November 8, 2024

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Base launches mainnet bridge UI for end-users, sets Aug. 9 for official launch

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Base launches mainnet bridge UI for end-users, sets Aug. 9 for official launch

Coinbase’s Base network has released a user interface (UI) for its official bridge, allowing end-users to onboard for the first time without relying on developer tools, according to an Aug. 3 announcement. The team has

Some investors lost millions of dollars worth of crypto on Base while trying to use it when it was “launched for builders” and not publicly available. The Pond0X memecoin was launched for Base on July 28, and tech-savvy investors who knew how to bridge without a UI poured over $2 million into the project, only to have the token collapse to near zero in price as a bug in its transfer function was found. Another Base memecoin, “Bald,” resulted in losses of approximately $1.9 million when the developer pulled liquidity from the exchange it was trading on.