BaSe Financial News

20.10 / 04:49

business Blockchain Adoption coinbase BaSe open Coinbase open sources code for layer-2 network Base

Coinbase layer-2 network Base has announced it has open-sourced its code repositories and smart contracts to increase transparency and accountability while simultaneously allowing public contributions to the project.

16.10 / 18:43

Blockchain Ethereum Polygon layer2 zk-Rollup BaSe manta zk ZK-focused Manta Pacific opts out of OP Stack for Polygon CDK

Manta, a blockchain network focusing on zero-knowledge (ZK) applications, will migrate its software from OP Stack to Polygon CDK, according to an October 16 announcement. This means that Manta will not be integrated into the upcoming Optimism Superchain and will instead become part of the Polygon ecosystem.

10.10 / 11:29

Ethereum Optimism Arbitrum Layer-2 BaSe Layer 2 Networks Account For Nearly Two-Thirds of Ethereum Transactions: Report

Ethereum’s layer 2 networks have gained significant traction in the past few years as developers seek faster and cheaper solutions to interact with the blockchain.

09.10 / 13:43

ETF BaSe Backed Backed Launches bIB01: A Tokenized Security Tracking US Treasury Bonds on the Blockchain

Swiss-based real-world asset tokenizer Backed has introduced its latest tokenized security product, bIB01, on the Base blockchain, Coinbase's Layer 2 (L2) network.

03.10 / 16:11

Blockchain Ethereum defi Scalability layer2 BaSe network Optimism network launches testnet fault-proof system in pursuit of decentralization

OP Labs, the developer of the Optimism network, launched a testnet version of its fault-proof system, according to an Oct. 3 blog post. Once it completes testing, it will allow for “a more decentralized and efficient Superchain,” the post stated. The new system is currently deployed to the Optimism Goerli network.

29.09 / 20:09

Blockchain Ethereum NFT defi DEX Scams BaSe Pond0x DEX claims $100M in trading volume as critics allege it’s a scam

The Pond0X decentralized exchange (DEX) has reached more than $100 million in total trading volume, according to a September 28 social media post from its official channel. Investors previously lost over $2 million in the launch of the exchange’s native token, PNDX, when the coin turned out to have a transfer function that allowed anyone to transfer it without the owner's permission. But supporters claim these losses were not the fault of the developer.

27.09 / 17:21

Ethereum coinbase Chainlink BaSe Chainlink’s Cross Chain Protocol Goes Live On Base: Here’s The Latest

Blockchain oracle network Chainlink has integrated its Cross-Chain Interoperability Protocol (CCIP) on the Coinbase layer 2 network, Base.

23.09 / 16:35

solana coinbase BaSe network Base Network Outstrips Solana's TVL as Summer Lull Draws to a Close

Coinbase's layer-2 network, Base, has surpassed Solana (SOL) in terms of total value locked (TVL).

23.09 / 02:31

Blockchain defi solana coinbase layer2 BaSe surges Base surges past Solana as total value locked nears $400M

The total value locked (TVL) on Coinbase’s layer 2 network Base has surged to $397.32 million in roughly a month and a half since launching in August. That figure now places Base ahead of the Solana network in terms of TVL, which has $358.96 million at the time of writing.

22.09 / 19:11

Ethereum BLOCK Platform Arbitrum BaSe show social Friend Post.Tech, Friend.Tech's Rival, Sees Surge with $1.8 Million Daily Trading Volume

In the world of social media, competition is fierce, and when it comes to token-gated channels, pioneer Friend.Tech dominated until rival Post.Tech recently experienced a surge in daily trading volume, The Block reported on Thursday.

17.09 / 08:47

Blockchain NFT coinbase layer2 BaSe network Base Network hits almost 2M transactions in a day, still lags Polygon, BSC

Coinbase layer-2 network Base hit a new peak in terms of daily transactions, breaking its former record when it was launched in August, according to data from blockchain explorer BaseScan.

11.09 / 03:01

business Adoption defi Social Media coinbase BaSe Friend Friend.tech TVL tops $20M weeks after being declared ‘dead’

Decentralized social media platform friend.tech has seen a sudden surge in total value locked (TVL), doubling to reach more than $20 million within the last four days.

06.09 / 17:43

Ethereum Art NFT coinbase Artists partnership BaSe Onchain Base's 'Onchain Summer' saw over 700K NFTs minted from 268K users in August

Base network’s “Onchain Summer” promotion in August resulted in over 700,000 non-fungible tokens (NFTs) minted by over 268,000 unique wallets, according to a Sept. 6 announcement from the team.

05.09 / 23:01

Blockchain coinbase BaSe Base suffers first major outage since launch

Coinbase's Ethereum layer-2 network Base has suffer its first major outage since its public launch on Aug. 9.

05.09 / 17:03

Ethereum Stablecoin Adoption defi coinbase layer2 BaSe USD Coin officially expands to Base and Optimism networks

Circle’s USD Coin (USDC) has launched natively on both Base and Optimism networks, allowing Circle account holders to send USDC stablecoin from their accounts to Base or Optimism. Coinbase has also made USDC transfers to Base available, according to a Sept. 5 social media post. Circle claimed that it is working with “ecosystem partners” to develop a system for users to swap old, bridged versions of USDC for the new, official versions.

29.08 / 19:33

Ethereum Stablecoin defi coinbase Circle Usd Coin BaSe network week USDC will launch natively on Base network 'next week' — Jeremy Allaire

Circle’s United States dollar stablecoin, USDC, will launch natively on the Base network “next week,” according to an Aug. 29 social media post from CEO Jeremy Allaire. The new version will replace the current US Dollar Base Coin (USDbC) that most users rely on as a substitute.

29.08 / 18:11

DEX BaSe network Velodrome to Introduce Aerodrome DEX on Coinbase's Base Network

Decentralized finance (DeFi) protocol Velodrome has launched Aerodrome, a new decentralized exchange (DEX) built for Coinbase’s layer 2 blockchain Base.

29.08 / 00:11

business Ethereum Social Media community BaSe Friend Friend.tech threatens to punish users if they use copycat apps

Crypto’s newest decentralized social media (DeSo) app friend.tech has been met with intense criticism over a decision to punish users who opt in to forks or copycat versions of its tokenized social media platform.

25.08 / 13:35

business defi coinbase Scams Decentralized Exchange Decentralization BaSe Magnate Finance on Base rug-pulls users of $6.5M, as predicted by on-chain sleuth

Magnate Finance, a lending and borrowing platform on Coinbase’s layer-2 protocol, Base, has rug-pulled its users of $6.5 million hours after on-chain sleuths like ZachXBT warned about the possibility of an exit scam due to several actions of the founders of the project.

25.08 / 07:09

coinbase Layer-2 BaSe network Popular Decentralized Exchange 1Inch Partners with Coinbase's Base Network to Expand Liquidity Aggregation

Popular Decentralized exchange aggregator 1inch partners with Coinbase's Ethereum Layer 2 network Base to deploy its 1inch Aggregation Protocol and the 1inch Limit Order Protocol.

25.08 / 06:19

defi BaSe exit Magnate Finance Website Goes Offline as Users Fear $6.4 Million Exit Scam

Magnate Finance on Base has deleted its Telegram group and took its website offline earlier today, sparking fears of a yet another exit scam.

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