1inch DEX aggregator deploys on Ethereum’s layer-2, Base

1inch Network is integrating its decentralized exchange (DEX) aggregation protocol on Ethereum's layer-2 solution, Base

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Coinbase’s Base L2 Transactions and Activity Eclipses Layer-2 Leaders

Coinbase's layer-2 network, Base, has seen a surge in transactions, predominantly driven by the crypto social media dapp Friend. Tech. Despite skepticism about the figures, Base briefly surpassed Ethereum and layer-2 leaders Arbitrum and Optimism.

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Friend tech renames token to Keys amid speculation of SEC scrutiny

Decentralized social media platform Friend. tech has renamed its token to “Keys” to better align with its purpose, according to an Aug. 21 statement. Friend. tech, a decentralized app based on the Base Layer-2 network, said the original name, Shares, was a placeholder that needed to be changed to reflect its purpose better.

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The Protocol: Blockchains Keep Launching, From Sei to Shibarium

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.

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Brian Armstrong Identifies UX Bugs In Coinbase App, Plans Upgrades

The rise in on-chain activity on Conbase’s newly launched layer-2 network, Base, has exposed a few critical anomalies in the Coinbase App.   According to the crypto exchange’s CEO Brain Armstrong, the ongoing “Onchain Summer” revealed that the app’s user experience is bad.

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Coca-Cola launches NFT’s on Coinbase’s Base

Coca-Cola, the world’s largest soft drinks brand, has launched its NFT collection on the new Coinbase layer-2 network Base.  Coca-Cola has taken another stride into the digital art with its inaugural NFT collection on the Coinbase layer-2 network Base. As…

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Coinbase Layer 2 Network Base Records Rapid Adoption After Launch

Coinbase’s newly launched layer-2 network, Base, has reached a new all-time high in user base. According to data from Dune Analytics, Base recorded a 30% increase in daily users, exceeding 100,000 a day following its official launch.

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Coinbase layer-2 network Base hits 136,000 daily active users

Around 30% of Base’s users on Aug. 10 were new to the blockchain, which launched only a day prior.

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Coinbase’s Ethereum layer-2 chain Base is live to the public

Coinbase, a leading U. S. crypto exchange, officially launched Base, its Ethereum layer 2 network, to the general public on August 9, 2023. The Base testnet launched in February, followed by a developer-specific release in July.

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The Protocol: Coinbase Launches Own Blockchain as Sleuths Scour PayPal's Stablecoin Software

In this week's issue, we cover Coinbase's launch of "Base," a layer-2 network atop Ethereum, along with the crypto community's reaction to PayPal's new stablecoin and the brouhaha over Matter Labs' use of Polygon-crafted open-source software.

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Chainlink price prediction: LINK outlook after integrating Base

Chainlink (LINK) price drifted upwards on Wednesday after the network integrated Base, the new layer-2 network by Coinbase. The LINK token jumped to $7. 5, the highest level since August 2nd of this year.

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Chainlink’s Price Feeds Land on Base, Bringing More Precise Crypto Pricing

Chainlink's industry-standard Price Feeds find a new home in Base's layer-2 blockchain for DeFi ecosystem's growth potential.

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Coinbase Launches Base Ethereum Layer-2 Blockchain

Explore Coinbase's game-changing launch of Base, an Optimism L2 Ethereum chain, aiming to revolutionize scalability and transform the crypto ecosystem. The post Coinbase Launches Base Ethereum Layer-2 Blockchain appeared first on NFT News Today.

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Coinbase to release Base layer-2 for public access

On Aug. 9, Coinbase, the cryptocurrency exchange, will release its Base layer-2 platform for public access without restrictions

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BALD price nosedives 90% as deployer removes ETH liquidity

BALD price down nearly 90% as sell-off pressure mounts Data shows prices plummeted as meme coin’s deployer removed all ETH liquidity. Bald is a token recently launched on Ethereum layer-2 blockchain Base.

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Rug pull fears emerge after obscure meme coin surges 10,000% on Coinbase-backed Base network

Over the weekend, meme coin mania returned with new fervor as it reached the Coinbase-backed Ethereum layer-2 network Base. On July 30, BALD, an obscure meme coin with no website, on the L2 solution gained wide attention after its value exploded by more than 10,000% on the decentralized exchange Leetswap to a peak of around $0.

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BALD token records astounding 40,000% upside after launch on Base

The meme token recorded astounding gains in 24 hours, reaching a market cap of $70 million. BALD, the newly-launched meme coin that went live on Base, a layer-2 chain created by Coinbase on Ethereum, skyrocketed within hours of its launch to jump to a market cap of $70 million.

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Base’s TVL spikes 48X on BALD meme coin frenzy

The TVL in Base, an Optimism-based layer-2 platform for Ethereum, has surged by 48X, in part due to the hype around the BALD meme coin

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TVL Of Coinbase-Backed Base, A Layer-2 Scaling Solution, Rockets 53%

According to data from L2Beat, the total value locked (TVL) of Base, a layer-2 scaling solution for Ethereum utilizing optimistic rollups, is up 53%. As of the latest figures, the TVL stands at $952,000 as various assets, mainly Ethereum (ETH), are tied up in the layer-2 protocol.

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Coinbase’s Base launches mainnet for builders, will onboard users in August

Base’s layer-2 mainnet has launched, allowing builders to deploy contracts, while users will be welcomed to the network in August.

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Coinbase reveals base layer-2 network roadmap

Coinbase's Base L2 network roadmap focuses on development and infrastructure, ruling out token issuance. The roadmap highlights upgrades, audits, and a commitment to seamless crypto transactions.

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Coinbase Ethereum Layer 2 Network Base Readies For Launch

The Coinbase layer-2 network, dubbed 'Base,' is progressing along its roadmap in preparation for launch to mainnet. The post Coinbase Ethereum Layer 2 Network Base Readies For Launch appeared first on BeInCrypto.

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Starknet releases roadmap to address ongoing challenges, details inside

Starknet's user base expanded 8x over the last two months. The scaling solution grappled with low throughput and high transaction costs. Launched in 2021, Ethereum’s [ETH] layer-2 solutionThe post Starknet releases roadmap to address ongoing challenges, details inside appeared first on AMBCrypto.

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Optimism userbase expands as L2 scaling solutions take center stage, more inside

Optimism's user base clocked a weekly growth rate of 55%, the highest among all layer-2 solutions. The TVL exceeded $2 billion at the time of writing, representing a growth of 11% in the last 3The post Optimism userbase expands as L2 scaling solutions take center stage, more inside appeared first on AMBCrypto.

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Coinbase extends request for builders to expand ecosystem via Base Fund

Coinbase's layer-2 platform, Base, is extending a request for builders to work on a safer DeFi, altcoins, on-chain reputation, and on-chain Limit Order Book(LOB) exchange through its Base Fund

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Coinbase exec claims Layer-2 Network could include AML measures

Base's upcoming launch is expected to come with AML features Base is an Ethereum layer-2 network that offers users a secure and convenient way to develop decentralised applications Brian ArmThe post Coinbase exec claims Layer-2 Network could include AML measures appeared first on AMBCrypto.

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Coinbase’s layer-2 network to face transaction monitoring

Coinbase CEO, Brian Armstrong, has revealed that the company's new layer-2 network, Base, is likely to incorporate transaction monitoring and anti-money laundering measures.

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Coinbase’s Base will likely feature transaction monitoring, AML measures

Coinbase CEO Brian Armstrong said on March 6 that his company’s layer-2 network, Base, will likely feature transaction monitoring and anti-money laundering measures. The post Coinbase’s Base will likely feature transaction monitoring, AML measures appeared first on CryptoSlate.

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Coinbase’s Base integrates Chainlink price feeds

Base, an ethereum layer-2 solution has secured a partnership with Chainlink to integrate the latter’s price feeds into the Base testnet.

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Coinbase Unveils Its Own Ethereum Layer 2 Solution Called ‘Base’; Unrelated BASE Token Pumps 300%

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Coinbase launches its own layer-2 network for building decentralized apps

The network, known as Base, is designed to be a low-cost, secure, developer-friendly environment that Coinbase said will serve as a bridge to bring users into the crypto economy.

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L2 ecosystem crosses $5.5B in TVL thanks to Boba network's 570% rise

Layer-1 and Layer-2 scaling solutions are two sides of the same crypto coin. Even though the former makes the base layer of a network, the latter (off-chain) plays a vital role. Mainly for protocol inThe post L2 ecosystem crosses $5.

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Nervos blockchain mainnet now live after completing $72M token sale

Nervos Network, an open-source blockchain platform, has announced today launch of its “Lina” mainnet. Now fully operating, miners and developers will be able to work on and utilize the network starting Nov 16.

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Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.

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Layer 1 Should Be Innovative in the Short Term but Less in the Long Term

One of the key tradeoffs in blockchain design is whether to build more functionality into base-layer blockchains themselves (“layer 1”), or to build it into protocols that live on top of the blockchain, and can be created and modified without changing the blockchain itself (“layer 2”).

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