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Turbulence in Shibarium’s Debut: $1.7M ETH Stuck and a Crypto Whale Shifts the Tide
17.8.2023
On August 16, 2023, the Shiba Inu meme coin enthusiasts celebrated the unveiling of the second-layer (L2) blockchain, Shibarium. This platform is designed to bolster decentralized app growth while tackling Ethereum’s scalability and transaction fee challenges. Yet, even amidst...
Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand
17.8.2023
Stablecoin issuer Tether has announced that it will discontinue support for Omni, a Bitcoin layer that has been used for USDT transfers since 2014
ZetaChain secures $27M for Interconnected Layer-1 Blockchain
17.8.2023
ZetaChain has announced a significant funding round in which it has raised $27 million to advance its groundbreaking mission of creating the first public Layer 1 (L1) blockchain in the world that is compatible with EVM and seamlessly connects every aspect of the digital landscape. Prominent...
A Based week: Looking back at the first 7 days of Onchain Summer
17.8.2023
In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well
Shiba Inu Developers Launch Shibarium, Ushering In New Era of Growth for SHIB Ecosystem
16.8.2023
Shiba Inu developers have launched their highly anticipated, purpose-built Ethereum layer-2 scaling solution Shibarium, ushering in a new era of growth for one of the crypto industry’s largest decentralized communities.
The launch announcement was made at the Blockchain Futurist Conference/ETH...
Shiba Inu’s Ethereum Layer-2 Blockchain Shibarium Goes Live Amid Push for DeFi Growth
16.8.2023
The much-awaited Shibarium network saw over 21 million wallets created during its testnet phase and is expected to position Shiba Inu as a serious DeFi contender
SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported
16.8.2023
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
Ex-Meta Engineer’s Layer-1 Blockchain Linera Raises $6M in New Funding
16.8.2023
The layer-1 blockchain’s initial seed funding round was led by a16z crypto and has now raised $12 million in total
Sei Mainnet is Live After Testnet Sees More Than 7.5M Wallets Created
15.8.2023
The trading focused layer 1 blockchain is backed by Jump Crypto and Flow Traders
Immutable zkEVM begins testnet phase with 12 Web3 games in development
15.8.2023
The Web3 gaming company announced that its fully Ethereum-compatible network is now available for public testing
Bitcoin centralized by corporate giants should not be feared – Michael Saylor
13.8.2023
During a recent podcast interview, Saylor explained that Bitcoin being bought and centralized by corporations should not be feared, and outlined three main reasons driving the need for custodians
Biggest Movers: SHIB Climbs to 4-Month High, as Meme Coins Rally on Saturday
12.8.2023
Shiba inu surged to a multi-month high on Saturday, as the meme coin extended its recent run of bullish momentum. The rally began as a result of the hopes surrounding its upcoming layer 2 launch. Dogecoin also extended recent gains to start the weekend. Shiba Inu (SHIB) Shiba inu (SHIB) was one...
Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
11.8.2023
Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin....
Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
11.8.2023
A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token
Coinbase layer-2 network Base hits 136,000 daily active users
11.8.2023
Around 30% of Base's users on Aug. 10 were new to the blockchain which launched only a day prior
First Mover Americas: Coinbase Seeks New Revenue Stream From Layer 2 Network
10.8.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for August 2, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
SEI Token Could Reach Nearly Half a Billion Market Cap on Binance Debut
10.8.2023
Decentralized exchange Aevo rolled out a new product on Wednesday that allows traders to express bullish/bearish view on tokens awaiting an exchange listing
The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software
10.8.2023
In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software. The Protocol is CoinDesk's weekly newsletter devoted...
Coinbase Steps Into Unchartered Territory As Its Layer-2 Blockchain Base Goes Live
9.8.2023
Coinbase’s new Ethereum layer-2 blockchain Base went live at 1200 EDT on Wednesday.
That marks a step into unchartered territory for the largest US-based cryptocurrency exchange, which is the first publicly traded company to launch its own public crypto network....
Read More: Coinbase Steps Into...
Coinbase Officially Launches 'Base' Blockchain, in Milestone for a Public Company
9.8.2023
The big U.S. crypto exchange Coinbase says its blockchain is the first ever to be launched by a publicly traded company, and represents a major push into a new revenue opportunity