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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
Coinbase Exec: ‘There’s No Playbook’ for Public Company Launching Blockchain
9.8.2023
As Coinbase, the big U.S. crypto exchange, plans to launch its new Base blockchain on Wednesday, CoinDesk interviewed Jesse Pollak, who’s leading the effort. Here’s an excerpted version
Is Bitrock Price Going To Zero? Down 80%, New ERC-20 Token Launches This Week
8.8.2023
After a stratospheric run-in mid-July that saw the Bitrock (BITROCK) nearly 8000x from its decentralized exchange (DEX) launch price of $0.000037 to reach highs of around $0.30 per token, the token has come under massive sell pressure.
BITROCK was last trading slightly below $0.06, more than...
Mantle Introduces New Governing Body for Treasury Management
7.8.2023
The new layer 2 network passed a governance vote that establishes the Mantle Economics Committee as well as introduces more liquid staking into the ecosystem by authorizing liquid staking protocol Mantle LSD and the allocation of 40,000 ETH from its treasury to stETH
Base Opens Ethereum Bridge, Mainnet to Launch August 9
5.8.2023
Base, the Ethereum L2 (layer 2) scaling layer backed by Coinbase, has opened bridging for selected assets from Ethereum. In a blog post, the protocol also announced that the Base mainnet deployment was slated for August 9, allowing free access to developers to launch their apps on top of it. Base...
Polygon Claims Matter Labs Copied Its Code Without Attribution
3.8.2023
In a blog post, Polygon shared that Matter Labs had copy-pasted part of the code from their Plonky2 library
Google Cloud Partners with Celo Network as Validator, Facilitating Ethereum Layer 2 Migration
3.8.2023
Google Cloud has partnered with the Ethereum Virtual Machine (EVM)-compatible blockchain network Celo (CELO), and is already running a Celo network validator, according to an announcement.
The initiative builds on a collaboration between the two sides that was originally announced in April, when...
Coinbase Layer 2 Base Mainnet Launch Date Announced - Here's What You Need to Know
3.8.2023
Coinbase, the largest publicly traded crypto exchange based in the US, revealed its plans to open mainnet for the public, starting August 9.
Built on the OP stack in partnership with Optimism, Base is a layer-two scaling solution for Ethereum (ETH).
“Over the next week, you’ll begin to see Dapps...