downturn, whales are still accumulating HYPE. One hour ago, a newly created wallet (0x66FE...1389b0) withdrew 222,493 HYPE from Coinbase Prime, worth 14.41 million USD. Two hours ago, a whale (0x6437...5CF565) received 44,986 HYPE from FalconX, worth 2.87 million USD.

The Block posted on the X platform that Cathie Wood's Ark Invest purchased more shares of Coinbase, Circle, Bullish, and Robinhood during the stock market decline on Thursday.

According to official news, Base disclosed at 00:27 Beijing time that the mainnet experienced an interruption due to block production issues. The team confirmed that the problem originated from an anomalous block interfering with the construction of subsequent blocks, and all funds are safe. At 1:53, the team announced that the new block ordering had been restored, and internal nodes were synchronizing normally. Teams running validation nodes need to restart Base nodes to restore synchronization. At 3:22, the team announced that block production had returned to normal, and various applications and infrastructure were gradually coming back online as nodes were restarted. The team has identified the root cause of this interruption and will prioritize releasing a complete post-incident analysis report.In addition, The Block reported that this interruption occurred on the same day that Base planned to conduct the Beryl upgrade at 02:00 Beijing time, but it is claimed to be unrelated to the scheduled maintenance.

The Binance contract will automatically settle the IPUSDT and IPUSDC U-based perpetual contracts on June 28, 2026, at 17:00, and the aforementioned perpetual contract trading pairs will be removed after the settlement ends. Starting from June 28, 2026, at 16:30, users will not be able to submit new non-reduction orders. Users are advised to close their positions manually before trading stops to avoid automatic settlement of positions.

According to the official announcement, Coinbase will list Cap (CAP). The recharge function for CAP will not be available until the issuer of CAP opens the transfer function.

According to the official announcement, Bitget has launched the U-based EVAA perpetual contract, supporting up to 50 times leverage, and the contract trading bot will be opened simultaneously.

Uniswap announced on Wednesday the addition of a no-code token auction tool in its web application, allowing any team to configure and launch on-chain token sales directly through the browser without writing code. This tool operates based on Uniswap's Continuous Clearing Auction (CCA) mechanism, where bids accumulate over multiple blocks and settle at a uniform clearing price each time.Bidders set a total budget and a maximum price per token, with everyone paying the same final clearing price. Since the auction spans a time distribution rather than being completed in a single block, it eliminates the speed advantage of bots and last-minute sniping. After the auction ends, liquidity is directly injected into the Uniswap pool, achieving an integrated process for price discovery and trading pair guidance.Previously, Aztec raised $59 million through CCA from 17,000 bidders across 191 countries, with the clearing price exceeding the reserve price by 60%; Cap Labs' auction attracted 1,002 independent bids, with a 5.5 times oversubscription, and a clearing FDV of $106 million.

Baton Corporation, the UK-based development company behind Pump.fun, is hiring a Chief Legal Officer (CLO) with a base salary range of $1 million to $5 million, co-founder Alon Cohen announced on X on Wednesday. This salary level is among the top in the crypto industry, with the $5 million cap comparable to the compensation of executives at large American investment banks.According to the job listing, the CLO will be responsible for U.S. digital asset regulatory affairs (covering SEC, CFTC, FinCEN, and OFAC), product and commercial legal matters, corporate governance across Baton’s UK parent company and overseas subsidiaries, as well as cross-border compliance covering the UK FCA, EU MiCA, and the Asia-Pacific region, while overseeing AML/KYC projects and litigation management.The job listing reveals that Pump.fun has a daily trading volume exceeding $300 million and generated over $500 million in profit last year with a team of fewer than 100 people. This recruitment aims to add a legal infrastructure layer to the previously streamlined team operations of the platform.

According to the official announcement, Luxembourg has officially become the registered location of Coinbase under the European Union's Markets in Crypto-Assets Regulation (MiCA) framework (MiCA Home). In the future, Coinbase will use Luxembourg as its EU business center to provide compliant crypto asset services to users in EU member states.

According to Onchain Lens, BlackRock deposited 2,700 BTC (approximately $169 million) and 52,956 ETH (approximately $88.17 million) into Coinbase, totaling approximately $257 million, and may continue to make additional deposits.

According to Onchain Lens monitoring, a newly created wallet withdrew 278,827 HYPE from Coinbase, worth 17.45 million USD, and may continue to withdraw more HYPE.

BlackRock deposited 2,400 BTC into Coinbase, worth $149,610,000, and 38,337 ETH, worth $63,380,000, and may continue to deposit more.

The Binance contract platform will launch the MVLLUSDT perpetual contract on June 29 at 21:35, the TQQQUSDT perpetual contract at 21:40, and the SQQQUSDT perpetual contract at 21:45, with a maximum leverage of up to 20 times.