Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars
A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token. Source
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Daily
Coinbase layer-2 network Base hits 136,000 daily active users
Daily active users on Coinbase's layer 2 blockchain have exceeded 100,000 for the first time, just the day following the official launch of the network.Dune Analytics figures from Aug. 10 show over 136,000 daily users, the highest daily number in its short history, which also coincides with the second day
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XRP Daily Transactions Surpass Ethereum
On the back of Ripple’s partial win over the United States Securities and Exchange Commission (SEC), activity on the blockchain has ramped
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Rollbit's RLB Token Rockets 60% as Crypto Casino Bets on Daily Token Burn
Rollbit revenues crossed over $2 million in the past 24 hours across various services, data shows. This means a significant amount – after costs – will use to fund RLB purchases daily. Source
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XDC Token Continues To Record Higher Gains Daily, Can It Achieve $0.1 Mark?
XDC Network is now on its way to the $0.1 target price after encouraging price movements over the past weeks. The token is now among the most searched cryptos ranking fourth on CoinMarketCap’s list of trending cryptocurrencies. However, the question remains: How long can XDC sustain these rallies? Are the bulls
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Worldcoin Hype Causes Optimism to Leapfrog Arbitrum in Daily Transactions
On July 25, Optimism racked up a total of 844,290 transactions compared to Arbitrum's total of 630,534. The rise can be attributed to the release of Worldcoin (WLD), the crypto AI company founded by Chat GPT's Sam Altman, which is based on the Optimism blockchain. Source
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Trader Redeems $12.3M of Rocketpool's Staked Ether to Mark Largest Daily Burn
Rocket Pool, a decentralized Ethereum-based staking service, experienced its largest daily redemption of its rocketpool ether (rETH) token this week, with one trader redeeming $12.3 million worth of the token before sending it to Binance. Original Source
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DeFi Daily Volume Dwindles to 7-Month Lows as Sector Suffers From Hacks
Total value locked (TVL), which measures the amount of capital that is held across all DeFi protocols, slumped from $45.3 billion to $42.9 billion in July as the sector failed to turn the tide against falling asset prices. During this period, ether (ETH) traded down from $1,920 to $1,850 whilst
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Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’
More controversial changes are coming to Twitter, with the social media platform set to introduce daily direct message (DM) limits for unverified users. In a July 21 tweet, Twitter Support stated that the platform will “soon be implementing some changes in our effort to reduce spam in Direct Messages.” “Unverified
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1inch Token Surges 58% as Daily Trading Volume Spikes to 20-Month High; Investor Moves $3.7M to Binance
This creates a fragile market dynamic as market depth, a metric used to assess liquidity over a 2% spread, remains relatively low compared to trading volume. Buy-side market depth of 1inch on Binance is currently $226,272, according to CoinMarketCap. Spot sellers can capitalize on the leveraged trading activity to prompt
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