Fun

News Feed - 2023-08-11 03:08:29

Jesse Coghlan2 hours agoCoinbase layer-2 network Base hits 136,000 daily active usersAround 30% of Base’s users on Aug. 10 were new to the blockchain, which launched only a day prior.1292 Total views19 Total sharesListen to article 0:00NewsJoin us on social networksDaily 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 of its public release.Daily active users on Base. Source: Dune


Around 30% of the daily users on Aug. 10 were new Base users, who amounted to nearly 42,000 — although the record stands at over 60,000 on July 31.


Meanwhile, crypto market data platform CryptoRank in an Aug. 10 X post revealed Base now ranks 4th in daily transactions per second among layer 2 solutions, behind zkSync Era, Arbitrum and Optimism.Base Now Ranks 4th in Daily TPS Among Layer 2 Solutions #Base Layer 2 launched its mainnet yesterday and is showing robust growth in active users and transactions. Now it ranks 4th by daily TPS (Transaction per second). pic.twitter.com/pnYF0tk7b0— CryptoRank Platform (@CryptoRank_io) August 10, 2023


Coinbase’s Base network officially launched on Aug. 9, in what it called the start of  “Onchain Summer.”


Related: Bitcoin Lightning on Coinbase agenda, Brian Armstrong tells Jack Dorsey


Base initially launched in beta version on Feb. 23. As soon as it was announced, many in the crypto community speculated that the platform could help to onboard more users into Web3 protocols, thanks to Coinbase’s large user base. The network launched its mainnet version “for builders” on July 13, but the team warned that it wasn’t ready for users yet.


Currently, Base users can bridge Ether (ETH) to Base, engage with a decentralized cryptocurrency exchange, make payments with a web-based app, register a ".base" username, or launch a decentralized autonomous organization. 


Magazine:Blockchain games aren’t really decentralized… but that’s about to change# Blockchain# Coinbase# BaseAdd reactionAdd reactionRelated NewsHow to actually spend your Bitcoin, ExplainedHow will Bitcoin halving affect BTC price, and is DeFi dead?Ensuring integrity of blockchain transactions: Trust through audits

News Feed
Cointelegraph Innovation Circle8 hours agoNFT projects: Keep your community engaged with these 12 tipsAn engaged, loyal community is an essential ingredient in the long-term success of an NFT project.509 Total views2 Tot
2023-11-01 01:00 AM
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be ‘Fully Transitioned’ Next Year
Circle Starts Moving USDC Reserves Into a Blackrock-Managed Fund, Firm Expects to Be "Fully Transitioned" Next Year According to the crypto firm Circle Internet Financial, the comp
2022-11-07 03:30 AM
While BTC’s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M
While BTC"s Price Slid Lower, a Miner Spent an 11-Year-Old Block Reward from 2010 Worth $1.8M Following the large string of block rewards from 2010 spent in November 2021, no block
2022-01-23 07:30 AM
Base sets record high DEX volume day, surpassing $1B
Ciaran Lyons3 hours agoBase sets record high DEX volume day, surpassing $1BMost of the trading activity took place on UniSwap, accounting for 64.3% of the volume, followed by Aerodrome Finance at 9.7%, and SharkSwap at 7
2024-03-31 14:30 PM
Marcel Pechman4 hours agoBitcoin price drops its early week gains — Here is whyBitcoin price gave up its recent gains as concerning signals from the US economy continue to weigh on investor sentiment.3261 Total views76
2023-10-04 04:40 AM
Etherscan ads behind massive phishing campaign
Arijit Sarkar1 hour agoEtherscan ads behind massive phishing campaignThe wallet drainer scam involves luring users into fake websites, prompting them to link their crypto wallets and eventually draining all funds.496 Tot
2024-04-08 16:30 PM
Robert Kiyosaki Discusses Why Gold, Silver, Bitcoin Are Rising Higher
Robert Kiyosaki Discusses Why Gold, Silver, Bitcoin Are Rising Higher The famous author of the best-selling book Rich Dad Poor Dad, Robert Kiyosaki, has shared his view on why the
2023-02-03 09:30 AM
China’s Congress Passes Cryptography Law, Effective Jan. 1, 2020
The Standing Committee of the 13th National People’s Congress in China passed a cryptography law on Saturday that will be effective on January 1, 2020, according to a Chinese media report.
2019-10-26 23:24 PM
Brayden Lindrea4 hours agoBNB pops after report that DOJ wants $4B settlement with BinanceBNB hit its highest price since June after Bloomberg reported the U.S. Justice Department wanted $4 billion from Binance to end it
2023-11-21 13:20 PM
Ciaran Lyons2 hours agoEvidence of crypto usage by ISIS is ‘mounting’ — TRM LabsBlockchain intelligence platform TRM Labs revealed that USDT on the Tron network is the primary choice for transactions among ISIS aff
2023-07-23 15:10 PM
Immutable, Polygon’s new $100M fund to throw cash at Pixelmon, among others
Jesse Coghlan2 hours agoImmutable, Polygon’s new $100M fund to throw cash at Pixelmon, among othersImmutable and Polygon have teamed up to find blockchain games for their new $100 million fund to bankroll, starting wit
2024-03-20 07:00 AM
Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVL
Ethereum L2 Scene Heats Up With Boba Network Taking Second Spot in TVL Boba Network, a recently released L2 layer for Ethereum, has quickly jumped to second place in TVL (total val
2021-11-29 06:00 AM