Coinbase Global warns users of potential Bitcoin transaction latency

Coinbase Global has announced that users of the Base app and wallet extension may experience latency or degraded performance in Bitcoin transactions. The Base network, which is Coinbase’s Ethereum layer-2 solution built on the Optimism stack, facilitates scalable decentralized applications and often involves wrapped assets or cross-chain bridges for Bitcoin transactions to ensure compatibility with Ethereum’s layer-2 environment.

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