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Base
How On-Chain Consumer Products Represent an Industry Shift
Base creator Jesse Pollak weighs in on the crypto industry's shift from building mostly financial products to real-world use cases on the blockchain. Plus, the significance of stablecoins like USDC and EURC when it comes to improving payment systems.
Normie Dumps 99% as Attacker Calls Meme Coin’s Tax Contract a 'Copy-Paste' Job
Attackers exploited a tax function in the token’s code that allowed them to issue more tokens and completely drain liquidity pools.
Farcaster, Blockchain-Based Social Media Startup, Raises $150M, Led by Paradigm
Dan Romero's Farcaster made waves earlier this year with the introduction of "Frames," a feature allowing apps to run within posts, so users don't have to click off to another site. Other investors in the latest fundraising round include a16z and Haun.
Friend.Tech's Native Token Tanks to $2.5 After Debut
Early Friday, Friend.Tech airdropped its native token, FRIEND, while debuting version 2 of the platform.
Why Base Chain Has Potential to Lock the Next Generation of Crypto Users
The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.
Base Monthly Active Addresses Increased by 160% in March: Nansen
Which blockchains are scoring the most active addresses in March? Data tracked by Nansen shows that active addresses on Base increased by 160% while Solana, Ronin and Linea are all seeing growth of over 50%. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."
Tokenized Credit Platform Centrifuge Plans Institutional RWA Lending on Coinbase's Base, Raises $15M in VC Investment
CFG, the protocol's native token, spiked as much as 14% after the announcement before paring gains and outperformed other DeFi tokens.
Degen Chain Racks up Millions in Volumes; Latest in Custodia Bank's Legal Battle Against the Fed
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as meme coins flourish on Degen Chain, a new layer-3 blockchain built on top of Base. Plus, Roman Storm's legal team filed a motion to dismiss the criminal indictment against the Tornado Cash developer. And, a federal judge has rejected Custodia Bank's argument that it is entitled to a Federal Reserve master account.
SEC Seeks $1.95B Fine in Ripple Case; London Moves Forward With Bitcoin and Ether ETNs
"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, as court filings show that the SEC has asked a New York judge to impose nearly $2 billion in fines against Ripple Labs. Plus, insights on the surge in activities on the Base blockchain amid a meme coin-led frenzy, and London's move towards a marketplace for bitcoin and ether exchange-traded notes.
Coinbase's Base Chain Warns of 'Stuck' Transactions Amid Traffic Surge
Coinbase is warning users of high fees and slowdowns as traders flock to new Base meme coins.
