Base’s Cobalt upgrade adds another rule to affect token balances
Scheduled for September 30 at 18:00 UTC, Cobalt would let B20 issuers opt into seizure policies independent of ordinary transfer restrictions.
Scheduled for September 30 at 18:00 UTC, Cobalt would let B20 issuers opt into seizure policies independent of ordinary transfer restrictions.
Base has launched Cobalt, its third major network upgrade, adding new transaction controls for traders and expanding tools for companies issuing tokens on the Coinbase-incubated Ethereum Layer 2 network.
The Cobalt upgrade could boost Base's ecosystem, increasing speculation and optimism about a potential future token launch.
Base has launched Cobalt, adding conditional transactions and new functions for assets issued under its B20 standard.
Base’s Cobalt lets traders set transaction conditions while giving issuers tools for compliance checks, stock splits and forced token transfers.
Cobalt's enhancements in transaction flexibility and upgrade automation could streamline future network developments and reduce operational disruptions.
Base launches Base Account with one-tap USDC payments and sponsored gas fees, with native account abstraction planned via Beryl and Cobalt upgrades in 2026.