layer 2
Ethereum Handled Friend.tech Frenzy Without 'Gas Fee' Spike. Why That’s a Big Deal
Friend.tech, Crypto's latest fad, didn't drive up congestion and fees on Ethereum the way frenzies have in the past – possibly a sign that the blockchain's efforts to scale by fostering supplemental "layer-2" networks, like Coinbase's new Base, are bearing fruit.
Ethereum's Daily Transaction Fees Fall to Lowest Single-Day Total Since December
Ethereum's daily transaction fees hit an 8-month low of $2.8M on Sunday, according to data tracked by blockchain analytics firm CryptoQuant. A decline in total fees paid indicates low network usage, but could point to a rise in popularity of Ethereum layer 2 scaling solutions. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Coinbase, in Uncharted Territory as Public Company Running Blockchain, Pledges Neutrality
The U.S. crypto exchange’s ‘Base Neutrality Principles’ are a series of guidelines aimed at maintaining a decentralized and neutral blockchain, according to a blog post.
Mantle Stakes $66M of Ether on Lido as Part of Treasury Management Strategy
Mantle introduced a new governing body for treasury management earlier this month.
Coinbase’s New 'Base' Blockchain Goes Live; Rep. Maxine Waters Is 'Concerned' About PayPal's Stablecoin
“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Base, Coinbase’s layer 2 blockchain, officially opens to the public. Rep. Maxine Waters (D-Calif.) vocalizes her concerns about the launch of PayPal’s stablecoin. And, a new crypto show aims to capture mainstream attention by taking inspiration from popular TV broadcasts like "The Apprentice" and "Shark Tank."
Coinbase Officially Launches Base Blockchain in Milestone for a Public Company
The largest U.S. crypto exchange says its blockchain is the first to be launched by a publicly traded company and gives it a new revenue opportunity.
Cat Coin Toshi Purrs on New Base Blockchain
The token named after Coinbase CEO Brian Armstrong's pet is gaining traction on the layer 2 network that's set to go live next week.
Matter Labs Accuses Polygon of Spreading "Untrue Claims" With Code-Copying Allegations
In a blog post, Polygon alleged that Matter Labs copied its open-source code without providing attribution. Matter Labs said the code was "prominently attributed."
Coinbase Sets Public Launch of ‘Base’ Layer 2 Blockchain for Next Week
Users will be able to bridge their ETH starting Thursday, with the official launch of the main network on Aug. 9.
Animoca Brands Invests $30 Million in Crypto Payments Application Hi
In order to perform KYC on its users, hi will soon utilize a Proof of Human Identity solution that helps prevent bots from transacting on its layer 2 network.
