Base sees record 106 TPS as total value locked crosses $10B
Base is one of two Ethereum layer 2s with a TVL above $10 billion, making considerable ground since launching in August last year. Go to Source
Arbitrum One
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Tap and Pay crypto coming to Coinbase Wallet, L2 interoperability in months
Jesse Pollak, the creator of the Ethereum layer-2 network Base, expects the Coinbase Wallet feature to be available for users in 50 countries by the end of 2025. Go to Source
Base TVL surges to $8B just days after overtaking OP Mainnet
Base has topped Ethereum layer 2 leaderboards by transaction count and has been the most profitable Ethereum scaler for three consecutive months. Go to Source
Arbitrum’s fraud proofs haven’t been used in the two years since it launched
Offchain Labs co-founder Ed Felten said there were one or two fraud challenges submitted on a version of Arbitrum running on the Ethereum proof-of-work fork after the Merge, which was defeated. Go to Source
Apple’s Approval Process Delays Uniswap’s Mobile App Launch; Firm Launches Limited Trial Release
On March 3, 2023, Uniswap Labs, the firm behind the decentralized exchange Uniswap, announced the launch of a limited early-release application through Apple’s Testflight program. The company stated that the limited release was due to Apple not granting approval for the application launch, and the team does not know why. Uniswap Labs Launches Limited Early-Release … Read more
L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers noted that the Nitro migration would reduce network fees and improve throughput. Arbitrum Developers Implement Nitro Update The Offchain Labs-managed L2 Ethereum scaling solution Arbitrum, told fellow Arbinauts (the … Read more
L2 Scaling Solution Arbitrum Schedules Nitro Rollup Stack Upgrade for August 31
On August 4, Arbitrum One, the layer two (L2) Ethereum scaling solution, announced the protocol will implement a significant upgrade called Nitro in 25 days. The highly anticipated Nitro migration will take place on August 31, exactly one year after Offchain Labs, the Arbitrum project maintainers, launched the Arbitrum One mainnet. The Arbitrum team says … Read more
Apecoin Community Votes on Keeping APE Token in the Ethereum Ecosystem
The Apecoin community is in the midst of discussing whether or not the crypto asset should remain within the Ethereum ecosystem. While AIP-41 voting started today, the proposal’s voting process will end on June 8, 2022, at 9 p.m. (ET). Meanwhile, the project’s native token APE has lost 57% against the U.S. dollar in the … Read more
Ethereum Gas Fees Are Currently 62% Cheaper Than Last Month
Since November 9, 2021, or 46 days ago, transaction fees on the Ethereum network have been cut by more than half the rate they were on that day. At the time, the average fee to move ethereum was $62.84 per transfer and since then, the fees have dropped 62.85% to $23.34 per transaction. From $62 … Read more
Privacy-Centric Crypto Mixing Protocol Tornado.cash Plans to Deploy on L2 Platform Arbitrum
One of the largest cryptocurrency mixing protocols, Tornado.cash, has announced the project will deploy on the L2 (layer 2) Ethereum platform Arbitrum One. The creators of the Ethereum-based mixing application explain that settling on Arbitrum will allow Tornado.cash users to benefit from cheaper transactions. Tornado.cash to Deploy on Arbitrum – ‘Cheaper Transactions Being the Biggest … Read more
