As Base embraces USDC, will it cause a stir in stablecoin markets

Native USDC is set to be deployed on Base in the coming week. USDC remains behind USDT in market capitalization. A significant milestone was on the horizon for Base, as the CEO of Circle hasThe post As Base embraces USDC, will it cause a stir in stablecoin markets appeared first on AMBCrypto. дальше »

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Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal

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. дальше »

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Base Network Gears Up For USDC Integration, Circle CEO Jeremy Allaire Confirms

Circle’s CEO Jeremy Allaire has announced that USDC will be launched natively on the Base Network platform next week. Allaire took to social media platform X (formerly known as Twitter) to share this news, emphasizing the benefits and implications of this integration. дальше »

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Friend.tech imposes penalties on fork users amid revenue slump 

Friend.tech, a decentralized social media app built on the Base blockchain, has announced punitive measures against users who opt for forks or copycat versions of its platform. дальше »

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Friend.tech's sudden rise and current issues: Diving into its impact on Base 

Frind. tech’s key metrics have recently suffered close to a 90% decline from their peaks. Base, however, maintained regular activities despite the decline. Friend. tech garnered significant The post Friend. дальше »

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Arbitrum (ARB) Price Nears All-Time Low as Investors Switch Focus to Rival L2 Chains

The ‘superchain’ partnership between rival Base and Optimism appears to have impacted Arbitrum native token price negatively.  Can ARB price bounce back? The post Arbitrum (ARB) Price Nears All-Time Low as Investors Switch Focus to Rival L2 Chains appeared first on BeInCrypto. дальше »

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New Layer 2s Are Growing Fast — Is Tokenless the Future?

Layer 2 blockchains like Base, which has been the fastest ever L2 to reach a million, have embraced a tokenless design to create a more Ethereum-like experience. The post New Layer 2s Are Growing Fast — Is Tokenless the Future? appeared first on BeInCrypto. дальше »

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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. дальше »

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$6.4 Million Lost In Latest Base-Native DeFi Protocol Rug Pull

Magnate Finance, a DeFi lending protocol on the Ethereum layer-2 network Base, is reported to have conducted a rug pull, robbing its users of $6. 4 million worth of assets. This event represents the latest troubling incident on the Base network in merely a month of its official mainnet launch. дальше »

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Cardano’s loss to Base leads to ‘zombie chain' tag

Base's TVL flipped Cardano, causing another round of criticism for the latter. ADA active addresses decreased while development activity spiked. Cardano [ADA], often hailed for its approach The post Cardano’s loss to Base leads to ‘zombie chain' tag appeared first on AMBCrypto. дальше »

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Base becomes fastest L2 to reach 100k users: Decoding how

Base became the fastest L2 to reach 100,000 users. The project is now looking to become fully decentralized with the help of Optimism. Only 56 days after its official launch, Coinbase’s BaThe post Base becomes fastest L2 to reach 100k users: Decoding how appeared first on AMBCrypto. дальше »

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Multichain $1.5B hack investigation, Shibarium eyes relaunch, Base, Optimism join hands: Finance Redefined

Top-100 DeFi tokens had another mixed week, with most of the tokens trading in a similar range as last week with minor price fluctuation. дальше »

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Optimism Foundation proposes a 118M OP grant to Base

The Optimism Foundation and Coinbase-backed layer-2 platform Base eye shared governance of OP Chains. Base will receive 118 million OP token spread over six years. The Optimism Foundation and Base, a Layer 2 on the OP Stack, are looking to cooperate further in the quest to enhance security, scalability and decentralisation in the Optimism Collective […] The post Optimism Foundation proposes a 118M OP grant to Base appeared first on CoinJournal. дальше »

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Magnate Finance's shocking rug pull shakes Base users; millions lost

The Magnate Finance rug pull is amongst a long list of such attacks afflicting the DeFi sector. The total value locked amounted to $6.4 million. Magnate Finance, a decentralized finance (DeFThe post Magnate Finance's shocking rug pull shakes Base users; millions lost appeared first on AMBCrypto. дальше »

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Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth

Magnate Finance first deleted its Telegram channel and X account followed by taking down the website before pulling the plug on its TVL. дальше »

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Magnet Finance rug pulls $6.4m on Base L2

Coinbase’s Base L2 network faces a new setback as Magnate Finance orchestrates a $6.5 million exit scam using price oracle manipulation. On Aug. 25, ZachXBT, an on-chain analyst and crypto expert, sent out a community alert through X (previously known… дальше »

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New $5M exit scam fears as DeFi grows on Base with 1inch Network launch

1inch Network has announced its expansion to Base, a Layer-2 Ethereum scaling solution incubated by renowned crypto exchange Coinbase. This strategic move aims to offer 1inch users access to deeper liquidity, lower transaction costs, and higher speeds, further enriching their trading experience. дальше »

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Base Shatters All Records, Explodes Past 100,000 Users in Just 56 Days After Launch

In a remarkable feat, Base by Coinbase has become the fastest Layer 2 (L2) solution to reach 100,000 users, achieving this milestone a mere 56 days after its launch. The metric shared by crypto research platform Delphi Digital, gauged by unique addresses, underscores the burgeoning interest in scalable and efficient blockchain solutions. дальше »

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Magnate Finance Pulls $6.5M Exit Scam on Base L2 Weeks After BALD Token Debacle

Magnate Finance has reportedly exit scammed with $6. 5 million from Coinbase's Base layer-2 network, using price oracle manipulation of DAI and wETH. This follows a $23 million rug-pull involving BALD tokens. дальше »

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Friend.tech Frenzy: MEV Bots Pocket Over $2 Million On Platform By Sniping “Keys”

Barely two weeks after going live on the Base network, Friend. tech has grabbed the attention of the cryptocurrency space. At the same time, the decentralized social media platform has gained interest from numerous maximal extractable value (MEV) bot deployers. дальше »

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Top Game Dapp Iskra to Launch Clashmon During Base Mainnet Onchain Summer Roll Out

Base opened mainnet for everyone on August 9 with their on-chain Summer campaign, featuring over 50 leading brands to connect users with the best on-chain art, music, and games daily throughout August. дальше »

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1inch Launches DEX Aggregation Protocol On Base Network

Decentralized exchange (DEX) aggregator 1inch Network has announced the expansion of its operations to Coinbase’s Ethereum layer 2 (L2) network, Base.   1inch’s Aggregation And Limit Order Protocols Go Live On Base In a blog post published on Thursday, August 24, 1inch disclosed the deployment of its aggregation protocol and limit order protocol on the Coinbase-incubated Base network. дальше »

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Is 1INCH about to witness a bullish pivot? This integration could be why

1Inch's integration with Base shows promise and the Ethereum layer 2 enjoys a strong start. 1INCH's price action may soon shift to a bullish outcome as whales ramp up accumulation. 1inch annThe post Is 1INCH about to witness a bullish pivot? This integration could be why appeared first on AMBCrypto. дальше »

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1inch DEX aggregator deploys on Ethereum’s layer-2, Base

1inch Network is integrating its decentralized exchange (DEX) aggregation protocol on Ethereum's layer-2 solution, Base дальше »

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Base, Optimism unveil shared governance and revenue-sharing framework

The two networks will share profits and governance using multisignature wallets, and a “security council” will be formed as the ecosystem grows. дальше »

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Circle запускает стейблкоин USDC на шести новых блокчейнах

Компания Circle — эмитент популярного стейблкоина USD Coin (USDC) — сообщила, что запустит его в шести новых сетях: Base, Cosmos (через Noble), NEAR, Optimism, Polkadot и Polygon. Запуск стейблкоина на новых блокчейнах произойдет в сентябре и октябре. дальше »

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Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality

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. дальше »

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What is Base? Unpacking Coinbase’s new layer-2 network and its impact

Base, Coinbase’s new layer-2 blockchain network, was built to enhance Ethereum’s capacity for decentralized applications, improve user interfaces, and reduce transaction costs. Let’s explore how it works, its implications, and its challenges. дальше »

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The Protocol: Coinbase Blockchain's Viral Use Case Puts Focus on Optimism's Tech

The week in blockchain tech: Crypto-fueled social marketplace Friend.tech goes viral on Coinbase's new Base blockchain, Shiba Inu community's "Shibarium" network aims for fresh start, and Ethereum experts handicap the competition between leading technologies for layer-2 networks. дальше »

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Стало известно, на каких блокчейнах запустят стейблкоин USDC

В ближайшие два месяца компания Circle добавит поддержку стейблкоина USD Coin (USDC) в шести блокчейнах, включая Base, Cosmos (через сетевое решение Noble), NEAR, Optimism, Polkadot и Polygon PoS, всего будет 15 блокчейнов, пишет РБК Крипто со ссылкой на Fortune. дальше »

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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). дальше »

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USDC to launch on Base, Polkadot and four more platforms

Circle, the issuer of USDC, said the stablecoin will now be available on six more blockchains and layer-2 platforms, including Base and Polkadot дальше »

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Base’s TPS surpasses Ethereum, Optimism and Arbitrum lag

friend.tech, a new application on Base, ensured that the L2 transaction outpaced others in the Ethereum ecosystem. Base's TVL surged, as the amount bridged exceeded $253 million. As it standThe post Base’s TPS surpasses Ethereum, Optimism and Arbitrum lag appeared first on AMBCrypto. дальше »

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Coinbase CEO Unveils Key Trigger for Base's Impressive TPS

Coinbase's Base raises its TPS bar as CEO reveals key reason behind it дальше »

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Assessing the rise and fall of Cardano

Cardano was briefly displaced by Base in terms of TVL on 22 August. A look at user activity on Cardano revealed a decline in the last month.  During the intraday trading session on 22 AugusThe post Assessing the rise and fall of Cardano appeared first on AMBCrypto. дальше »

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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. дальше »

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Binance US shifts to ‘crypto-only’ after dropping USD, MoonPay becomes new on-ramp

Prompted by regulatory pressures, Binance. US is transitioning to a crypto-only exchange, replacing USD with USDT as its base asset. As Binance reported, this move is a strategic response to banking partners suspending USD channels following the Securities and Exchange Commission (SEC) lawsuit. дальше »

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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. дальше »

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Base Blockchain by Coinbase Hosts over 500 Suspect Tokens; Big Players Eye This Shiba Inu Contender

The trend of meme coins incorporating play-to-earn (P2E) games into their ecosystems is becoming increasingly popular in decentralized finance (DeFi). As the popularity of such meme coins continues to rise, the search for the best DeFi cryptocurrency with the most intriguing gameplay and attractive rewards intensifies. дальше »

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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 дальше »

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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 […] дальше »

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Friend tech renames token to Keys amid speculation of SEC scrutiny

Decentralized social media platform Friend. tech has renamed its token to “Keys” to better align with its purpose, according to an Aug. 21 statement. Friend. tech, a decentralized app based on the Base Layer-2 network, said the original name, Shares, was a placeholder that needed to be changed to reflect its purpose better. дальше »

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Chainlink (LINK) vs. VC Spectra (SPCT) vs. Avalanche (AVAX): Who Will Reign Supreme in Gains?

With Chainlink (LINK) showing signs of recovery following the launch of its price feeds on Base and Avalanche (AVAX) announcing a $50 million fund to drive tokenization, VC Spectra (SPCT) continues to waves in the crypto world with an anticipated 220% gain from its public presale. дальше »

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Friend.tech DApp Denies Doxxing 100,000 Users With Leaked Database

Decentralized social media app friend.tech leaked Twitter IDs of user base.

The post Friend.tech DApp Denies Doxxing 100,000 Users With Leaked Database appeared first on BeInCrypto.

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Aave eyes Base as new home for V3 in the wake of Curve hack

A proposal for the launch of Aave's V3 iteration on Base has been approved by community members. AAVE sees increased distribution, putting downward pressure on its price. Aave’s [AAVE] govThe post Aave eyes Base as new home for V3 in the wake of Curve hack appeared first on AMBCrypto. дальше »

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Base Transaction Volume Briefly Tops Optimism and Arbitrum Despite Scams

Coinbase layer2 network Base saw its transaction volume briefly usurp that of Arbitrum and Optimism during the week. The post Base Transaction Volume Briefly Tops Optimism and Arbitrum Despite Scams appeared first on BeInCrypto. дальше »

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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. дальше »

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3 Scams, One Week: Optimism and Base beset by Hacks and Rugs

Hacks and Rugs Shake Optimism and Coinbase's Base Ecosystem. дальше »

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Exploring Coinbase's future amid L2 growth and grants

Base's Layer 2 gained traction amid Coinbase's legal challenges. Coinbase's growth potential mirrored Base's impressive statistics and positive regulatory developments. Base, the Layer 2 solThe post Exploring Coinbase's future amid L2 growth and grants appeared first on AMBCrypto. дальше »

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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. дальше »

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