Coinbase’s Base Surges Ahead: Key Metrics and Outperformance in Ethereum Layer-2
TL;DR Base, Coinbase’s Layer-2 network, has achieved a Total Value Locked (TVL) of $1.426 billion and a stablecoins market capitalization of $3.368 billion. In the...
Tag : news
Crypto Whales Scoop Up $227 Million in Bitcoin Amid Market Dip
by Fernando
TL;DR Crypto whales have withdrawn 4,014 BTC from Binance valued at $227.7 million over the past week. An investor withdrew 999.999 BTC, equivalent to $55.09...
Bitcoin Hashrate Hits Record High: Impact on BTC Price and Mining
by Fernando
TL;DR Hashrate Record: The Bitcoin network’s hashrate reached a historic high of 742 EH. Increased Production Costs: The total cost to mine one BTC has...
Ethereum Layer-1 Revenue Plummets 99% as Layer-2 Solutions Surge
by Fernando
TL;DR Ethereum’s Layer-1 (L1) revenue has dropped by 99% since March 2024. The Dencun upgrade has significantly reduced transaction fees for Layer-2 (L2) solutions. The...
Metaplanet and SBI Group Form Strategic Alliance to Boost Bitcoin Trading and Custody
by Fernando
TL;DR Metaplanet Inc. announces a strategic alliance with SBI VC Trade for the management and custody of Bitcoin. The collaboration seeks to improve tax efficiency...
Kraken Expands Futures Trading with Shiba Inu as New Collateral
by Fernando
TL;DR Kraken adds Shiba Inu (SHIB) as collateral: The platform now allows using SHIB for futures contracts. Available collaterals: In addition to SHIB, Dogewhifhat (WIF)...
Pantera Capital’s $100 Million Investment in Toncoin: Major Bet Amidst Telegram CEO’s Legal Troubles
by Fernando
TL;DR Pantera Capital invested over $100 million in Toncoin, marking its largest investment to date. Toncoin is integrated into the Telegram app, facilitating transactions within...
Tron Slashes SunPump Gas Fees by 50% to Boost Competitiveness Against Solana
by Fernando
TL;DR Tron reduces gas fees on SunPump by 50% to enhance its competitiveness against Solana. Justin Sun aims to reach 20 million daily transactions within...
BlackRock IBIT Dominates Bitcoin ETF Market with Record Inflows
by Fernando
TL;DR BlackRock leads net inflows into Bitcoin ETFs with $20.931 billion. BlackRock’s IBIT recorded $224.1 million in a single day, outperforming other ETFs. Other ETFs,...
Shiba Inu Unveils Decentralized Autonomous Organization to Empower Community Governance
by Fernando
TL;DR The cryptocurrency Shiba Inu (SHIB) introduces a Decentralized Autonomous Organization (DAO) to allow holders to participate in the governance of the project. The DAO...
