Crypto exchange @Coinbase launches Base, claiming it'll provide a developer-friendly environment for building decentralized apps.

Coinbase launches its own layer-2 network for building decentralized apps](https://cointelegraph.com/news/coinbase-launches-its-own-ethereum-layer-2-network-for-building-decentralized-apps))
Coinbase said that it plans to progressively decentralize the chain over time, but does not have plans to issue a new network token.