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OP Labs, the company behind Optimism, has gotten some heat in the past about not having fraud proofs securing its mainnet, including from the CEO of Offchain Labs, Optimism’s competitor and the company behind the Arbitrum blockchain, who tweeted: “Without fraud proofs, Ethereum provides zero security.” Source
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coca-Cola, the world’s largest soft drinks brand, has launched its NFT collection on the new Coinbase layer-2 network Base. Coca-Cola has taken another stride into the digital art with its inaugural NFT collection on the Coinbase layer-2
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Crypto-friendly Senator Cynthia Lummis has filed an Amicus Brief supporting Coinbase’s motion to dismiss the U.S. Securities and Exchange Commission's lawsuit against the firm. An Amicus Brief is a document filed in court by a party that is not directly involved with the related case. They are generally used to
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In a move that can reshape the digital payments landscape, financial technology giant PayPal has unveiled its United States dollar-pegged stablecoin PayPal USD (PYUSD). In line with expectations, the launch has ignited a complex debate within the crypto community.Ethereum’s daily active user base hovers between 300,000 to 400,000, which is a
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The lure of meme-coin fortunes – such as BALD, which jumped 4,000,000% before collapsing – in a starved market likely helped Base attract some $68 million in ether (ETH) in less than 48 hours. At the time, Base ended up recording over $200 million in trading volumes and more transactions
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Coinbase has publicly launched its Base mainnet, introducing a platform with over 100 dapps and several service providers. Coinbase launched its Base mainnet to the public on Aug. 9. Its ecosystem contains over 100 decentralized applications (dapps)
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Shiba Inu lead developer Shytoshi Kusama has responded to Coinbase’s Onchain Summer campaign. Kusama suggested that the crypto exchange’s campaign appeared to have similarities with the ideas initially presented by the Shiba Inu community.Kusama responded to Coinbase’s CEO Brian Armstrong’s update with the statement, “If it isn’t a shadowcat, it’s
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Base is officially going live next week, and some small-cap token hunters are already laying bets. Source
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"In his ruling, U.S. District Judge Jed Rakoff of the Southern District of New York rejected Judge Torres’ distinction between institutional sales and sales to retail investors on crypto exchanges, which he characterized as a misinterpretation of the Howey test used to determine if an asset is a security,” analysts
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Meme coin BALD’s 4,000,000% surge seemed to spark the huge inflows to the nascent crypto bridge. Source
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