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

October 15, 2024 The Daily Hodl

Altcoins

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 […]

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Barclays-backed Copper withdraws UK crypto license application

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

October 14, 2024 The Daily Hodl

APT

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 […]

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Barclays-backed Copper withdraws UK crypto license application

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

October 7, 2024 Bitcoin.com

Arbitrum

Ethereum 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 […]

Barclays-backed Copper withdraws UK crypto license application

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

September 27, 2024 The Daily Hodl

Altcoins

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 […]

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Barclays-backed Copper withdraws UK crypto license application

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

September 17, 2024 Coin Telegraph

Arbitrum

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.

Barclays-backed Copper withdraws UK crypto license application

Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks

September 13, 2024 Bitcoin.com

BASE

Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, […]

Barclays-backed Copper withdraws UK crypto license application

Coinbase Announces Launch of 1:1 Bitcoin-Backed, Ethereum-Based Token Coinbase Wrapped Bitcoin (cbBTC)

September 12, 2024 The Daily Hodl

Aave

Top US-based crypto exchange platform Coinbase is announcing the launch of Coinbase Wrapped Bitcoin (cbBTC), a Bitcoin (BTC)-backed Ethereum (ETH)-based token. In a new thread on the social media platform X, Coinbase says that cbBTC is now onchain and ready, meaning that holders of the top crypto asset by market cap can now access decentralized […]

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Barclays-backed Copper withdraws UK crypto license application

Coinbase Reports Its First AI-to-AI Crypto Transaction

September 2, 2024 Bitcoin.com

Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources and engage with humans and other AI systems. He encourages developers to add crypto wallets to support the growth of AI-to-AI […]

Barclays-backed Copper withdraws UK crypto license application

Coinbase CEO Brian Armstrong Predicts Payments Will Be Crypto’s Next Big Boom

August 28, 2024 Bitcoin.com

BASE

Coinbase CEO Brian Armstrong reflects on the past decade of the cryptocurrency industry, highlighting his initial expectation that payments would be the primary application for crypto. Instead, trading became the dominant force. Looking ahead, Armstrong remains optimistic about the future of crypto payments, citing advancements in stablecoins, layer two technologies, and simpler onboarding processes as […]

Barclays-backed Copper withdraws UK crypto license application

Base hits 1M daily active addresses as Basenames takes off

August 27, 2024 Coin Telegraph

BASE

Coinbase layer-2 network Base has notched a record number of daily active addresses amid a surge in growth of the new “basenames” service.

Coinbase layer-2 network Base has topped 1 million daily active addresses amid a massive surge in the number of new “basenames” registered on the blockchain.

Base reached a record 1.05 million daily active addresses on Aug. 24 and has fallen slightly to 1.03 million daily active users as of the time of publication.

This figure represents a 60% growth in the number of daily active addresses since the start of August.

BASE

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