The “failed” blockchain games are those that have seen their 14-day moving average number of active users down more than 99% from its peak. More than three-quarters of all blockchain games launched in the last five years are dead in the water, according to a recent study from CoinGecko. Out of 2,817 games launched between…
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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’s Base Grows to $175 Million TVL As one of the pioneer…
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Around 30% of Base’s users on Aug. 10 were new to the blockchain, which launched only a day prior. Daily active users on Coinbase’s layer 2 blockchain have exceeded 100,000 for the first time, just the day following the official launch of the network. Dune Analytics figures from Aug. 10 show over 136,000 daily users,…
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