Event JSON
{
"id": "fb87bec318961014c5c1926416d40ed2da1bc6db952c3c814bfdc6b38d3934ca",
"pubkey": "01606ee2129a65b13bacab793a337bee523cad12d3a98eba1252a3fc29f63e2b",
"created_at": 1739183564,
"kind": 1,
"tags": [
[
"r",
"https://www.coindesk.com/markets/2025/02/10/base-team-member-refutes-rumors-of-that-its-sequencer-coinbase-is-selling-eth"
],
[
"subject",
"Base Team Member Refutes Claims That Its Sequencer Coinbase Has Been Selling ETH"
],
[
"published_at",
"1739183206"
],
[
"image",
"https://cdn.sanity.io/images/s3y3vcno/production/0ba20d83566501be305ec77d093c3071df43f6e5-1280x853.jpg?auto=format"
],
[
"p",
"01606ee2129a65b13bacab793a337bee523cad12d3a98eba1252a3fc29f63e2b",
"wss://articles.layer3.news"
],
[
"imeta",
"url https://cdn.sanity.io/images/s3y3vcno/production/0ba20d83566501be305ec77d093c3071df43f6e5-1280x853.jpg?auto=format"
],
[
"t",
"Technology:perspective"
],
[
"summary",
"Base member Kabir.base.eth clarifies that Coinbase has accumulated over $300 million in ETH, which is more than 2x Base's ETH earnings over time. Base uses offchain custody for security and audit reasons, and earns and spends ETH for Layer 1 costs and granting support. The controversy surrounds the use of centralized sequencers in layer 2 solutions, which can lead to profit models that don't align with Ethereum values."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqq9sxacsjnfjmzwav4dun5vmmaefretgj6w5cawsj223lc20k8c4sm8nhef\nhttps://cdn.sanity.io/images/s3y3vcno/production/0ba20d83566501be305ec77d093c3071df43f6e5-1280x853.jpg?auto=format\nCoinbase has accumulated $300M+ in ETH, which is more than 2x all of Base's ETH earnings over time,\" Base member Kabir.base.eth said on X.\nhttps://www.coindesk.com/markets/2025/02/10/base-team-member-refutes-rumors-of-that-its-sequencer-coinbase-is-selling-eth",
"sig": "aab6e6e39d4ce72e58b814bc8cc848cbf38e9dd66c22aca675915aead413aaa9e7b4f2cc9efc52e7af86ad6056a66bd8e53fcbe41d7fd9ac0392155819959b0a"
}