Since its August debut, Coinbase’s layer-2 network Base has seen its TVL soar to an all-time high of $397.32 million, beating Solana’s TVL ($358.96 million). According to DefiLlama’s statistics, Base has made remarkable strides in the previous 30 days, with the network’s TVL increasing by a massive 97.21%. The TVL
Statistics from blockchain analytics provider BaseScan shows that Layer-2 Network Base broke its previous record for daily transactions, set on launch in August. Base reached 1.88M transactions on September 14, exceeding the earlier record of 1.41M transactions reached on August 21. The layer-2 network processed more transactions than Optimism and
Since its public release on August 9, Ethereum layer-2 network Base by Coinbase has experienced its first significant outage. No new blocks were created on the Base chain for around 45 minutes on September 5. The “stalled” block production was initially noticed by its developers at 9:36 pm UTC. However,
Two weeks back, Coinbase, the leading US-based cryptocurrency exchange, officially launched its decentralized blockchain, Base. This development marked a significant milestone as it became the first publicly traded company to introduce its proprietary blockchain. Since its unveiling, Base has been swiftly gaining momentum, systematically fulfilling its objectives. Reflecting on it,
Coinbase’s recent launch of the Layer-2 platform Base has triggered a wave of digital innovation, with notable companies like Coca-Cola joining the trend. The American multinational behemoth has entered the non-fungible token (NFT) arena with its ‘Masterpiece’ collection on August 13. This eight-NFT collection features a blend of traditional masterpieces
Coinbase, the leading US-based cryptocurrency exchange, has stridden in the crypto world by officially launching its decentralized blockchain, Base. It became the first publicly traded company to introduce its proprietary blockchain. The journey began earlier this year with the introduction of Base’s testnet in February, followed by a developer release
In anticipation of Base’s mainnet launch, Coinbase affirmed on Wednesday that its Ethereum Layer-2 network had been subjected to extensive security evaluations conducted by researchers. Reports indicate that Coinbase commissioned a six-month internal audit from its protocol security team to thoroughly test the security of Base, built on the OP
