Coinbase’s Base Plans $2M ‘Onchain Summer II’

May 5: Jesse Pollak, who oversees the crypto exchange Coinbase’s layer-2 network, Base, unveiled a new incentives campaign, “Onchain Summer II,” with more than 600 ETH ($2 million) of prices, grants and gas credits offered by the project and its ecosystem partners. “Onchain Summer will kick off with a month-long online hackathon hosted by Base and partners,” according to the post. “Base is…