BALD Developer Sends $12M Back to Ethereum After Spectacular Mess Up

Bald’s mysterious rise in early August came when Base, a blockchain built by crypto exchange Coinbase, wasn’t even officially open to the public. A viral post of a trader turning $500 to hundreds of thousands sent Bald zoomed 4,000,000% within days, attracting over $66 million in ether to the ecosystem as traders hoped to squeeze out returns from an otherwise flat broader market.