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Covalent joins forces with Flare, a Layer 1 blockchain


Covalent, a Web3 data supplier, makes the official announcement that it has formed a collaboration with Flare. This was accomplished to enhance its blockchain analytics solutions. For the uninitiated, Covalent is a Web3 data supplier that connects to over 40,000 developers. Also, it optimizes data...

Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base


The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time....

This Ethereum Layer-2 is on Fire – Here’s What That Means for ETH Price


Ethereum layer-2 scaling solution Arbitrum, which is able to substantially increase transactions per second by batching transactions together off-chain into so-called roll-ups, is seeing explosive growth. Daily fees generated by the protocol on Thursday hit their highest level since June 2022...

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