Crypto exchange Coinbase’s Ethereum layer-2 blockchain Base has seen its total value locked (TVL) surge by over 13.2% in the past week to surpass $4 billion for the first time as its 30-day transactions beat out Ethereum and its top rival Arbitrum. L2BEAT data updated on April 7 shows Base’s total TVL at $4.15 billion, including $1.45…

Many crypto traders are eyeing the Bitcoin halving event as a primary driver for a potential price spike, but the time of year will be an obstacle, according to cryptocurrency exchange Coinbase. The crypto market will need to find another narrative to further push up prices across the board, Coinbase further explained in its April 5…

Fantom creator Andre Cronje has shown support for the Solana network, amid the recent transaction failures on the network. Cronje is considered one of the most influential thought leaders in decentralized finance (DeFi). According to a post on the X social platform by the co-founder, some critics view the ongoing congestion as Solana’s flaw, yet it stems…

What is KYC and how does it work? KYC, which stands for “Know Your Customer,” is a due diligence and security process implemented by financial institutions to verify the identity of their clients and determine the potential risks of illegal activities such as money laundering and terrorism financing. By helping protect companies from doing business…

Cboe Global Markets has asked the United States Securities and Exchange Commission to approve a rule change that would allow issuers to combine exchange-traded funds (ETFs) and mutual funds. According to a Reuters report on April 4, Cboe submitted a 19b-4 form requesting the green light to add an ETF share class to existing mutual funds, allowing…

Ethereum layer-2 protocol Starknet suffered a block reorganization that led to a backlog of transactions. The protocol’s block monitoring tool, Starkscan, showed an outage of four hours in block production. Starkscan shows a gap between the creation of blocks 630028 and 630029 on April 4, while Starknet’s status page did not reflect any outages on the network on…