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Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam
25.8.2023
Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam.
Magnate Finance, which holds $6.4 million in Total Locked Value, has ties with other financial exit scams.
Blockchain analyst ZachXBT also warned of...
Base Commits to Decentralization, Collective Growth of The Optimism Collective’s L2 Ecosystem
24.8.2023
The US’s largest cryptocurrency exchange and the largest publicly traded crypto company in the world Coinbase just released a blog post emphasizing its commitment to respecting the principles of decentralization relating to its newly launched layer-2 Ethereum scaling protocol Base.
Base,...
Base, Optimism unveil shared governance and revenue-sharing framework
24.8.2023
The two networks will share profits and governance using multi-signature wallets, and a ‘Security Council’ will be formed as the ecosystem grows
Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality
24.8.2023
The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post
Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second
22.8.2023
Base, the layer 2 blockchain backed by Coinbase (COIN), averaged a record high of 15.88 transactions per second (TPS) over the past 24-hours, beating Ethereum and rival layer 2 blockchains Arbitrum and Optimism
Base Network's Friend.tech App Leads in Activity, Surpassing Arbitrum and Optimism
22.8.2023
Base-based, Twitter-linked Friend.tech app has seen revenue, fees, and activity jump significantly since Friday - surpassing a number of large projects, Layers 2, and Layers 1.
Looking at the revenues at 9:20 on Tuesday morning (CET), over the past 24 hours, Friend.tech took the 3rd place with...
Friend.tech Attracted NBA Influencers. So Why Does Everyone Think Crypto’s Latest Trend Will Die?
21.8.2023
Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.”
Opensea Phases Out BNB Smart Chain Support, Citing Resource Alignment With Promising Efforts
19.8.2023
One of the largest non-fungible token (NFT) platforms, Opensea, has declared its decision to withdraw BNB Smart Chain (BSC) support. Opensea revealed that the “cost to continue supporting BSC outweighs the impact.” Opensea Pivots Away From BNB Smart Chain in Strategy Re-evaluation...
A Based week: Looking back at the first 7 days of Onchain Summer
17.8.2023
In just one week, Base has attracted hundreds of thousands of new users, attention from mainstay brands and artists, and unfortunately, scammers as well
How 'top-heavy' is the PC/console player-base in 2023?
16.8.2023
Also: plenty of discovery and platform news, y'know
SwirlLend rugs on new Coinbase layer 2 Base as large number of scammers reported
16.8.2023
The SwirlLend scam is the second in as many days, and losses on the platform have already mounted into the millions, one week after it opened to users
Base and Linea Users Lose $460,000 as SwirlLend Vanishes in Suspected Exit Scam
16.8.2023
SwirlLend, an Ethereum Layer 2 lending project active on the Base and Linea networks, has reportedly pulled off an exit scam that has resulted in the disappearance of an estimated $460,000 in user deposits.
According to a comprehensive on-chain analysis conducted by cybersecurity firm PeckShield...
Singapore Announces Stablecoin Rules, MAS to Label Regulated Tokens
16.8.2023
The Monetary Authority of Singapore (MAS) unveiled regulations aimed at ensuring the value stability of each stablecoin regulated in the city-state. Under the new rules, issuers that want their fiat-pegged tokens to be labeled as “MAS-regulated” will have to meet certain requirements. Singapore...
Today in Crypto: ETFs 'May Account for 10%' of BTC Market Value in 3 Years, Jacobi Lists Europe's 1st Spot Bitcoin ETF, Binance Asks for Protective Order Against the US SEC, Dasset Exchange Begins Liquidation
15.8.2023
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: ETFs 'May Account for 10%' of BTC Market Value in 3 Years, Jacobi Lists Europe's 1st Spot Bitcoin...
Wall Street Base Token Blasts Up 1,000% and Crypto Whales Say Wall Street Memes is the Next Crypto to Explode – $25 Million Approaching Fast
15.8.2023
As the Wall Street Movement continues to remain a force within crypto markets, Wall Street Base (WSB) has become the latest DEX token to undertake a sensational pump on launch.
With origins in the Occupy Wall Street Movement, anti-bank sentiment has grown into a market force to be reckoned with...
Base project RocketSwap shares emergency plan following $865K exploit
15.8.2023
RocketSwap Labs plans on reaching out to the exploiter on-chain, who stole an estimated $865,000 from the protocol on Aug. 14
Today in Crypto: Apple Pay One-Click Gets Enabled on MetaMask via Banxa, Coinbase Expands Into Canada, Protocols Lead Says Base Network is 'Permissionless'
14.8.2023
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: Apple Pay One-Click Gets Enabled on MetaMask via Banxa, Coinbase Expands Into Canada, Protocols Lead Says...
Coinbase CEO Acknowledges User Concerns and Vows to Enhance App Experience Amidst On-Chain Activity Surge
14.8.2023
Coinbase CEO Brian Armstrong acknowledges that the surge in on-chain activities on the new layer-2 network Base has revealed significant flaws in the user experience of the Coinbase app and is committed to enhancing it.
In an August 13 Twitter post, Armstrong pointed out various issues that have...
Coca-Cola’s NFT Masterpieces on Ethereum Base 2
14.8.2023
Coca-Cola has launched its exclusive “Masterpiece” NFT collection on Base, Coinbase’s Ethereum Layer 2 network, marking the company’s entry into the burgeoning non-fungible tokens (NFT) market. The iconic Coca-Cola bottle serves as the unifying theme for this cutting-edge...
Nifty News: Coca-Cola gest Based, Reddit avatars reach 20M milestone and more
14.8.2023
Coca-Cola has chosen the newly-launched Coinbase layer-2 network Base to deploy its Masterpiece NFT collection