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Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion
27.3.2024
Coinbase has announced plans to increase the storage of corporate and customer USDC balances on Base, an Ethereum Layer 2 solution incubated by the exchange and built on the open-source OP Stack.
The post Coinbase Ramps Up USDC Reserves on Base with TVL Exceeding $1 Billion appeared first...
Coinbase to Shift USDC Accounts to Its Layer Two Blockchain Base
27.3.2024
Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive...
Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge
20.3.2024
The Ethereum layer-2 chain's status page warns users of high fees and slowdowns as traders flock to new Base meme coins
Ethereum Fees Set to Drop for Arbitrum, Polygon, Starknet, Base. But How Much?
6.3.2024
Leading figures behind layer-2 teams told CoinDesk how Ethereum's upcoming Dencun upgrade will affect their networks
AERO Surges 77% After CB Ventures Invests In Aerodrome Finance
27.2.2024
AERO, the native token of liquidity protocol Aerodrome Finance, jumped by 77% on Tuesday after it was selected by the Base Ecosystem Fund, which is led by CB Ventures
Coinbase’s Rollup Base Updates Roadmap and Goals for 2024
12.1.2024
Base, the Coinbase incubated rollup, has updated its roadmap and goals for 2024. In a blog post, Base informed that it will not only focus on building a development platform but on fostering the decentralization of such an environment, building on-chain apps, and bringing liquidity to...
Bitcoin Spot ETFs Will Introduce Crypto to Broader Investor Base: Coinbase
14.11.2023
Spot ETFs are likely to lay the foundation for a more regulated market, with greater inclusion and a significant growth in demand, the report said
Base network launches 8-week training course for blockchain developers
20.10.2023
Base Bootcamp will offer students weekly meetings with a mentor, a dedicated Discord server, and access to Coinbase and Base engineers, the team stated
Base Code Becomes Open-Source, Coinbase Stresses on Transparency and Partnerships
20.10.2023
Layer 2 network Base has announced its decision to build in the open allowing public access to smart contract codes citing transparency, accountability, and partnerships.
On Oct 19, Base released a statement explaining the decision to go open-source for both developers and the community adding...
Tokenized U.S. Treasuries Arrive on Coinbase’s Base with Backed’s RWA Token Issuance
6.10.2023
The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider
Friend.tech's Revenue Growth Exceeds 10,000 ETH Milestone
2.10.2023
Base-based, Twitter-linked decentralized social network Friend.tech is approaching ETH 11,000 in protocol fees.
Friend.tech is a Social-Fi decentralised application (dapp) deployed on Coinbase’s Base.
According to Dune Analytics, the total protocol fees hit ETH 10,727.622 (or $17,606,837), where...
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...
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
Base suffers first major outage since launch
6.9.2023
Block production on Base abruptly halted for 43 minutes as developers rushed to implement a fix
Study Shows Fastest Growing L2 Blockchains Adopt Users in Weeks, Not Months
2.9.2023
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...
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal
30.8.2023
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit
Popular Decentralized Exchange 1Inch Partners with Coinbase's Base Network to Expand Liquidity Aggregation
25.8.2023
Popular Decentralized exchange aggregator 1inch partners with Coinbase's Ethereum Layer 2 network Base to deploy its 1inch Aggregation Protocol and the 1inch Limit Order Protocol.
With the mainnet launch of Base on August 9th, exchanges like Uniswap, Balancer, and SushiSwap have just joined...
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,...
Coinbase's New Base Blockchain Draws $10 Million Inflows Day After Launch – Here's the Latest
11.8.2023
Base, a new Ethereum layer 2 blockchain that has been developed by crypto exchange Coinbase, saw inflows worth just over $10 million on its first day after launch.
According to data from Dune Analytics, the $10 million were transferred to the network by over the course of 24 hours on Thursday,...