The adoption of Ethereum layer-2s is on the rise if Token Terminal data shared on November 6 is anything to go by. According to statistics from the blockchain analytics platform shared by Erik Smith, the Chief Investment Officer (CIO) of 401 Financial, the average active addresses over the past three months has exceeded 10 million, a nearly…
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Source: AdobeStock / Rafael Henrique Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________ Payments news Crypto payments infrastructure firm MoonPay announced that it partnered with Mastercard to drive innovation and strengthen consumer connections. According to the press release, the two…
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Base Bootcamp will offer students weekly meetings with a mentor, a dedicated Discord server, and access to Coinbase and Base engineers. On Oct. 20, the Ethereum layer-2 Base network announced that it’s launching an eight-week training course to turn traditional software developers into blockchain developers. Called “Base Bootcamp,” the new program doesn’t cost anything to…
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According to a recent report by the online database platform Messari, the Hedera (HBAR) Network, an open-source, public blockchain governed by the Hedera Governing Council, has showcased significant growth in the face of a challenging crypto market during Q3 2023. Hedera Network Hits New Record With 99 Million Daily Transactions Per the report, Hedera Network’s…
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Swiss-based real-world asset tokenizer Backed has introduced its latest tokenized security product, bIB01, on the Base blockchain, Coinbase’s Layer 2 (L2) network. The new tokenized security closely mirrors the performance of a short-term US treasury bond exchange-traded fund (ETF), offering investors a digital way to engage with traditional financial assets, Backed said in an announcement….…
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Blockchain oracle network Chainlink has integrated its Cross-Chain Interoperability Protocol (CCIP) on the Coinbase layer 2 network, Base. According to a Sept 27 press release, the cross-chain interoperability protocol is now live on Base giving the network’s developers access to the whole structure for building web3 products and services…. Read More: Chainlink’s Cross Chain Protocol…
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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 significant growth, with a remarkable 97.21% increase in TVL. On the other hand, Solana…
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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. The total value locked (TVL) on Coinbase’s layer 2 network Base has surged to $397.32 million in roughly a month and a half since launching in August.…
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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, offering token-gated channels where users can buy and sell access tokens. Both platforms…
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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 million. Layer Two Base Chain Sees Continued Growth The…
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