Coinspeaker
Base Refutes ETH Selloff Claims, Affirms Commitment to Ethereum Ecosystem
Base, a Layer 2 scaling solution, has denied allegations of selling its Ethereum
ETH
$2 680
24h volatility:
1.5%
Market cap:
$323.06 B
Vol. 24h:
$22.93 B
holdings amid rumors that it was offloading all its sequencer fee earnings to Coinbase. Kabir, a member of the Base team, refuted the claim, emphasizing that the project remains committed to the growth of the Ethereum ecosystem by reinvesting all its earnings and resources. He noted that Base has onboarded millions of new users on-chain within just 1.5 years and intends to continue this effort.
Kabir’s comment came after Santisa, the pseudonymous CIO of investment firm Lucidity
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