Jesse Pollack, the creator of Ethereum layer 2 blockchain Base, is now the head of Coinbase Wallet and has joined the Coinbase leadership team. 🎉

- Pollack will continue to lead Base, aiming to make crypto easier for everyone to use.

- Experts believe this could improve UX in the crypto industry.

- Base has already reached 4 million active addresses and $7.2 billion in TVL.

But not everything is rosy: many new memecoins on Base have turned out to be scams.