a16z-backed onchain messaging platform Towns officially launches
The same team behind Towns also created River Protocol, which enables transparency, security and decentralization in the new messaging app. Go to Source
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Uniswap launches its own layer-2, Unichain
The app chain promises faster and cheaper transactions and cross-chain interoperability, according to Uniswap. Go to Source
Ethereum price lags Bitcoin and altcoins, but is a rally to $2.6K possible?
A drop in Ethereum network activity and investors’ concerns about the global economy continue to weigh on ETH price. Go to Source
L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security
Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling. Growing L2 Adoption Raises Concerns … Read more
Aerodrome Finance Dominates Base’s DeFi With Over $1 Billion TVL
Aerodrome Finance has made a major impact on Base, the Layer 2 Ethereum network developed by Coinbase, funneling over $1 billion into the platform. Aerodrome Finance has funneled over $1 billion into Base, a Layer 2 Ethereum network nurtured by Coinbase, claiming more than half of its $2 billion total value locked (TVL). As the … Read more
Vitalik tells Ethereum L2s ‘Stage 1 or GTFO’ — Who makes the cut?
According to L2Beat, six Ethereum layer 2s have already reached Stage 1, while most others are still stuck at Stage 0. Go to Source
Coinbase Launches Wrapped Bitcoin for Ethereum and Base Networks
Coinbase has unveiled Coinbase Wrapped Bitcoin (cbBTC), giving users a gateway to decentralized finance (defi) apps on Ethereum and Base, using bitcoin (BTC). The cbBTC token is essentially a wrapped version of bitcoin, fully backed by BTC held in Coinbase’s custody. Coinbase Wrapped Bitcoin Opens New Defi Opportunities According to the San Francisco-based crypto exchange, … Read more
Coinbase launches ‘cbBTC’ wrapped Bitcoin digital asset
The exchange announced that cbBTC is now available in the United Kingdom, Australia, Singapore, and all US states except New York. Go to Source
Coinbase Reports Its First AI-to-AI Crypto Transaction
Coinbase CEO Brian Armstrong announced the platform’s first AI-to-AI cryptocurrency transaction, highlighting a new application of digital currency by artificial intelligence agents. Armstrong believes this advancement will enhance AI’s capacity to independently obtain resources and engage with humans and other AI systems. He encourages developers to add crypto wallets to support the growth of AI-to-AI … Read more
Ethereum DApp volumes rise 36% in a week — Will ETH price follow?
Interactions with Ethereum DApps are soaring, but ETH price has failed to react. Go to Source