⚡ FLOW: BASE has seen $4.7B in Net Inflows since January 1st.

Just to be clear on B20, this new function is not something Base can use on tokens. It’s there for asset issuers to exercise their own discretion. Most tokens deployed on B20 cast away admin rights upfront so it will never be used. Happy to answer more questions about it.

Introducing Base Cobalt, our third network upgrade of 2026 Validity Transactions and B20 enhancements are now live on mainnet Read the full breakdown ↓

BREAKING: Starship just deployed the first-ever Starlink V3 satellite into operational orbit. History made. This is the beginning of a massive new era for Starlink. 🚀

🚨BREAKING: $2.8T Citi partners with Coinbase, US' largest crypto exchange, to allow stablecoin payments for institutional clients. The partnership will let Citi clients convert fiat into crypto or stablecoins, send payments onchain, and convert back into fiat when needed. Citi brings a payments network across 94 markets and 300+ clearing systems while Coinbase brings $246B in assets on platform. Citi also projects stablecoin issuance could hit $1.9T by 2030 in its base case.

$6.2 Billion in TVL A new ATH

so remember when certain DPRK groups stored their C2 infra details (often base64-encoded & XOR-encrypted) in smart contracts? it was called EtherHiding. well, our PolinRider "friends" (and other groups) have gotten a bit more "creative". they now use a new pattern called "NullReceiver": simply put, they send a zero-value tx with zero calldata, while hiding the C2 IP address directly in the `to` address lol. let's take real-world example: - tx hash: `0x910d35c6620bea357c867bd93b291dc6feb1990bb57a0a063fa652cd29d096b2` - `to` address: `0xa658863ea658863e68656c6c6f6970626f742121` this will lead to - a658863e -> 166[.]88[.]134[.]62 - a658863e -> repetition of the above IP - the rest (68656c6c6f6970626f742121) is some string "helloipbot!!"

.@CFTC Staff Issues No-Action Position to Providers of Passive Software: cftc.gov/PressRoom/PressRele…

Base is proceeding with our plans to ship EIP-8130 in an upgrade later this year. As a reminder, this will unlock features many users and developers have been excited about like: - Batch transactions - Gas abstraction - Multiple (performant) key types - Key rotation - Path to post-quantum safety Most importantly, EIP-8130 is ready to be implemented today! It’s simple and gives accounts that are portable across chains. Over the last few weeks, we’ve worked closely with EthLabs to explore how we can bring 8130 and 8141 together. We made major progress by identifying a few options for expressing Keystore accounts on Frames while maintaining performance benefits. This gives us confidence that implementing 8130 is not a one-way door and does not block us from enabling 8141 in the future. At the same time, there are also significant challenges with 8141 as it’s written today: - The generality of Frames, including arbitrary account-defined authentication and two-dimensional gas accounting, comes at the cost of simplicity for chain operators. - This complexity extends to tooling. In 8130, authentication and fee payment are explicit transaction fields with clear defaults, whereas in 8141 they must be composed as frame prefixes, which is harder to implement and reason about. - And most importantly, optimistically it’s at least a year out. We’re grateful for the collaboration with EthLabs and other stakeholders. Because of those discussions, we now have confidence we can ship EIP-8130 without it being a one-way door for Base or any other chains that ship it, with a path to adding in support for 8141 in the future as it makes sense. We believe EIP-8130 is the best path forward, one that delivers cross-chain compatibility without compromising on performance. We’re excited to deliver these features to users and developers later this year, and would love to talk to other chain operators who are looking to do the same.

Look, I obviously don’t agree with Jesse on everything, and he himself may tell you that I am pretty annoying with my dissents inside CB. But to answer your question, I think it was because it was earned. Jesse willed Base into existence from nothing. In fact, Base sort of created the category that Stripe, Robinhood etc have followed into. Robinhood and Johann are doing a great job btw, very impressive and good to see trenches eating again, but hard to say if their chain would even exist today if Base didn’t exist. Base was created before the major Solana memecoin wave (6 months or so before WIF was created in 2023) which means Jesse fought to ship this through the post-FTX bear market. Obviously Jesse made some mistakes last year. Building stuff is really hard, and building it inside a big public company is even harder. I wouldn’t have made all the same choices he did, and not defending those choices either. But one thing I respect a lot about Jesse is that he still turns up and continues to put the work in every day despite all of CT treating him as a punching bag. Not sure how many other ppl I know that are willing to do that.