Journalist Posted: September 6, 2023 Base saw a network outage on 5 September that lasted over an hour. The TVL seemed to drop due to the downtime experienced. On 5 September, Base made a public announcement acknowledging a network outage that resulted in delays in block production. According to their statement, this downtime was primarily …
Base outage: Examining the impact on TVL and volume Read More »
Native USDC is set to be deployed on Base in the coming week. USDC remains behind USDT in market capitalization. A significant milestone was on the horizon for Base, as the CEO of Circle has recently made a crucial announcement. This new development raises questions about the potential effects on the stablecoin market cap and …
As Base embraces USDC, will it cause a stir in stablecoin markets Read More »
Base became the fastest L2 to reach 100,000 users. The project is now looking to become fully decentralized with the help of Optimism. Only 56 days after its official launch, Coinbase’s Base has become the fastest Ethereum [ETH] L2 to reach 100,000 users, according to data from Delphi Digital. This achievement is indicative of the …
Base becomes fastest L2 to reach 100k users: Decoding how Read More »
The Magnate Finance rug pull is amongst a long list of such attacks afflicting the DeFi sector. The total value locked amounted to $6.4 million. Magnate Finance, a decentralized finance (DeFi) lending platform, left Base users reeling from a rug pull that has stripped them of millions in locked crypto assets. The team executed the …
Magnate Finance’s shocking rug pull shakes Base users; millions lost Read More »