Base mainnet experienced a near two-hour outage on June 25, 2026 after an invalid block froze the network's sequencer and stopped new block production. Sequencing resumed at 17:51 UTC, with blockbuilding reported healthy by 17:58 UTC, while deposits, withdrawals, and transactions were delayed during the disruption.

Coinbase's Ethereum layer-2 network Base halted block production on June 25, 2026 after an invalid block triggered a consensus failure, stopping transactions for about two hours. The issue began around 16:03 UTC and Base said it identified the cause by 16:52 UTC before reporting broad recovery, adding that funds remained secure. The disruption occurred hours before the planned Beryl hardfork, while COIN was reported trading near $142.52 after a more than 5% drop in the prior session.

Crypto security incidents are often labeled as "DeFi hacks" even when smart-contract logic did not fail, with attacks instead stemming from compromised keys, interfaces, or operational access. In 2024, Halborn reported off-chain incidents were 56.5% of attacks and 80.5% of stolen funds, while Chainalysis said private-key compromises represented the largest share of stolen crypto that year. The article argues that mislabeling the failure layer can lead to the wrong fixes in an interconnected DeFi ecosystem.

Bitcoin ETP holdings have posted a record drawdown, K33 Research said. The firm added that rolling one-year flows have turned negative for the first time since 2023.

XRP slipped to $1.0405. The session low of $1.0116 was the weakest level since June 5.

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Vinny Lingham, co-founder of Praxos Capital, said Strategy’s financial structure is coming apart in a way he says he forecast 18 months ago. Speaking with Unchained host Laura Shin, Lingham said the company could be nearing a point where any available move worsens its position. He pointed to layers of debt and preferred securities as leaving limited room to maneuver.

An analyst cautioned investors against assuming Strategy has limited downside simply because the stock has already fallen sharply. He pointed to the company’s roughly 99.86% collapse during the Dot-com Bubble as a historical precedent. The warning argues that steep drawdowns can still deepen materially from current levels.