Crypto exchange Coinbase plans to increase access and functionality of its L2 network Base by August 9. The company announced an Ethereum bridge to allow users to send tokens to and from the Base chain. Included in the official mainnet launch are commemorative NFTs as a part of a month-long “Onchain Summer” promotion for the layer 2 network. Today’s announcement follows a rug pull incident involving a memecoin called BALD. Coinbase announced the release of an Ethereum bridge and NFT
