[Sep 16, 2023 6:50 AM] Base, the Coinbase-incubated Ethereum layer 2 (L2) network, has seen rising adoption since opening its door to the public barely a month ago. While the blockchain platform has gained significant traction, its pool of users and protocols has also…
[Sep 14, 2023 4:00 PM] Friend.tech, a decentralized social network, has witnessed a sharp resurgence barely two weeks after critics pronounced the platform dead. The platform is enjoying renewed user interest, with its total value locked (TVL) surpassing $20 million a…
[Sep 12, 2023 2:00 AM] With the issue of inflation rising as a real problem for global economies last year, there has been a renewed need for people to seek a way of preserving their purchasing power. Flatcoins, stable currencies that change their value according to the…
[Sep 11, 2023 3:23 PM] ARB’s price slumps to a new low as a decline in TVL, a decline in active addresses engaging with its DApps and a general malaise across the crypto market take their toll.
[Sep 7, 2023 8:21 AM] OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.
[Sep 7, 2023 7:00 AM] Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets.
[Sep 6, 2023 9:00 AM] Leading rollup operators are criticized for using "centralized sequencers" to package transactions and pass them down to Ethereum, but the real risks may lie elsewhere.
[Sep 5, 2023 10:39 AM] Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time.
[Sep 2, 2023 3:30 PM] The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko…
[Aug 31, 2023 6:00 PM] Base, an Ethereum layer 2 (L2) network developed by prominent cryptocurrency exchange Coinbase, has seen its total value locked (TVL) soar to new heights on Friday, August 31. This surge was triggered by the recent launch and growing hype around…
[Aug 31, 2023 6:07 AM] Its creators hope to emulate the apparent success of Velodrome, one of Optimism network’s most used platforms which holds over $288 million in locked value.
[Aug 30, 2023 12:05 PM] This week in blockchain tech: Polygon's new "chain development kit," Farcaster's move to Optimism, Shibarium's return and Interlay's new Bitcoin layer-2 network, and Pancake Swap expands to Consensys's Linea.
[Aug 30, 2023 9:00 AM] Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are…
[Aug 29, 2023 1:10 PM] Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version.
[Aug 26, 2023 12:00 PM] Ethereum Layer 2 network “Base” has surpassed Cardano in terms of Total Value Locked (TVL) in just two weeks after its official launch, despite Cardano experiencing a multi-year head start in growth and development. Base TVL And Trading Volume…
[Aug 26, 2023 10:00 AM] Magnate Finance, a DeFi lending protocol on the Ethereum layer-2 network Base, is reported to have conducted a rug pull, robbing its users of $6.4 million worth of assets. This event represents the latest troubling incident on the Base network in…
[Aug 25, 2023 7:03 AM] Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL.
[Aug 24, 2023 6:00 PM] Decentralized exchange (DEX) aggregator 1inch Network has announced the expansion of its operations to Coinbase’s Ethereum layer 2 (L2) network, Base. 1inch’s Aggregation And Limit Order Protocols Go Live On Base In a blog post published on…
[Aug 24, 2023 11:09 AM] The two networks will share profits and governance using multisignature wallets, and a “security council” will be formed as the ecosystem grows.
[Aug 24, 2023 10:00 AM] The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post.
[Aug 22, 2023 8:39 AM] Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism
[Aug 19, 2023 10:30 AM] One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away…
[Aug 16, 2023 6:30 PM] In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well.
[Aug 16, 2023 1:30 PM] The SwirlLend scam is the second in as many days, and losses on the platform have already mounted into the millions, one week after it opened to users.
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