"One of the winning wallets spent around $191,000 to buy 7.6% of the supply and tipped the Base sequencer more than $44,000 in priority fees to land the trade before others. After selling their full allocation, the trader netted over $600,000 in profit. According to pseudonymous analyst bheau, the mechanics behind the snipes stem from flashblocks, a Base feature rolled out in July. While Base has two-second block times, it now produces a series of 200-millisecond micro-blocks within each full block. This allows bots to detect a token-deployment transaction the moment it appears in the first flashblock and submit high-fee buy orders that settle in the next flashblock, so both appear in the same on-chain block."

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Cobie takes over Base app as Coinbase Jesse Pollak pivots chain toward trading, stablecoin payments and AI agents

Cobie takes over Base app as Coinbase Jesse Pollak pivots chain toward trading, stablecoin payments and AI agents

The Block ·

Base founder, Jesse Pollak, reveals that Base will not secretly support or manipulate token prices, refusing behind-the-scenes coordination or capital deployment to pump assets, arguing it harms fair markets, isn’t sustainable, and could be illegal.

Base founder, Jesse Pollak, reveals that Base will not secretly support or manipulate token prices, refusing behind-the-scenes coordination or capital deployment to pump assets, arguing it harms fair markets, isn’t sustainable, and could be illegal.

𝕏/@Protos ·

Jesse Pollak faces backlash for promoting Soulja Boy memecoin on Base on December 13. Critics resurfaced the rapper's past, including 73 token promotions and 16 NFT drops tied to rugs, plus a 2023 SEC fine for undisclosed endorsements. Soulja Boy apologized on December 14, saying he has learned from those years-old mistakes, while Pollak defended creator coins as a path to onboard more people into crypto.

Jesse Pollak faces backlash for promoting Soulja Boy memecoin on Base on December 13. Critics resurfaced the rapper's past, including 73 token promotions and 16 NFT drops tied to rugs, plus a 2023 SEC fine for undisclosed endorsements. Soulja Boy apologized on December 14, saying he has learned from those years-old mistakes, while Pollak defended creator coins as a path to onboard more people into crypto.

𝕏/@jessepollak ·

Jesse Pollak’s creator coin launch drags down top Zora coins:

Jesse Pollak’s creator coin launch drags down top Zora coins:

𝕏/@coinage_media ·

Base’s Jesse Pollak faces backlash for aggressively promoting Zora, as critics accuse him of prioritizing Coinbase’s investment recovery over genuine creator adoption, reigniting debate over his history of hyping speculative tokens and undermining trust in Base’s broader vision.

Base’s Jesse Pollak faces backlash for aggressively promoting Zora, as critics accuse him of prioritizing Coinbase’s investment recovery over genuine creator adoption, reigniting debate over his history of hyping speculative tokens and undermining trust in Base’s broader vision.

finance.yahoo ·

Base chief Jesse Pollak says the network is now exploring a token launch despite past denials by Coinbase and Base. With Trump-era policy shifts easing the path, a Base token could finally be on the table.

Base chief Jesse Pollak says the network is now exploring a token launch despite past denials by Coinbase and Base. With Trump-era policy shifts easing the path, a Base token could finally be on the table.

𝕏/@jessepollak ·

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