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Coinbase's Ethereum layer-2 network Base has suffere its first major outage since its public launch on Aug. 9. For approximately 45 minutes on Sept. 5, no new blocks were produced on the Base chain. Its developers first identified the "stalled" block production at 9:36 pm UTC, according to the Base
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The total value locked (TVL) on the Base layer-2 network spiked to more than $400 million since the launch of the Aerodrome decentralized exchange. The most recent information from DefiLlama shows that the TVL of Base, a
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied The celebrities Oprah Winfrey and Dwayne “The Rock” Johnson launched the People’s Fund of Maui initiative, which accepts crypto donations. During August, the Hawaiian island of Maui was impacted by wildfires that caused massive property and personal
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A new zero-knowledge proof (ZK-proof) technology is set to improve the ability to access and verify historical data from the Ethereum (ETH) blockchain, with deep chain validation cited as a usability barrier of the network.Technology firm Herodotus has released its on-chain accumulator which uses storage proof cryptography, allowing users to
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Shibarium has only been live for a few days but is already showing early signs of success. The Ethereum layer-2 scaling solution,
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As such, chief developer Shytoshi Kusama previously stated the team had put steps in place to prevent an outage from repeating. They added the team worked with Polygon blockchain developers to rectify any potential issues. Shibarium is a fork of Polygon, meaning it uses modified code that runs the latter. Source
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Following its temporary shutdown, Shibarium has made a comeback and relaunched. This release of the layer 2 blockchain has pushed the BONE
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AVAX, the native currency of the Avalanche blockchain, is trading at new 2023 lows at the time of writing on August 26.
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Patricia, a Nigerian cryptocurrency exchange, has revealed the introduction of its own native token named Patricia Token (PTK). However, the launch has generated more doubt than applause within the local cryptocurrency community.Native tokens are digital assets that are specific to a particular blockchain platform or cryptocurrency exchange. They are created
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Test blocks on the network are processing as normal after developers blamed the earlier stoppage on unprecedented demand. Original Source
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