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Popular Decentralized Exchange 1Inch Partners with Coinbase's Base Network to Expand Liquidity Aggregation
25.8.2023
Popular Decentralized exchange aggregator 1inch partners with Coinbase's Ethereum Layer 2 network Base to deploy its 1inch Aggregation Protocol and the 1inch Limit Order Protocol.
With the mainnet launch of Base on August 9th, exchanges like Uniswap, Balancer, and SushiSwap have just joined...
Base Commits to Decentralization, Collective Growth of The Optimism Collective’s L2 Ecosystem
24.8.2023
The US’s largest cryptocurrency exchange and the largest publicly traded crypto company in the world Coinbase just released a blog post emphasizing its commitment to respecting the principles of decentralization relating to its newly launched layer-2 Ethereum scaling protocol Base.
Base,...
Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality
24.8.2023
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
PancakeSwap Version 3 Goes Live on Ethereum Layer 2 Linea Mainnet
24.8.2023
PancakeSwap v3 introduces advanced Swap and Liquidity Provision functionalities, enabling users to trade tokens seamlessly and maximize capital efficiency
The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech
23.8.2023
The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks
Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
22.8.2023
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
Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy
22.8.2023
Layer 2 network Mantle has staked 40,000 ether (ETH) on staking protocol Lido after it passed a governance vote on treasury management earlier this month
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
Ethereum Layer-2 Arbitrum Sustains Growth and User Influx Following ARB Airdrop, Total Assets Reach $5.77 Billion: Report
20.8.2023
Per Nansen's Arbitrum Quarterly Report for Q2 2023, the Arbitrum (ARB) airdrop on March 23, 2023, led to a peak in users and transactions. Following the ARB airdrop, daily transactions and user numbers have consistently exceeded the chain's past averages.
Arbitrum, an Ethereum rollup hosting asset...
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
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 From BNB Smart Chain in Strategy Re-evaluation...
Tether discontinues Bitcoin stablecoin, citing lack of usage
17.8.2023
The Tether (USDT) stablecoin will no longer be issued on the Bitcoin Omni Layer, while redemptions will still be open for at least a year
The Protocol: Blockchains Keep Launching, From Sei to Shibarium
17.8.2023
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...
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