#Tokenization

Base Network Hits 48-Hour Outage: Consensus Bug Freezes Deposits and Raises Questions About Reliability

Base, the Coinbase-incubated Ethereum L2, suffered a nearly 48-hour outage after a consensus bug caused invalid block sequencing, freezing deposits and partially disabling withdrawals. Co-founder Jesse Pollak confirmed funds are safe but called the halt unacceptable.

June 27, 2026