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#976 - Base Halt, LI.FI Token Service, Sophon Shuts Down

Base recovers from a block production halt, the Beryl upgrade is rescheduled to Friday, Sophon migrates to Base, and LI.FI upgrades pricing.

Quick Take

  • Base suffers block production halt.

  • Base delays its Beryl hardfork to Friday.

  • Sophon sunsets its ZKsync-based L2.

  • LI.FI integrates CoinGecko for pricing.


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Base Mainnet Experiences Block Production Halt

Base Mainnet experienced stalled block production on Thursday after a consensus error caused an invalid block to be sequenced. The incident caused outages for roughly three hours before the core Base team deployed a fix to resolve the error and resume validation. The team confirmed that no user funds were at risk during the downtime and normal operations have fully resumed.

Base Delays Beryl Mainnet Upgrade

Base delayed its Beryl mainnet upgrade, rescheduling the hardfork to Friday, June 26, at 18:00 UTC. The delay stems from final coordination requirements for the B20 Activation Registry. Core contributors pushed the timeline to ensure the registry is fully operational, warning that an early deployment could revert transactions if features are triggered before activation.

Sophon Sunsets L2, Migrates To Base

Sophon announced it will sunset its Layer 2 network built on ZKsync's Elastic Network to migrate instead to Base. The team cited a lack of transaction growth as the primary reason for the pivot. Moving forward, Sophon will deploy as a consumer studio on Base, launching its Pyre application, and routing platform revenues into SOPH buyback-and-burn mechanisms. Staking will be discontinued.

LI.FI Upgrades Core Pricing Engine

LI.FI upgraded its core Token Service pricing engine, making CoinGecko its primary data source for token pricing. The upgrade introduces an 8-tier token bucketing system to minimize API call overhead, cutting total requests by an estimated 80%. The new infrastructure supports more than two million assets across over 40 chains and includes robust circuit-breaker fallbacks.

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