Base surpassed Arbitrum and Optimism in trading volume. Despite initial neglect, Base began to attract attention. Arbitrum (ARB) and Optimism (OP) have seen gains in activity and price action moments since the Dencun upgrade, but Base has not received much attention. But over time, the situation changed in Bass’ favor. Recent developments suggest a change in dynamics, potentially positioning the protocol as a frontrunner in the L2 race. Activity is increasing. Recent data shows a noticeable surge in activity on Base and a significant increase in the number of transactions. In the last 24 hours, the network has seen an…
Author: Crypto Flexs
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Posted 1 minute ago In ~ Daily trading volume on Base, the Ethereum layer 2 network incubated by Coinbase, has experienced significant growth over the past week. This is probably due to the lower transaction fees resulting from the Dencun upgrade.This layer 2 network experienced a sudden surge in daily users and transactions, reaching record highs immediately after the Dencun upgrade. This has resulted in a significant reduction in transaction fees across most Layer 2s, including Base.The number of daily transactions on the Base network was around 440,000 just before Dencun. According to The Block’s data dashboard, the number of…
Nigerian fintech startup Chipper Cash recently abolished the roles of 20 employees based in the US and UK. CEO Hamserunjogi said the decision was consistent with the goal of maintaining high operational efficiency and bringing the startup closer to profitability. Layoffs Set Chipper Cash for Positive Cash Flow for the First Time (…)
Ethereum research has made great progress over the past month and a half, and we are excited to see that the protocol is getting closer and closer to the point where it is ready for mainstream adoption. Progress in consensus algorithms, privacy, zero-knowledge proofs, and formal verification…
By the time this piece was written, Bitcoin had reverted to a value of less than $70,000. This week is expected to be volatile, with the value expected to reach around $65,000. Specifically, BTC is listed at $68,277.90, surging 4.94% in the last 24 hours. Bitcoin is back at center stage again as it has bounced back to this margin after trading above $72,000. Slide after initial support: price changes throughout the week The BTC value of around $68,000 reflects a 3.10% decline over the past seven days. Since the number is less than $70,000, the line on the graph…
Binance has completed Kava’s integration with the Ethereum Virtual Machine (EVM) and now supports deposits and withdrawals for KAVA and USDT. Binance, the world’s leading cryptocurrency exchange by trading volume, announced the successful integration of the KAVA Ethereum Virtual Machine (EVM). Following this integration, Binance has launched deposits and withdrawals for KAVA and USDT tokens on the Kava EVM network, marking a new milestone in the platform’s interoperability and functionality. Kava’s EVM integration represents a strategic move by Binance to strengthen its products and provide users with more flexibility and options for digital asset management. Kava is a fast-growing decentralized…
London, UK, March 18, 2024, Chainwire Bitbot pre-sales are continuing at a rapid pace, and have now surpassed $1 million in raises in just eight weeks, as interest in AI and trading technology grows, putting this innovative new trading approach in the spotlight. Bitbot is looking to dominate the emerging Telegram trading bot market, which already has a market capitalization of well over $1 billion despite only being about a year old. With its first-of-its-kind non-custodial trading functionality, Bitbot finally gives cryptocurrency traders the ability to set up and automate trades without giving up their private keys. And there is…
Posted 1 minute ago In ~ Updated: March 18, 2024, 5:31 AM EDT Slerf, a new Solana-based memecoin, is facing serious problems after the project’s developers accidentally burned a large portion of the token’s supply. This effectively resulted in pre-sale participants losing all of their money, or $10 million.Official X account for the “Guys I f—ed up” project wrote. “The LP and tokens set aside for the airdrop have been burned. The mint permission has already been revoked, so you cannot mint. There is no way to fix it. I am truly sorry.”The Slerf team later went to X Spaces…
The anticipated ETHFI airdrop has begun, piqued the interest of the DeFi community with significant token distributions available to top liquidity providers. The long-awaited ETHFI token airdrop began at 7 PM (Beijing time). Amber CN. The airdrop, accounting for 6.8% of the total supply (68 million ETHFI tokens worth $68 million), was distributed to active participants in the ecosystem. The top 20 contributors to the project’s Total Value Locked (TVL) were the main beneficiaries and were allocated significant airdrops. The top address, which contributed a third of TVL with 273,000 ETH, was awarded 9.96 million ETHFI tokens. The distribution reflects…
Singapore-based gaming studio 9 Lives Interactive announced Thursday that it has secured $3 million in funding to support the global launch of Nyan Heroes, the asset’s published “hero shooter” game. Solana Blockchain. And players will soon get a chance to test it out.The investment round was led by Mechanism Capital, with participation from Sfermion, Momentum 6, 3Commas Capital, Devmons GG, Kosmos Ventures, and CSP DAO. Formerly 9 Lives Interactive In 2022, it raised $7.5 million..Nyan Heroes will be available through the Epic Games Store during a limited early access testing period from March 26 to April 9, giving players their…