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The Ethereum community appears to have taken a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive confidence vote” and a “watershed moment” for the blockchain network. Secured on Ethereum and powered by layer-2 network Optimism, Base aims to eventually become a network for
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The decentralized autonomous organization will make an offer on the 18-hole Spey Bay Golf Club, worth about $900,000. Source
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A similar burn was earlier conducted by Floki DAO, a Shiba Inu-themed crypto project, earlier in February, as CryptoX reported. Floki burned over $100 million worth of its token and completely dissolved its BNB Chain to Ethereum bridge as part of a broader move towards positioning itself as a serious
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“[W]e do not believe Wormhole offers the most secure or decentralized bridging option,” wrote Porter Smith, a partner at a16z Crypto, citing last year’s $326 million hack of the Wormhole platform as a key factor in the firm’s opinion. An a16z representative also told CoinDesk the firm took issue with
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According to a tweet from Lazzarin, a16z’s head of engineering, “We delegate ~40m votes to outside groups (with no conditions on how they vote).” Lazzarin did not specify the full size of a16z’s UNI holdings and neither did the representative that spoke to CryptoX. But based on Lazzarin’s tweets, a16z
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The utility token of Render Network has jumped 80% over the past seven days following the passage of a new tokenomics model proposal on the network. Source
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"The Boba Foundation is granted an additional use grant to use the Uniswap V3 Core software code," the proposal stated. "As part of this additional use grant, the Boba Foundation receives license to use the Uniswap Code to fully deploy the Uniswap Protocol v3 onto the Boba Network L2 on
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As the largest DEX platform on the Ethereum blockchain, Uniswap commands as much as $2.36 billion in the total value of assets in the Dapp’s smart contracts, allowing users anywhere in the world to trade crypto without an intermediary. Members of the Uniswap community have voted in favor of deploying the
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The vote was technically a “signaling” proposal, meaning its passage does not automatically install Wormhole as Uniswap’s official BNB bridge. Instead, the outcome means Wormhole will be written into an upcoming, official proposal to deploy Uniswap v3 on BNB chain. Source
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