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Crypto wallet MPCVault adds support for Base

The cryptocurrency wallet MPCVault has announced added support for Base. Users can create a wallet that supports all Base tokens (ERC20, ERC721, and ERC1155); explore the BASE ecosystem and interact with DApps using MPCVault's browser extension; establish access control and transaction policies based on US dollar volume; and send bulk payments to up to 256 addresses.

Coinbase CEO: Coinbase wallet now supports sending USDC on Base instantly

Coinbase CEO Brian Armstrong has stated that the Coinbase wallet now has a simple mode focused on payments. For example, it can support sending USDC for free and instantly on Base globally. We will try to make it the default mode for emerging markets to make it easier for users to use. People can switch to advanced mode at any time.

Base: There is a security vulnerability in a commonly used open source library. Base is not affected by this issue.

Base officials posted on social media X that the Base team received a notification from thirdweb at 9pm Pacific Time on Friday (December 1st), stating that a commonly used open source library had a security vulnerability, affecting some pre-built contracts deployed on Base. Base itself is not affected by this issue, and all funds on Base are currently safe. We immediately responded to understand the nature of the vulnerability and possible mitigation strategies. thirdweb is providing responsive support and mitigation tools to review the security of affected contracts. These mitigation measures may include locking existing contracts and reissuing new versions of NFTs to existing holders. If support is needed, it is recommended to work directly with the thirdweb team to resolve the issue.

Goldfinch community votes to approve proposal to deploy smart contracts on Base

On December 1st, the decentralized credit protocol Goldfinch community voted to approve the proposal to deploy Goldfinch smart contracts on Base. Goldfinch plans to establish a new Goldfinch Governance multi-signature on Base and develop a Goldfinch factory, allowing businesses to launch their own Goldfinch instances on this platform.

Openfort integrates Base to help games benefit from account abstraction

The game infrastructure platform Openfort announced that it has integrated Coinbase's Layer 2 solution, Base. This integration provides game developers with: a scalable, low-cost environment on Base; simplified blockchain interaction through account abstraction; enhanced game user experience; and verified infrastructure, including projects such as "Snake on Base".

Base: Canyon hard fork of Goerli and Sepolia testnets successfully completed

Layer2 network Base announced on the X platform that it has successfully completed the Canyon hard fork on the Goerli and Sepolia testnets. It is reported that Canyon is the next major network upgrade after OP Stack's Regolith version. Its goals are to reduce the rate of change in basic fees, modify the way the network handles closed channels to improve reliability, allow access to common contracts (create2deployer) on all OP networks, and increase support for Shanghai and Capella.
Base: Canyon hard fork of Goerli and Sepolia testnets successfully completed

Lido announces launch of Base network

On November 8th, Lido announced the launch of Coinbase L2 network Base, and wstETH is now available throughout the Base ecosystem. Base users can initially interact with wstETH through dApps such as KyberSwap, Beefy, and Aerodrome.

Paradigm, OP Labs and Base collaborate to develop OP Stack client OP Reth

Georgios Konstantopoulos, Chief Technology Officer and Research Partner at Paradigm, wrote on the X platform that OP Reth has been merged, which means that its high-performance Ethereum node Reth can be used in OP Stack without modification. Georgios also stated that this was achieved through collaboration between OP Labs, the Base team, and Paradigm's own open source team.

The decentralized auction platform Bounce Finance integrates Base and plans to launch more auction types in the future

According to official sources, decentralized auction platform Bounce Finance announced the integration of Base and will introduce more innovative auction types on the Base mainnet in the future. With this integration, a large number of auction mechanisms for ERC20 and ERC1155 tokens can be used through the Bounce application on the Base mainnet. For ERC20 tokens, Bounce users can freely create and participate in fixed-price auctions, English auctions, and Dutch auctions on the Base mainnet. In addition, for ERC1155 tokens, fixed-price auction options can be used at any time on the Base mainnet.

Surf Protocol completes US$3 million in financing, led by ABCDE Capital

On October 30th, Surf Protocol raised $3 million in funding, led by ABCDE Capital with participation from OP Crypto and C2 Ventures.The funding will be used to develop a permissionless Perp DEX (decentralized perpetual contract exchange) based on the Base network. Surf Protocol aims to provide users with a wider range of tradable Perp assets while reducing trading friction for users.