Coinbase L2 Base hosts 80% of active Uniswap traders — Token Terminal
Coinbase’s layer-2 blockchain hosts approximately 80% of Uniswap’s monthly active traders. Go to Source
Cryptocurrencies
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Tether reports record-breaking $5.2B profit in first half of 2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments. Go to Source
Biden adviser who attended crypto roundtable joins pro-Harris Super PAC
The Future Forward PAC has previously accepted donations from former FTX CEO Sam Bankman-Fried, which may be subject to forfeiture. Go to Source
$35T US national debt could bolster Bitcoin’s adoption as ‘hard money’
Bitcoin could see a new all-time high due to the looming US federal debt, which surpassed $105,000 for every living person in the country. Go to Source
How Liquid Restaking Tokens are revolutionizing DeFi
The total value locked in liquid restaking tokens rose over 8,300% since the beginning of 2024. Go to Source
Over 70% of hacked funds are lost to CeFi entities: Cyvers
Real-time threat detection and AI integrations could further bolster Web3 security, according to the CEO of Cyvers. Go to Source
Blackbird Labs launches Web3 platform for restaurant payments
Blackbird Pay is built on the company’s new blockchain network, Blackbird Flynet. Go to Source
California DMV building blockchain on Avalanche for title transfers
The DMV has successfully digitized 42 million car titles on the Avalanche blockchain. Go to Source
3 Ethereum price metrics point to further downside in ETH
ETH price continues to underperform Bitcoin price, and the downside is set to continue. Go to Source
Binance Labs invests in liquid staking platform aPriori
The deal comes amid a flurry of investment in aPriori’s native blockchain network, Monad. Go to Source