Layer 2 network Base’s architect, Jesse Pollak, expressed his priority towards creators and developers in the crypto space over traders. Following a backlash over an experimental token creation on the “Base is for everyone” tagline, Pump.fun co-founder Alon Cohen and Jesse pollak exchanged their opinions over traders and creators. Alon
Alon Cohen, co-founder of Solana-based meme coin launchpad Pump.Fun, has voiced strong criticism over Coinbase’s Layer 2 network Base and its recent auto-minted token experiment. He made it clear that his platform has “no plans to follow suit.” The issue arose when a post from Base’s official X account “Base
Coinbase’s Layer 2 network Base inadvertentlyunintentionally sparked a cryptocurrency trading frenzy yesterday. Its social media post automatically converted into a tradable token through Zora’s on-chain social protocol. The “Base is for Everyone” token, launched from Base’s official X account, made headlines by skyrocketing to a remarkable $13 million in valuation.
Privacy is crucial in the present modern-day world, especially in emerging technologies like blockchain. Even though the blockchain technology is efficient, immutable, and secure, it still needs further improvements as it is in early stages of development. On a similar note, Coinbase acquired the Iron Fish team to improve privacy
Base, Coinbase’s Ethereum Layer 2 network, is facing scrutiny for transferring its sequencer fee earnings to Coinbase. Critics argue the move lacks transparency and raises questions about fund usage. Santisa, Lucidity’s chief investment officer, first flagged the issue on X. He shared Etherscan data showing regular ETH transfers from the
The broader crypto market is still hesitating to resume the bull run that started in December 2024. While Bitcoin is trading at the $96K price level, Ether is trading at $3,220 range. However, altcoins such as XRP, Avalanche, Dogecoin, and Cardano are showing notable recovery from recent price dips. Meanwhile,
Following two acquisitions, Synthetix announced its relaunch today with multi-collateral perpetuals on the Base network. The Synthetix reboot comes with the launch of a new website, relaunch of its exchange platform, and Synthetix Leveraged Tokens, along with perpetuals on Base. While the ongoing crypto bull run contributes to the success
The crypto market resumed its bull run in the last 24 hours, much to the joy of investors worldwide. Bitcoin is currently halted at $95.8K and is expected to surge further. However, the altcoin sector has gone full bullish, led by Ethereum, which recorded a 10% surge a few hours
Ethereum Layer 2 (L2) scaling solution Base is launching fault proofs on its mainnet on October 30, 2024. This upgrade aims to decentralize by enabling permissionless validation and improving security for users on the network. Base stated: Fault proofs are coming to Base Mainnet on October 30th, marking a key
The Base ecosystem, Coinbase’s Layer 2 network, had a standout month, with several tokens recording triple-digit gains over the past 30 days. Among these, AERO gained attention with its impressive 184,000 holders, more than double that of its main competitor, ALB. Memecoin DEGEN, however, stole the spotlight, boasting the highest
