Summary
- Block production reportedly stopped for about 10 minutes on the Base Network operated by Coinbase.
- According to data from Basescan, it was revealed that no blocks have been produced for more than 10 minutes since the last block.
- As of now, there is no official analysis of the network halt or any public statement from Coinbase.
Block production reportedly halted for about 10 minutes on Base, the Layer 2 network operated by Coinbase.
On the 5th, the virtual asset (cryptocurrency) specialist media outlet Odaily cited data from the Base network's block explorer Basescan to report that "Base Network has not produced any blocks for more than 10 minutes since the last block."
As of now, there has been no official analysis or public statement from Coinbase regarding the cause of the network halt.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
