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Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base

Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base

Global investment firm Franklin Templeton’s proprietary blockchain-integrated record-keeping system Benji is now on crypto exchange Coinbase’s Base. With the development, the Franklin OnChain U.S. Government Money Fund (FOBXX) – which invests at least 99.5% of its total assets in U.S. government securities, cash and repurchase agreements – can now be traded on the Ethereum (ETH) […]

The post Franklin Templeton Expands Blockchain Record-Keeping System Benji to Ethereum Layer-2 Scaler Base appeared first on The Daily Hodl.

Grayscale files updated prospectus for its Bitcoin Covered Call ETF

Coinbase Launches New Tool for Creating On-Chain Artificial Intelligent Agents on Base

Coinbase Launches New Tool for Creating On-Chain Artificial Intelligent Agents on Base

Top US crypto exchange Coinbase has created a new tool that allows users to build artificial intelligence (AI) agents on the Base blockchain. In a video posted on the social media platform X and shared by CEO Brian Armstrong, Coinbase developer Lincoln Murr introduces “Based Agent,” which he says can create AI agents with full […]

The post Coinbase Launches New Tool for Creating On-Chain Artificial Intelligent Agents on Base appeared first on The Daily Hodl.

Grayscale files updated prospectus for its Bitcoin Covered Call ETF

Decentralized Social Network Token DEGEN Drops 27% in Days Following New Coinbase Listing

Decentralized Social Network Token DEGEN Drops 27% in Days Following New Coinbase Listing

A decentralized social media altcoin is nosediving just days after gaining support from the top US crypto exchange platform. New data reveals that social media token DEGEN went from a weekly high of $0.011 to $0.008 since being adopted by Coinbase on October 15th, a 27% drop. According to DEGEN’s website, the digital asset is […]

The post Decentralized Social Network Token DEGEN Drops 27% in Days Following New Coinbase Listing appeared first on The Daily Hodl.

Grayscale files updated prospectus for its Bitcoin Covered Call ETF

Radiant Capital halts lending after exploit

Approximately $58 million has been lost from a cybersecurity breach at the lending protocol, one expert said. 

Radiant Capital halted its lending markets after the cross-chain lending protocol suffered a more than $50 million cybersecurity breach on BNB Chain and Arbitrum, according to Radiant and two cybersecurity experts.

“Radiant Capital contracts were exploited on BSC & ARB chains with the ‘transferFrom’ function, which allowed to drain users’ funds, namely $USDC $WBNB $ETH and others,” Web3 cybersecurity firm De.Fi Antivirus said in an Oct. 16 post on the X platform.

De.Fi said the exploit drained approximately $58 million, mirroring estimates from another cybersecurity firm, Ancilia Inc., which pegged losses at around $50 million, according to another X post.

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Grayscale files updated prospectus for its Bitcoin Covered Call ETF

Crypto Investor Arthur Cheong Predicts Base Will Flip Coinbase’s Centralized Exchange Platform Volume

Crypto Investor Arthur Cheong Predicts Base Will Flip Coinbase’s Centralized Exchange Platform Volume

Venture capitalist Arthur Cheong thinks Coinbase’s Ethereum (ETH) layer-2 scaling solution Base is primed to witness a surge in trading volume. The DeFiance Capital CEO predicts on the social media platform X that on-chain spot decentralized exchange (DEX) volume on Base will flip Coinbase’s centralized exchange (CEX) volume “within six to 12 months.” “Makes logical […]

The post Crypto Investor Arthur Cheong Predicts Base Will Flip Coinbase’s Centralized Exchange Platform Volume appeared first on The Daily Hodl.

Grayscale files updated prospectus for its Bitcoin Covered Call ETF

Coinbase Ethereum Scaling Solution Primed To Become Largest Layer-2 Blockchain by End of 2024: IntoTheBlock

Coinbase Ethereum Scaling Solution Primed To Become Largest Layer-2 Blockchain by End of 2024: IntoTheBlock

Market intelligence platform IntoTheBlock says Coinbase’s Ethereum (ETH) scaling solution is on track to become the largest layer-2 (L2) blockchain by the end of the year. In a new report, IntoTheBlock says that key metrics indicate Base is experiencing exceptional growth this year. IntoTheBlock first looks at Base’s total value locked (TVL), the metric representing […]

The post Coinbase Ethereum Scaling Solution Primed To Become Largest Layer-2 Blockchain by End of 2024: IntoTheBlock appeared first on The Daily Hodl.

Grayscale files updated prospectus for its Bitcoin Covered Call ETF

Bitwise CIO Matt Hougan Says He’s ‘Struck’ by Two Charts From One Solana (SOL) Rival

Bitwise CIO Matt Hougan Says He’s ‘Struck’ by Two Charts From One Solana (SOL) Rival

Bitwise chief investment officer Matt Hougan is pointing out metrics for one Solana (SOL) competitor that he says are impressive. Hougan tells his followers on the social media platform X that out of all the charts he’s looked at recently, the on-chain metrics of Aptos (APT) are standing out the most. He shares charts showing […]

The post Bitwise CIO Matt Hougan Says He’s ‘Struck’ by Two Charts From One Solana (SOL) Rival appeared first on The Daily Hodl.

Grayscale files updated prospectus for its Bitcoin Covered Call ETF

L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security

L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term SecurityEthereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling. Growing L2 Adoption Raises Concerns […]

Grayscale files updated prospectus for its Bitcoin Covered Call ETF

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB)

Top US-based crypto exchange Coinbase is teasing its new wrapped version of Bitcoin (BTC) to Ethereum (ETH) layer-2 scaling solution Arbitrum (ARB). In a new announcement on the social media platform X, Coinbase Assets tells its audience that Coinbase Wrapped Bitcoin (cbBTC) is “coming soon” to the smart contract platform Arbitrum. Earlier this month, Coinbase […]

The post Coinbase Teases Coinbase Wrapped Bitcoin (cbBTC) Expansion to Ethereum (ETH) Rival Arbitrum (ARB) appeared first on The Daily Hodl.

Grayscale files updated prospectus for its Bitcoin Covered Call ETF

Vitalik tells Ethereum L2s ‘Stage 1 or GTFO’ — Who makes the cut?

According to L2Beat, six Ethereum layer 2s have already reached Stage 1, while most others are still stuck at Stage 0.

Ethereum co-founder Vitalik Buterin stated on Sept. 12 that he will no longer consider a network a “layer 2” if it has not reached “Stage 1” by the end of the year.

“The era of rollups being glorified multisigs is coming to an end,” he stated, adding that “the era of cryptographic trust is upon us.” 

The question of whether a network is a layer 2 isn’t just a technicality for the Ethereum community.

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Grayscale files updated prospectus for its Bitcoin Covered Call ETF