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Maverick Protocol aims to bring ‘MemeFi’ to Base

A newly launched platform dubbed goose.run lets users lend and borrow against memecoins, its team told Cointelegraph.

Maverick Protocol has launched a “MemeFi” platform on Coinbase’s Base network aiming to bring decentralized finance (DeFi) to memecoins, it told Cointelegraph on Dec. 9. 

Dubbed goose.run, the platform is intended as Base’s answer to Pump.fun, the famed Solana (SOL) memecoin platform.

In addition to matching pump.fun’s core functionalities, such as liquidity bootstrapping for new tokens, goose.run also lets users lend and borrow against memecoins. 

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Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

Sui, Franklin Templeton launch ecosystem partnership

The asset manager will support builders on Sui and pilot emerging blockchain technologies on the network. 

Asset manager Franklin Templeton has partnered with Sui to develop new blockchain technologies and use cases on the layer-1 network, Sui said on Nov. 22.

The partnership will prioritize “supporting Sui ecosystem builders and deploying novel technologies leveraging the Sui blockchain protocol,” Sui said.

Franklin Templeton has aggressively expanded its tokenized security products to new blockchain networks, including Ethereum layer-2s Arbitrum and Base.

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Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

FLOKI Flourishes As Coinbase Adds Support for Dogecoin (DOGE)-Rivaling Memecoin

FLOKI Flourishes As Coinbase Adds Support for Dogecoin (DOGE)-Rivaling Memecoin

A dog-themed meme asset that rivals Dogecoin (DOGE) and Shiba Inu (SHIB) is flourishing after gaining support from top US-based crypto exchange platform Coinbase. In a new thread on the social media platform X, Coinbase says it’s adding support for Floki (FLOKI), a memecoin launched in 2021 inspired by billionaire Elon Musk’s pet dog. “Coinbase […]

The post FLOKI Flourishes As Coinbase Adds Support for Dogecoin (DOGE)-Rivaling Memecoin appeared first on The Daily Hodl.

Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

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.

Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

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.

Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

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.

Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

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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Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

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.

Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

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.

Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time

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.

Stablecoin Sector Shatters Records: $234B Milestone as USDC Cracks $60B for First Time