How L2 chains boosted Ethereum's user base

Scaling solutions handled 5.17x more transactions than the base layer in the last seven days. The TVL on ETH L2s jumped fourfold over the last year. The Ethereum [ETH] layer-2 (L2) landscapeThe post How L2 chains boosted Ethereum's user base appeared first on AMBCrypto.

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Chainlink CCIP deploys on Base, an Ethereum layer-2

Chainlink has launched its Cross-Chain Interoperability Protocol (CCIP) on Coinbase's Ethereum Layer 2 scaling solution, Base

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Charles Talks, Base Chain Walks All Over Slow-Mo Cardano

In the rapidly evolving world of blockchain platforms, speed is everything. And by that metric, Cardano is falling way behind. Just two weeks after its official launch, Ethereum layer 2 Base Chain has already surpassed Cardano in total value locked (TVL).

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Friend.tech driving Base transaction spike, Coinbase CEO reveals

Brian Armstrong, Coinbase CEO, highlighted how Friend. tech, a decentralized social application, is helping to fuel the growth and adoption of his exchange-backed Ethereum (ETH) layer-2 network, Base.

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Coinbase’s Base L2 Transactions and Activity Eclipses Layer-2 Leaders

Coinbase's layer-2 network, Base, has seen a surge in transactions, predominantly driven by the crypto social media dapp Friend. Tech. Despite skepticism about the figures, Base briefly surpassed Ethereum and layer-2 leaders Arbitrum and Optimism.

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Friend.Tech Hype Sees Base Surpass Rival Layer 2 Blockchains in Average Transactions per Second

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

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Friend Or Foe? Friend.tech Social Media Platform Potentially Getting SEC Attention

Friend.tech, the pioneering decentralized social media platform developed by the creators of Stealcam, has taken the digital world by storm in its mere two weeks of existence.  This innovative app, built on Coinbase’s Base scaling network for Ethereum, has introduced a revolutionary concept – enabling users to buy and sell “keys,” originally referred to as […]

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How newcomer Base has rattled Ethereum Layer 2 leaders

Increased L2 adoption has led to a jump in transaction count across Ethereum Mainnet and major optimistic rollups. Due to the launch of friend.tech, Base outperformed Optimism and Arbitrum lastThe post How newcomer Base has rattled Ethereum Layer 2 leaders appeared first on AMBCrypto.

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The Protocol: Blockchains Keep Launching, From Sei to Shibarium

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.

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У проекта на блокчейне Base украли $865 000

Проект на блокчейне Base RocketSwap потерял 471 Ether (ETH) на сумму около $865 000 в результате взлома 14 августа. Об этом сообщила команда PeckShield. Хакеру удалось украть 471 ETH, переведя его из Base в Ethereum.

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BALD Deployer Moves Proceeds Of The Rug From Base To Ethereum

In a shocking turn of events, the developer behind the controversial meme coin BALD initiated a series of significant transactions, raising eyebrows within the cryptocurrency community. The events surrounding the deployer’s recent actions have left both the coin’s value and its reputation teetering on the edge.

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Ethereum’s L1 struggles pave the way for L2s to shine

Base's "on-chain summer", alongside rising attention toward Optimism, caused a dip in ETH burned. Projects in the development stage including zkSync and StarkNet also contributed to the decreasThe post Ethereum’s L1 struggles pave the way for L2s to shine appeared first on AMBCrypto.

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Coinbase’s Ethereum layer-2 chain Base is live to the public

Coinbase, a leading U. S. crypto exchange, officially launched Base, its Ethereum layer 2 network, to the general public on August 9, 2023. The Base testnet launched in February, followed by a developer-specific release in July.

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The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.

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Coinbase’s Base mainnet, featuring 100+ dApps, opens to the general public

The Base Network is built on Optimism’s software stack called OP Stack. It is a Layer 2 solution that aims to offer dApps an alternative to Ethereum. Base offers lower transaction fees and higher transaction speeds.

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Coinbase Launches Base Ethereum Layer-2 Blockchain

Explore Coinbase's game-changing launch of Base, an Optimism L2 Ethereum chain, aiming to revolutionize scalability and transform the crypto ecosystem. The post Coinbase Launches Base Ethereum Layer-2 Blockchain appeared first on NFT News Today.

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Coinbase объявила дату запуска публичной версии основной сети Base

Криптовалютная биржа Coinbase заявила о том, что публичная версия основной сети Base выйдет в релиз 9 августа 2023 года. При этом пользователям уже доступен мост между блокчейном и пространством Ethereum.

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BALD price nosedives 90% as deployer removes ETH liquidity

BALD price down nearly 90% as sell-off pressure mounts Data shows prices plummeted as meme coin’s deployer removed all ETH liquidity. Bald is a token recently launched on Ethereum layer-2 blockchain Base.

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Rug pull fears emerge after obscure meme coin surges 10,000% on Coinbase-backed Base network

Over the weekend, meme coin mania returned with new fervor as it reached the Coinbase-backed Ethereum layer-2 network Base. On July 30, BALD, an obscure meme coin with no website, on the L2 solution gained wide attention after its value exploded by more than 10,000% on the decentralized exchange Leetswap to a peak of around $0.

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A Wallet Transferred $121,000 worth of ETH to BASE Network – Here’s How Much They Made in a Single Day

Wallet “0xC57E” recently made a significant move that resulted in substantial earnings according to the data shared by Lookonchain. Wallet “0xC57E” transferred a hefty sum of 65 Ethereum (ETH) to the Base network recently.

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BALD token records astounding 40,000% upside after launch on Base

The meme token recorded astounding gains in 24 hours, reaching a market cap of $70 million. BALD, the newly-launched meme coin that went live on Base, a layer-2 chain created by Coinbase on Ethereum, skyrocketed within hours of its launch to jump to a market cap of $70 million.

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Base’s TVL spikes 48X on BALD meme coin frenzy

The TVL in Base, an Optimism-based layer-2 platform for Ethereum, has surged by 48X, in part due to the hype around the BALD meme coin

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TVL Of Coinbase-Backed Base, A Layer-2 Scaling Solution, Rockets 53%

According to data from L2Beat, the total value locked (TVL) of Base, a layer-2 scaling solution for Ethereum utilizing optimistic rollups, is up 53%. As of the latest figures, the TVL stands at $952,000 as various assets, mainly Ethereum (ETH), are tied up in the layer-2 protocol.

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Ethereum Monthly Burn Surpasses 146,000 ETH As Total Clears $6.5 Billion

Featuring Ethereum Improvement Proposal (EIP) 1559, the London hard fork introduced significant changes to Ethereum’s transaction fee mechanism. Users now pay a base fee that is subsequently burned, effectively removing ether from circulation forever.

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Coinbase Reports 1 Million Base Users Despite SEC Lawsuit

Over one million wallets have deployed smart contracts on Base, Coinbase's Ethereum Layer 2 solution. The participation comes despite Coinbase's ongoing legal troubles. The post Coinbase Reports 1 Million Base Users Despite SEC Lawsuit appeared first on BeInCrypto.

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Coinbase Base Network Releases Roadmap to Mainnet Launch

Coinspeaker Coinbase Base Network Releases Roadmap to Mainnet Launch Coinbase has unveiled the "Path to Mainnet" for its Ethereum Layer 2 network, Coinbase Base, outlining criteria to be fulfilled before the launch.

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Coinbase Ethereum Layer 2 Network Base Readies For Launch

The Coinbase layer-2 network, dubbed 'Base,' is progressing along its roadmap in preparation for launch to mainnet. The post Coinbase Ethereum Layer 2 Network Base Readies For Launch appeared first on BeInCrypto.

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Router Protocol launches testnet for Router Chain

Key takeaways Router Protocol’s Router Chain launches on testnet. Router Chain aims to increase Web3 adoption by solving existing problems in cross-blockchain communications. The testnet is available on Ethereum (Goerli), Polygon (Mumbai), Avalanche (Fuji), Base, and BNB Chain blockchains.

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Starknet releases roadmap to address ongoing challenges, details inside

Starknet's user base expanded 8x over the last two months. The scaling solution grappled with low throughput and high transaction costs. Launched in 2021, Ethereum’s [ETH] layer-2 solutionThe post Starknet releases roadmap to address ongoing challenges, details inside appeared first on AMBCrypto.

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What Is Base? Coinbase’s L2 Network Explained

Coinbase’s Layer 2 Network: A Complete Guide Cryptocurrency exchange giant Coinbase has been making waves in the crypto industry with the launch of its Layer 2 network. This network is designed to enhance transaction speeds and reduce costs on blockchains like Bitcoin and Ethereum, making it an attractive proposition for developers and crypto enthusiasts alike.

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Coinbase exec claims Layer-2 Network could include AML measures

Base's upcoming launch is expected to come with AML features Base is an Ethereum layer-2 network that offers users a secure and convenient way to develop decentralised applications Brian ArmThe post Coinbase exec claims Layer-2 Network could include AML measures appeared first on AMBCrypto.

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Coinbase’s Base integrates Chainlink price feeds

Base, an ethereum layer-2 solution has secured a partnership with Chainlink to integrate the latter’s price feeds into the Base testnet.

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Coinbase Unveils Its Own Ethereum Layer 2 Solution Called ‘Base’; Unrelated BASE Token Pumps 300%

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Coinbase’s ‘Base’ rekindles suspicions over Ethereum’s network neutrality

Coinbase’s Base is a crucial aspect of World Economic Forum (WEF) plans to bring about Central Bank Digital Currency (CBDC) tech, said the host of the Proof of Decentralization Podcast, Chris Blec.

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OPX Finance token soars 182% in 24 hours: Here’s why

Optimism tokens soar after Coinbase news helps inject fresh buying pressure. OPX, VELO and SONNE all spike, with OP also up double digits. Coinbase has launched an Ethereum scaling solution dubbed Base.

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Tokens of Optimism Ecosystem Surge as Coinbase Unveils Its Layer 2 Base

Coinbase said Thursday that it is leveraging Optimism's technology to launch an Ethereum layer 2 scaling product, Base.

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Coinbase анонсировала запуск собственного сайдчейна на базе Optimism

Американская криптовалютная биржа Coinbase запускает собственный сайдчейн на базе Optimism под названием Base. Об этом биржа сообщила у себя в официальном блоге. Ожидается, что новинка станет кросс-чейн мостом, через который пользователи смогут подключаться к различным сайдчейнам экосистемы Ethereum.

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Optimism (OP) Surges 17% As Coinbase Launches L2 On OP Stack

Earlier today, digital asset exchange Coinbase announced the launch of its Ethereum L2 (Layer 2) network called ‘Base’ on the Optimism OP stack. This latest news has sent the Optimism network native token OP up nearly 18% in the last 24 hours.

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Random Cryptocurrency Soars Over 200% on Big Coinbase News

Coinbase's announcement of a new Ethereum layer two (L2) network named Base led to a 234% surge in the random BASE cryptocurrency

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Coinbase Launches Ethereum L2 Network “Base”, Stock Rallies

Coinbase, the second largest crypto exchange, has recently launched a testnet for their newest product “Base,” an Ethereum layer 2 (L2) network. The new product will provide a secure and cost-effective solution for building decentralized applications (dApps) on-chain, per the official announcement.

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Coinbase launches Ethereum L2 network, Base

On Feb. 23, Coinbase, a popular crypto exchange, announced it has developed a base L2 network created using Optimism's OP Stack.

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Coinbase Launches its Own Ethereum Layer 2 Solution

Coinbase announced the launch of its own Ethereum Layer 2 solution, Base, which it plans on fully decentralizing within two years. A Home to Coinbases On-Chain Products Coinbase is creating...

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Coinbase Unveils Ethereum (ETH) L2 Network, Base Following Cryptic Tweet

Base will be new home for Coinbase on-chain products

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Coinbase unveils new Ethereum L2 network powered by Optimism

Coinbase has launched the testnet version of a new Ethereum L2 network - Base The L2 network has been deployed on the OP Stack codebase, giving a push to OP's price on the market Coinbase, aThe post Coinbase unveils new Ethereum L2 network powered by Optimism appeared first on AMBCrypto.

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Coinbase Launches Layer 2 Blockchain Base to Provide On-Ramp for Ethereum, Solana and Others

Base is built on Optimism and Coinbase has no plans to issue a new network token.

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KAVA Is Now Listed on Coinbase, Furthering Ethereum and Cosmos Interoperability

Coinbase, a leading cryptocurrency exchange, has listed Kava, which will help advance Ethereum and Comsos’ interoperability. Following the listing, Coinbase plans to launch a massive Learning Rewards Campaign to educate its user base on how Kava is leading the world to Web 3.

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Coinbase Lists KAVA, Advancing Ethereum–Cosmos Interoperability

Today, Coinbase has listed Kava and will launch a massive Learning Rewards Campaign to educate its user base about how Kava is leading the world to Web3. Kava is a decentralized layer-1 blockchain that combines the speed and interoperability of Cosmos with the developer power of Ethereum.

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Coinbase Lists KAVA, Advancing Ethereum–Cosmos Interoperability

Today, Coinbase has listed Kava and will launch a massive Learning Rewards Campaign to educate its user base about how Kava is leading the world to Web3.

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Ethereum users accumulate, this time off exchanges

Ethereum’s user base continues accumulating assets amid the ongoing market downturns while moving coins off exchanges in a climate of distrust towards centralized service providers. According to the on-chain analytics service Glassnode, Ethereum (ETH) addresses with at least 32 ETH…

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