Coinbase Hints at the Launch of Its Wrapped Bitcoin Alternative on Base

Coinbase, one of the largest U.S.-based cryptocurrency exchanges, has hinted at the launch of its own wrapped bitcoin alternative, cbbtc. On X, Coinbase posted the currency name, followed by another post stating that it was coming soon. Jesse Pollak, the creator of Base, Coinbase’s incubated L2, declared that they were “going to build a massive … Read more

Base Blockchain Achieves Rapid Growth, Nearing 100 Million Unique Addresses

Base blockchain has emerged as one of the fastest-growing networks in the crypto space, recently becoming the second-fastest blockchain to reach the 100 million unique addresses milestone. It accomplished this feat in approximately 420 days, just behind BNB Chain, which reached the same milestone in 414 days. . @base is currently the second-fastest blockchain among … Read more

Base Surges Ahead In Layer 2 Ecosystem With Record-Breaking Activity

On July 23, 2024, Base experienced an unprecedented surge in activity, cementing its position as a leader in the Layer 2 (L2) ecosystem. The network surpassed a remarkable milestone of over 1 million active addresses, significantly outpacing its competitors Arbitrum and Optimism, which recorded 557,273 and 358,791 active addresses respectively. Base also led in transaction … Read more

NPC Labs Secures $18 Million in Seed Round to Bring Gamefi to Non-Crypto Native Users

NPC Labs, an onchain product distribution platform founded by former members of Base, has successfully raised $18 million in a Seed Round led by Pantera Capital. The funding round saw participation from prominent investors such as Makers Fund, Hashed, Collab+Currency, Sfermion, Mirana Ventures, Bitscale Capital, and Mantle Ecofund. This latest funding round brings the total … Read more