Category: BASE

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Coinbase’s BASE Shows Teeth As TVL Nears Solana

Ethereum-based Layer 2 network “Base” has put on an impressive performance yet again, with its Total Value Locked (TVL) coming close to one of the most notable blockchains. Coinbase’s BASE Has Outperformed Solana Coinbase’s layer 2 blockchain network, Base, has seen an upward trajectory movement since it was introduced to the public, outperforming some of…
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Examining the Concept of Flatcoins: Crypto Tools to Battle Inflation

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 as a crypto-based solution for the…
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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

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 Ecosystem Fund, LBRY Appeals SEC-related Court Decision  Read more »Sign up…
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Base’s ‘Onchain Summer’ saw over 700K NFTs minted from 268K users in August

The “Onchain Summer” promotion drove activity to the new network, with hundreds of thousands of users minting NFTs in August. The Base network’s “Onchain Summer” promotion in August resulted in over 700,000 nonfungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team. Coinbase launched Base, its Ethereum…
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Ether price risks losing the $1.6K support as multiple ETH price metrics decline

A lack of network activity and ground lost to competitors could eventually play a role in ETH losing the $1,600 support. Ether’s price surged by 31.3% from March 10 to March 18, coinciding with the Federal Reserve’s injection of $300 billion to address the insolvency of Silicon Valley Bank. Since then, Ether’s (ETH) price has consistently maintained a…
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USD Coin officially expands to Base and Optimism networks

Circle’s USDC is now available natively on Base and Optimism, and Coinbase accounts can transfer the stablecoin to Base for the first time. Circle’s USD Coin (USDC) has launched natively on both the Base and Optimism networks, allowing Circle account holders to send the stablecoin from their accounts to either network. Coinbase has also made…
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Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months

The newest layer two (L2) blockchains are being adopted at record speeds, with some reaching one million users within weeks rather than months, according to a study by Coingecko. L2 Blockchains Hit One Million Users Faster Than Ever, Coingecko Study Shows A layer two (L2) blockchain runs alongside an existing blockchain like Ethereum to improve…
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Today in Crypto: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro

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: 5-Country Joint Advisory Report Warns About Russian Malware Targeting Crypto Users, IBM Shares 5 Points for Success of Digital Euro  Read more »Sign up for e-EUR – the…
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Base TVL Surges By 76% Amidst New DeFi Protocol Hype

Base, an Ethereum layer 2 (L2) network developed by prominent cryptocurrency exchange Coinbase, has seen its total value locked (TVL) soar to new heights on Friday, August 31. This surge was triggered by the recent launch and growing hype around the decentralized exchange (DEX) platform Aerodrome. Total Value Locked on Base Reach $333 Million The…
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Base Chain TVL Surpasses Cardano As Interest Swells

Ethereum Layer 2 network “Base” has surpassed Cardano in terms of Total Value Locked (TVL) in just two weeks after its official launch, despite Cardano experiencing a multi-year head start in growth and development.  Base TVL And Trading Volume Rises Above Cardano Presently, Cardano is facing criticism from users due to its TVL falling below…
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