Base hits $4B TVL as monthly txs outstrip Ethereum and Arbitrum
Crypto exchange Coinbase’s Ethereum layer-2 blockchain Base has seen its total value locked (TVL) surge…
Crypto exchange Coinbase’s Ethereum layer-2 blockchain Base has seen its total value locked (TVL) surge by over 13.2% in the past week to surpass $4 billion for the first time as its 30-day transactions beat out Ethereum and its top rival Arbitrum. L2BEAT data updated on April 7 shows Base’s total TVL at $4.15 billion, including $1.45…
Anza, a collective of Solana-focused developers, has announced the measures it is taking to mitigate the congestion issues the network has been facing. Anza stated that it has made significant progress in tackling these problems and hopes to release patches next week. Currently, 70% of users’ transactions in Solana are failing. Solana Dev Collective Anza…
Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform Ex-Ethereum Fund. Cardano Removed From Grayscale’s Large Cap Fund Grayscale Investments, the world’s largest crypto asset manager, announced Thursday that cardano…
The cryptocurrency market has witnessed a significant surge after a prolonged bear market and the intensified crypto winter caused by the collapse of crypto exchanges and firms during 2022 and part of 2023. Notably, Bitcoin and other major cryptocurrencies have experienced substantial price surges, accompanied by renewed interest from institutional investors entering the market through recently approved spot Bitcoin…
Economist and gold bug Peter Schiff has warned that something big is happening that very few investors are prepared for. “More importantly, governments and central banks are not prepared for it either,” he stressed. Schiff explained that Fed rate cuts will make the inflation problem worse. Peter Schiff’s Warnings Economist and gold bug Peter Schiff…
A London woman has been convicted for money laundering, having been found with over $4.3 billion in bitcoin, which she converted into physical assets. The SEC is seeking a nearly $2 billion fine from Ripple Labs in a landmark XRP lawsuit, a move Ripple’s CEO deems unprecedented. The activation of a dormant bitcoin wallet, known as “37X,”…
The Bitcoin halving, embedded within the network’s framework, is designed to regulate the currency’s supply, occurring once every 210,000 blocks, or around every four years. Initially, when Satoshi Nakamoto introduced the Bitcoin protocol, miners were awarded 50 BTC for each block discovered, up until Nov. 28, 2012. Subsequently, this reward was halved to 25 BTC per block. Following another 210,000 blocks,…
Pepecoin (PEPE), an Ethereum-based meme coin inspired by the infamous Pepe the Frog character, has experienced a jump of over 43% in its price, joining Bitcoin’s recent market rally. PEPE’s meteoric rise Currently trading at $0.000002109, PEPE has caught the attention of traders and analysts alike with its remarkable performance. Not only has its price…
The Spot Bitcoin ETFs have been performing exceptionally well while rumors surrounding a potential Ethereum, Shiba Inu, and XRP ETFs swirl down the crypto industry. Amid such speculations, another one has been added to the list, which is a Tron ETF. Recently, Tron Founder Justin Sun teased the potential launch of a Tron ETF in…
After a month of bullish activity, the broader cryptocurrency market is settling as the week draws to a close. Major currencies like Bitcoin and Ethereum are trading relatively flat, reflecting a pause in recent upward momentum. Artificial intelligence-linked tokens are still going strong, however, buoyed by the current momentum within the AI industry, which is…