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Base, a recently launched Ethereum layer 2 blockchain developed by Coinbase, experienced an impressive influx of over $10 million on its first day. With 15,000 new users joining within the first 24 hours, the network has shown great potential. Although the daily transaction volume decreased by 40% the following day, the launch of Base has
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In a groundbreaking turn of events, decentralized exchanges (DEX) on Coinbase’s newly launched layer-2 network, Base, have exceeded the trading volume of established layer-1 networks such as Cardano (ADA) and others in less than 24 hours since its public launch. This significant achievement has been revealed by data from DeFiLlama, showcasing the growing prominence of
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In the world of cryptocurrency, partnerships with well-established tech companies can be a game-changer. This was evident when Microsoft recently announced its collaboration with Aptos Labs to develop blockchain-based AI tools. As news of this partnership spread, it triggered a significant market reaction, causing the price of Aptos (APT) to surge by an impressive 17%.
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Democratic Congresswoman and House Financial Services Committee Ranking Member, Maxine Waters, has expressed her strong criticism towards PayPal’s stablecoin. Waters raised concerns about the launch of a stablecoin by PayPal, particularly emphasizing the absence of a Federal framework for the regulation, oversight, and enforcement of such digital assets. She argued that Federal oversight and enforcement
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In recent weeks, Bitcoin DEX tokens have been capturing the attention of crypto traders with their extraordinary price movements. One such token, XBTC, has experienced a jaw-dropping surge of +30,000%. However, experts have raised concerns about the legitimacy of this astounding rise, suggesting that XBTC may actually be a scam. Let’s delve deeper into the