Tag: Coinbase

Base surpassed other layer-2 networks like Optimism and Arbitrum in terms of daily transactions but still lagged behind Polygon and BSC. Coinbase layer-2 network Base hit a new peak in terms of daily transactions, breaking its former record when it was launched in August, according to data from blockchain explorer BaseScan. On Sept. 14, the…

From flatcoins to on-chain advertisements, Brian Armstrong hopes aspiring developers take the time in the bear market to build out these crypto concepts. Coinbase CEO Brian Armstrong has unveiled the ten ideas he is most excited about when it comes to crypto’s future, sharing hopes that developers can use the bear market to take them…

Circle announced that a Base version of its USDC stablecoin would be available soon, eventually eliminating the need for the USDbC bridged version. Circle’s United States dollar stablecoin, USD Coin, will launch natively on the Base network “next week,” according to an Aug. 29 social media post from CEO Jeremy Allaire. The new version will…

The two networks will share profits and governance using multisignature wallets, and a “security council” will be formed as the ecosystem grows. Developers behind the Base and Optimism networks have jointly announced a revenue-sharing and governance-sharing agreement. Coinbase, the parent company of Base, has also published a list of “principles of neutrality” it will follow…

Bitcoin price is closely linked to several financial assets but the reasons for correlation with certain precious metals and stocks can be quite different. The financial media often points out Bitcoin’s correlation to big tech. “Bitcoin is trading like a tech stock” is a common narrative alongside BTC’s often acute inverse-relationship with the United States dollar. But…

Coinbase and Circle have redefined their relationship, according to identical announcements on the Coinbase and Circle blogs on Aug. 21. The two organizations jointly launched the USD Coin stablecoin and have, until now, governed the token through the Centre Consortium. The Centre Consortium “will no longer exist as a stand-alone entity,” the blog past said, and governance and operations…