News linked to both this project and an event.
According to the official announcement, Binance will cease support for deposit and withdrawal services on the Moonriver (MOVR) and Moonbeam (GLMR) mainnets at 19:00 (UTC+8) on July 21, 2026, and enable deposits and withdrawals for the above tokens via the Base network. Please ensure you allow sufficient time before this deadline to ensure deposits are successfully completed.
according to on-chain analyst Ai Yi's monitoring, address 0x378…1c476 purchased $179,000 worth of Base Meme token BRIAN at $0.01311 yesterday. Following Coinbase CEO's change of X profile picture, BRIAN's market cap dropped to $1.43 million, causing the address to now incur a floating loss of $159,000, with assets shrinking by 88.7%.
Odaily News: Wormhole has announced that the Moonbeam network will officially shut down on July 31, 2026. During the transition period, the Moonbeam parachain will continue to operate, but will cease operations after July 31.Wormhole stated that after this date, Portal and Wormhole contributors will be unable to assist in recovering assets remaining on the Moonbeam chain, and advises users to cross-chain transfer their external assets through official Moonbeam channels before the deadline. Previously, Moonbeam announced its exit from the Polkadot ecosystem and will migrate GLMR tokens to the Base network at a 1:1 ratio.
Base experienced an abnormal block production issue on its mainnet for the second time in two days. According to the official status page, the incident occurred at 15:33 UTC. The team subsequently confirmed the problem and resumed block production at 16:11 UTC.Base stated that node operators need to restart their Base mainnet nodes to re-synchronize.The symptoms of this incident are similar to the outage from the previous day. On Thursday, Base experienced an abnormal block that prevented the Sequencer from building new blocks, resulting in a network halt lasting approximately two hours. Although user funds were not affected, withdrawal services were temporarily disrupted.Officials stated that this incident was also characterized by a chain halt, sharing similar features with the previous day's event. The network has now resumed operations.
Odaily Odaily News Blockchain analyst Vadim noted that Base experienced a network outage today due to a consensus bug triggered by a single invalid block. All block generation after height 47806542 ceased, halting the network for nearly two hours. Since Base utilizes a single sequencer architecture, when that node encountered an error, the entire network stopped running, with no backup block producer or other validator nodes available to bypass the fault and maintain on-chain activity. During the outage, users were unable to conduct transactions, perform liquidations, or process withdrawals.Furthermore, the network recovery process was not automated; node operators within the ecosystem had to manually restart for block synchronization to gradually resume. This is not the first such incident for Base. In August of last year, the network also experienced a freeze lasting approximately 33 minutes due to a sequencer switching failure. The single sequencer model exposes the centralization risks in some current L2 networks: while offering higher speed, the entire chain can come to a halt due to a single point of failure when the core component malfunctions.
Base has postponed the Beryl mainnet upgrade to June 26 at 18:00 UTC to ensure full activation of the B20 Activation Registry. Developers must wait until the registry goes live before deploying B20 tokens, with an estimated maximum wait time of approximately one hour. Base stated that the previous ~2-hour mainnet block interruption was unrelated to this upgrade. Additionally, Beryl will reduce the withdrawal waiting period from Base to Ethereum from 7 days to 5 days and integrate Reth V2.
Bitget Wallet has officially launched full-token payment capabilities, allowing users to use thousands of cryptocurrencies beyond just USDT/USDC for card top-ups and QR code payments, eliminating the need for manual swaps or cross-chain transfers. This feature is now available in over 50 countries and regions across Asia-Pacific, Europe, Latin America, and select emerging markets.The initial range of supported tokens includes mainstream assets such as USDT, USDC, ETH, SOL, BNB, BGB, and POL; ecosystem and community tokens like SHIB; as well as regional stablecoins like BRZ (Brazilian Real-backed stablecoin) and XSGD (Singapore Dollar-backed stablecoin). This capability is powered by Onchain Payments Matrix and currently supports over 10 public chains, including Polygon, BNB Chain, Ethereum, and Base, with continuous expansion of supported tokens and networks underway.Through this move, Bitget Wallet aims to integrate on-chain assets into users' everyday consumption and payment scenarios, further enhancing the practical utility of cryptocurrencies and ensuring users can spend any token for real-world purchases.
Benchmark has maintained a "Buy" rating for Coinbase with a $270 price target, implying approximately 59.5% upside from its Tuesday closing price of $169.27. The firm noted that Coinbase's latest "System Update" indicates it is accelerating its transformation from a crypto trading platform into an "everything exchange" that bridges traditional finance and the on-chain economy.Analyst Mark Palmer stated that this product update covers tokenized stocks, stock and crypto options, pre-IPO perpetual contracts, prediction markets, AI-driven investment tools, agent payment infrastructure, and retail financial products, signaling the continuous expansion of its business boundaries.Key progress highlighted by Benchmark also includes: the U.S. CFTC's approval for it to operate as a regulated Futures Commission Merchant (FCM), global derivatives capabilities obtained through the acquisition of Deribit, and integrating crypto perpetuals and options into a compliant framework, thereby achieving cross-market liquidity consolidation.Furthermore, the company's strategic moves in the Base ecosystem, prediction markets, and AI agent payments are also seen as key signals of its evolution from "spot crypto trading" to a comprehensive on-chain financial infrastructure. (The Block)
: According to official sources, Base is about to launch the Beryl hard fork upgrade, introducing the B20 native token standard, which shortens the final confirmation period for single-proof withdrawals from 7 days to 5 days, and upgrades Reth V2, reducing disk usage by 50% and increasing throughput by 33%.Beryl will be activated on the Sepolia testnet at 2:00 AM UTC+8 on June 19, and on the mainnet at 2:00 AM UTC+8 on June 26.B20 is Base’s native token standard, an ERC-20 compatible token implemented via Rust precompile, designed specifically for stablecoins, RWAs, and long-tail token issuers. It includes a built-in compliance toolkit, featuring transfer strategies, freezing and seizing, role-based access control, memos, and supply caps.
L2BEAT research lead donnoh.eth posted on X, stating that the Base network's state update system has been down for over 30 hours due to a bug related to a recent upgrade. However, since the on-chain withdrawal cycle is set to approximately 7 days, this issue has not been immediately noticeable to users.This malfunction involves an anomaly in the state update layer but did not immediately impact users' withdrawal experience, which is why the problem went largely unnoticed for a period of time. The issue has now sparked discussion within the community, focusing on its impact on on-chain data synchronization and operational monitoring mechanisms.
Base state updates have been interrupted for over 30 hours due to issues related to the Trusted Execution Environment (TEE) enclave. The official team stated that the outage caused the termination of some proposals, and mainnet withdrawals are currently affected. Repair efforts are ongoing.
According to the official announcement, Binance will suspend token deposits and withdrawals on the Base network starting at 01:00 on May 29, 2026, to support its network upgrade and hard fork. Token trading on the Base network will remain unaffected. The project team plans to carry out the network upgrade and hard fork at 02:00 on May 29, 2026.
crypto market maker and investment firm Keyrock has released a new report indicating that as traditional bank card payment systems struggle to meet micro-payment needs, blockchain-based stablecoin payment rails are gradually becoming the default payment layer for AI agents.The report shows that between May 2025 and April 2026, AI agents have completed over 176 million transactions through on-chain infrastructure, settling more than $73 million.The so-called "Agentic Payments" refer to AI software that can autonomously purchase data, computing power, API access, or AI services without requiring human authorization for each individual transaction. For example, an AI trading agent can continuously and automatically buy market data, cloud computing resources, or AI analysis services. Keyrock believes this growth rate may even surpass the early explosive phase of stablecoins.Currently, Coinbase's x402 protocol has emerged as one of the leading crypto-native machine payment solutions, allowing AI agents to directly pay for on-chain data analysis, cloud services, and other resources using USDC, without the need for accounts or subscription systems.Data shows that approximately 76% of AI agent payment amounts fall below the common 30-cent fixed fee threshold of traditional bank cards, with most transactions ranging from just 1 to 10 cents. This makes traditional payment networks unsuitable for machine-to-machine micropayments. In contrast, on chains like Base and Tempo, the settlement cost for stablecoins is "less than one cent."However, regulation may still become a limiting factor for industry growth. The report points out that new regulatory frameworks, including Europe's MiCA, the US's GENIUS Act, and the EU's AI Act, have yet to directly cover critical issues such as autonomous transactions by AI agents, liability attribution, and identity authentication. (CoinDesk)
B.AI, a cutting-edge financial infrastructure platform for the AI era, has officially launched deposit functionality for $HTX and $WBTC. Following this upgrade, users can now perform seamless operations via TRON, Ethereum (supporting WBTC and HTX), and BNB Chain (supporting HTX). B.AI’s ecosystem now fully covers eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—and supports up to 15 core crypto assets. B.AI remains committed to breaking down cross-chain asset barriers, enabling users—regardless of their preferred network or asset—to enjoy lightning-fast, secure, and frictionless account and payment experiences.
B.AI has officially integrated into the Solana ecosystem, comprehensively upgrading its cross-chain login and payment capabilities. Users can now log in with one click via MetaMask and Phantom wallets and top up or subscribe using SOL, USDT, USDC, or WBTC on the Solana network. B.AI now supports eight major public blockchains—TRON, BNB Chain, Ethereum, Base, Arbitrum, Optimism, Polygon, and Solana—building a more open and decentralized multi-chain AI economy. New users enjoy an exclusive limited-time welcome offer: 500,000 points upon first login, a 1:1 bonus on top-ups, and up to an additional $100 worth of points per user. Going forward, B.AI will lower entry barriers and expand asset options to help you seamlessly enter the new era of intelligent economics.
According to on-chain analyst PeckShield (@PeckShieldAlert), THORChain has been hacked, resulting in losses of approximately $10 million in crypto assets, including 36.75 BTC (around $3 million) and roughly $7 million in assets from BNB Chain, Ethereum, and Base.
According to the official announcement, Binance will suspend token deposits and withdrawals on the Base network starting at 01:00 (UTC+8) on May 22, 2026, to support its network upgrade and hard fork. The project team plans to carry out the network upgrade and hard fork at 02:00 (UTC+8) on May 22, 2026.
CryptoQuant analyst Darkfost stated on X platform that although the U.S.-Iran conflict and inflationary pressures continue to pose challenges to the market, the altcoin market has recently begun to show signs of recovery. After experiencing an overall correction of over 50%, the altcoin sector is gradually regaining activity. This round of adjustment is not only affected by the BTC correction but is also related to market token dilution. Currently, there are approximately 51 million altcoins in the market, with 46% deployed on Solana, 36% on Base, and 10% on BNB Smart Chain. Recently, the overall performance of altcoins listed on Binance has recovered to levels seen since September 2025. Currently, about 21% of altcoins listed on Binance have reclaimed the 200-day moving average, compared to only 2% in February of this year that remained above this key technical level. Darkfost believes this indicates a gradual resurgence of market interest in altcoins, serving as an important signal for investors looking to allocate to altcoins. However, it is still too early to declare the start of an altcoin season, as market liquidity remains limited.
According to an official disclosure by Hyperbridge, the losses from the Token Gateway vulnerability incident on April 13 have been revised upward from an initial estimate of $237,000 to approximately $2.5 million. The increase stems primarily from losses incurred in incentive pools on Ethereum, Base, BNB Chain, and Arbitrum. The attacker extracted roughly 245 ETH from related contracts, then bypassed the MMR proof verification mechanism by forging cross-chain messages, minting 1 billion bridged DOT tokens and dumping them onto illiquid markets. Currently, some of the stolen funds have been traced on-chain to Binance. Hyperbridge is collaborating with Binance’s compliance team and law enforcement agencies to investigate the incident. Polkadot-native DOT and products such as Intent Gateway remain unaffected. The Token Gateway and bridged DOT contracts on the four affected EVM chains remain suspended. An external audit of the patched MMR verification logic is underway, and bridging functionality will be restored upon completion of the audit.