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Diminished Activity, L2 Migration Push Ethereum to Turn Inflationary
24.9.2023
Recently, Ethereum has seen a shift towards inflation, sparked by a dip in network activity and onchain fees. Data reveals that, with decreased activity and lower fees, Ethereum’s inflation rate stands at 0.270%. The decline in overall activity and people transitioning to layer two (L2)...
Base Network Outstrips Solana's TVL as Summer Lull Draws to a Close
23.9.2023
Coinbase's layer-2 network, Base, has surpassed Solana (SOL) in terms of total value locked (TVL).
Base's TVL has reached an impressive $397.32 million since its launch in August, outpacing Solana's TVL of $358.96 million, data from DefiLlama shows.
Over the past month, Base has experienced...
Base surges past Solana as total value locked nears $400M
23.9.2023
As per DeFi Llama data, Solana’s TVL has decreased by 9.64% over the past month to sit at $358.96 million, while Base’s TVL has surged to $397.32 million
Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume
22.9.2023
In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday.
Post.Tech operates much like its predecessor, Friend.Tech...
Coinbase’s L2 Blockchain Base Skyrockets 111% in 41 Days, Overtaking Solana in TVL
21.9.2023
According to statistics, Coinbase’s Layer two (L2) blockchain, built on Ethereum and using Optimism’s open-source OP Stack, has grown significantly in the past 41 days. Since August, when the platform had a total value locked (TVL) of $175 million, the figure has increased 111% to $370...
First Mover Americas: Friend.tech Drives Up Coinbase’s Base Blockchain Activity
18.9.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Sept. 18, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Base Network hits almost 2M transactions in a day, still lags Polygon, BSC
17.9.2023
Base surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind Polygon and BSC
Coinbase’s Base Blockchain Hits Record High for Daily Transactions, Eclipsing Rivals
15.9.2023
FriendTech, which is only available on Base, is driving a significant portion of the activity, according to IntoTheBlock
Paypal Offers More Crypto Payment Options for Web3 Merchants in US
13.9.2023
Payment processor Paypal announced it’s introducing on- and off-ramps to facilitate crypto payments for Web3 platforms. Once integrated, merchants in the sector will be able to employ them to expand their user base by connecting to Paypal’s payments system. Paypal Launches On-...
Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation
12.9.2023
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 inflation in a determined jurisdiction, have surged...
Arbitrum (ARB) falls to all-time low as network usage metrics decline
11.9.2023
ARB price slumps to a new low as a decline in TVL, active addresses engaging with its DApps and a general malaise across the crypto market take their toll
Aave v3 fork debuts noncustodial liquidity markets on Base
11.9.2023
Seamless Protocol, a fork of Aave v3 deployed on Base, enables smart contracts with predetermined borrowing strategies to conduct undercollateralized borrowing on-chain
Today in Crypto: Coinbase is in 'Final Stages of Selecting Its EU Hub Location', Six Projects Get Investments from Base Ecosystem Fund, LBRY Appeals SEC-related Court Decision
8.9.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Coinbase is in 'Final Stages of Selecting Its EU Hub Location', Six Projects Get Investments from Base...
Aave, Circle, Base become founding members of Tokenized Asset Coalition
7.9.2023
It’s a big day for asset tokenization as many of the biggest names in the field announced the formation of association to further its development
Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
7.9.2023
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
Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain
7.9.2023
Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets
The Protocol: Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted
6.9.2023
What is a blockchain “sequencer?” Here’s why you need to know
Base's 'Onchain Summer' saw over 700K NFTs minted from 268K users in August
6.9.2023
The "Onchain Summer" promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
6.9.2023
The fundraise comes as interoperability protocols have attracted investors, despite the bear market
‘Sequencers’ Are Blockchain’s Air Traffic Control. Here’s Why They’re Misunderstood
6.9.2023
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