Coinbase layer-2 network Base suffers first major outage since launch
Coinbase's blockchain Base suffered its first major outage, with no new blocks being produced on the network for nearly 45 minutes.
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Coinbase's blockchain Base suffered its first major outage, with no new blocks being produced on the network for nearly 45 minutes.
Today saw a spectacular recovery for Bitcoin (BTC), which soared to a high of $30,034 but faces harsh rejection at $30K.
The price of Bitcoin has jumped a little over 3% immediately following the share price of First Republic Bank plunging more than 50% as the embattled firm stares down a massive fall in deposits.
Traditional banks struggled with issues of liquidity and insolvency in March, and Bitcoin has been the biggest beneficiary of this issue.
The price of Bitcoin (BTC) spiked more than 3% in the last 24 hours as fears were sparked of another possible imminent bank failure as First Republic Bank…