A widely followed crypto analyst believes that Ethereum (ETH) and three other altcoins in its ecosystem are primed for surges. Pseudonymous analyst Kaleo tells his 601,300 followers on the social media platform X that Ethereum is threatening to take out its diagonal resistance at $1,900. According to a chart shared by the analyst, Ethereum may […]
The post Crypto Strategist Predicts Rallies for Ethereum and Three ETH-Based Altcoins – Here Are His Targets appeared first on The Daily Hodl.
Analytics firm IntoTheBlock says that major Ethereum (ETH) layer-2 (L2) protocols are evolving and finding their respective niche. IntoTheBlock says that Ethereum-scaling solutions Base, Arbitrum (ARB) and Optimism (OP) are carving out their own paths and creating a “robust and diverse ecosystem.” Looking at Base first, the analytics firm says that Coinbase’s new layer-2 protocol […]
The post Ethereum Layer-2s Witnessing Surge in Specialization as Key Protocols Carve Out Unique Paths: IntoTheBlock appeared first on The Daily Hodl.
Coinbase’s new Ethereum (ETH) layer-2 scaling solution Base set a new all-time high in terms of daily transactions on Thursday. Base skyrocketed to more than 1.8 million transactions on September 14th, shattering its previous record of around 1.4 million, according to the project’s block explorer. The new layer-2 project actually clocked more transactions that day […]
The post New Coinbase Ethereum Layer-2 Surges to New All-Time High in Daily Transactions, Outpacing Arbitrum and Optimism appeared first on The Daily Hodl.
A widely followed crypto analyst says that one mid-cap altcoin could see a massive correction as whale transactions including the asset see a decline. Crypto trader Ali Martinez tells his 29,900 followers on the social media platform X that blockchain oracle provider Chainlink (LINK) could dip by as much as 50% from its current price. […]
The post Trader Says Ethereum-Based Altcoin Could Crash by Up to 50%, Updates Outlook on Bitcoin (BTC) and Optimism (OP) appeared first on The Daily Hodl.
Coinbase’s new Ethereum (ETH) layer-2 scaling solution briefly surpassed Optimism (OP) and Arbitrum (ARB) this week in terms of daily transactions. According to data provided by each scaling solution’s respective block explorers, Base hit 617,330 transactions on August 13th, compared to 438,559 for Optimism and 544,575 for Arbitrum on the same day. Both Optimism and […]
The post Coinbase’s New Ethereum Layer-2 Briefly Surpasses Optimism and Arbitrum in Daily Transactions: On-Chain Data appeared first on The Daily Hodl.
An Optimism-based (OP) decentralized credit market protocol has been hacked to the tune of millions of dollars worth of Ethereum (ETH). According to the security department of web3 protocol De.Fi, bad actors have stolen about $7.2 million worth of the leading smart contract platform by exploiting Exactly (EXA), an open-source credit market project. “After a […]
The post Hacker Exploits Optimism-Based Decentralized Credit Market for $7,200,000 Worth of Ethereum (ETH) appeared first on The Daily Hodl.
Hundreds of millions of dollars worth of Ethereum (ETH) and other crypto assets have been moved to Coinbase’s new layer-2 scaling solution Base just hours after its launch. New data from Dune Analytics reveals that about $163 million has been moved to the bridge, which is powered by the blockchain-scaling solution Optimism (OP) since it […]
The post Over $160,000,000 in Ethereum and Other Crypto Assets Moved to Coinbase’s Layer-2 Solution Hours After Launch appeared first on The Daily Hodl.
Coinbase CEO Brian Armstrong says that the scaling solutions for Ethereum (ETH) have a better adoption rate than Bitcoin’s (BTC) Lightning Network. In a recent earnings call, Armstrong says that Ethereum’s scaling solutions, such as Polygon (MATIC), Optimism (OP) and Arbitrum (ARB), are seeing heavy adoption. “We’ve been taking a fresh look at it [Lightning […]
The post Ethereum Layer-2s Winning Adoption War With Bitcoin’s Lightning Network: Coinbase CEO Brian Armstrong appeared first on The Daily Hodl.
Leading decentralized exchange (DEX) Uniswap has been deployed on Base, the new Ethereum layer-2 built by US crypto giant Coinbase. Base is powered by the blockchain-scaling solution Optimism (OP), and its testnet first launched in February of this year. Announcing the launch of Base support on X, Uniswap Labs says that users can now execute […]
The post Decentralized Exchange Uniswap (UNI) Now Operating on Coinbase-Backed Layer-2 Base appeared first on The Daily Hodl.
