Crypto Market Updates: Base Integrates Codebase, Moonwell Exploits $1.78 Million

The cryptocurrency market has been experiencing a wave of updates and changes in recent times, with several significant developments emerging this week.

Base, a prominent layer-2 network, has announced plans to integrate key network components into its own codebase. This move marks the beginning of Base's transition away from the Optimism Superchain, a process that will see the network gradually separate from the OP Stack while remaining an OP Enterprise customer.

This change is expected to increase upgrade frequency for Base, with the network planning to implement six upgrades annually moving forward. The hard forks aimed at transitioning from Optimistic Proofs to TEE and ZK proofs are also part of this plan.