Ethereum
Ethereum L2 Base Hands Consumer App to Cobie, Founder of $375M Echo Deal
COINOTAG·July 15, 2026·1 min read
Base, the Ethereum layer-2 network by Coinbase, is handing its consumer app back to the exchange. Pseudonymous trader Cobie, founder of the $375M Echo deal, will take over its development. This transition represents a significant shift in governance for the popular L2 ecosystem.
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