14/21, or 66%, of the top gas-consuming smart contracts on Base, a layer-2 platform for building and deploying smart contracts, are unverified. According to Token Terminal data on October 24, the same contracts are some of the most actively used, reading from gas fee trends over the last month. Friend.tech Leads The Gas Race On Base Base…
Coinbase’s layer 2 scaling solution, called Base, has seem a meteoric rise in popularity recently. In just six short weeks since its launch, Base’s total value locked (TVL) has skyrocketed to nearly $400 million. This rapid rise in use and popularity has even seen it recently overtake the Solana blockchain in TVL. Coinbase’s Layer 2…
Friend.tech, a decentralized social network, has witnessed a sharp resurgence barely two weeks after critics pronounced the platform dead. The platform is enjoying renewed user interest, with its total value locked (TVL) surpassing $20 million a few days ago. Thanks to this growing momentum, Friend.tech has seen its trading volume and platform fees rise to…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His…
Ethereum Layer 2 network “Base” has surpassed Cardano in terms of Total Value Locked (TVL) in just two weeks after its official launch, despite Cardano experiencing a multi-year head start in growth and development. Base TVL And Trading Volume Rises Above Cardano Presently, Cardano is facing criticism from users due to its TVL falling below…
Coinbase’s Base Moves Toward Tokenized Stocks For Non-US Users Coinbase-linked Base is moving toward tokenized stock integration, with Base creator Jesse Pollak pointing to a model built around 1:1 equity backing and dividend pass-through. The planned product is aimed at non-US users and remains unavailable to US retail traders. That is an important limitation, because…
Circle’s EURC launch on Base is a small but important stablecoin infrastructure move. It brings a native euro-denominated token to one of the most watched Ethereum layer-2 networks at a time when European regulation is becoming much more concrete. That combination matters. Base needs more native liquidity tools, and Circle needs to show that its…
Crypto exchange Coinbase announced and launched the testnet for its very own Layer 2 blockchain called Base earlier in February 2023. Since the launch, there have been speculations about the exchange launching a token for the L2, which has now been clarified in the newly released roadmap for Base. Base Roadmap Mentions No Token Following…
Base, an Ethereum layer 2 (L2) network developed by prominent cryptocurrency exchange Coinbase, has seen its total value locked (TVL) soar to new heights on Friday, August 31. This surge was triggered by the recent launch and growing hype around the decentralized exchange (DEX) platform Aerodrome. Total Value Locked on Base Reach $333 Million The…
In a major development confirmed on SEPTEMBER 30, 2026, Confirmed announcement/filing for Superstate Expands Tokenized Short-Duration US Treasury Fund (USTB) To Base. This operational move highlights expanding activity across the digital asset ecosystem and underscores key developments for market participants. Key Operational Milestones & Context According to primary regulatory and corporate filings verified on SEPTEMBER…