Base | ForkLog

ForkLog 12 27.09.2024

Base Network’s TVL Surpasses $2 Billion

The total value locked (TVL) in the Base network has, for the first time, exceeded the $2 billion mark. TVL Base. Data: DeFi Llama. Supported by the Coinbase exchange, the network has secured the second position in terms of funds among L2 solutions and ranks sixth among all blockchains. Top 10 networks by TVL. Data: […]

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ForkLog 28 12.09.2024

Coinbase Introduces Wrapped Bitcoin Token

On September 12, the cryptocurrency exchange Coinbase launched Coinbase Wrapped BTC (cbBTC), a wrapped version of Bitcoin (1:1) in the form of an ERC20 token. This was announced in the platform’s blog. “With cbBTC, we continue to expand economic freedom by providing users with more ways to use their Bitcoin,” the company clarified. According to […]

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ForkLog 11 28.08.2024

Base Surpasses Other L2 Solutions in Active Addresses

According to data from the analytical platform Growthepie, the number of active addresses on the L2 solution Base increased by 45% in August. The network outpaced Arbitrum One, ZKsync Era, and Linea. In the past 24 hours, over 919,000 addresses interacted with Base. By comparison, Arbitrum One saw a decrease of 1.6%, ZKsync Era dropped […]

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ForkLog 18 20.08.2024

Base to Launch Domain Name System on ENS Infrastructure

On August 21, the Base team will launch the Basenames domain name system for its L2 solution, utilizing the Ethereum Name Service (ENS) infrastructure. ‘Very soon’ means…tomorrow Get ready to claim your Basename https://t.co/NQd6aJV0MC — Base (@base) August 19, 2024 According to the announcement, base.eth subdomains will be offered via a Dutch auction, with prices […]

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ForkLog 18 14.08.2024

Coinbase Hints at Launch of ‘Wrapped’ Bitcoin

Cryptocurrency exchange Coinbase has announced the potential launch of a product called cbBTC. Commentators speculated that this refers to its own version of ‘wrapped’ Bitcoin. Coming soon. — Coinbase ?️ (@coinbase) August 14, 2024 The platform added only the word “soon” to its very succinct message. Almost simultaneously, Jesse Pollak, head of the Coinbase-supported Ethereum […]

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ForkLog 9 25.07.2024

Base Network Achieves New On-Chain Highs

Base has set new records in both transaction count and active addresses on the network. This surge has bolstered the project’s position as a leading L2 solution, according to experts at The Block. Source: The Block. On July 23, the network recorded 3.97 million transactions. In just the last 10 days, this figure has risen […]

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ForkLog 10 22.07.2024

ETHTrustFund Founder Accused of $2.2 Million Rug Pull

On July 21, the founder of the cryptocurrency hedge fund ETHTrustFund, known by the pseudonym Reng, transferred $2.2 million to a new wallet after three months of inactivity. Several on-chain analysts reported a likely rug pull. RUG ALERT ? Yesterday, the project known as ETHTrustFund (@ethtrustfund_ now deleted) sent +$2M from the treasury to a […]

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ForkLog 13 17.07.2024

Degen Chain User Loses 90% of Funds in Transaction Mishap

A user of the L3 solution Degen Chain, known by the pseudonym Tempe.degen, reported losing 90% of their funds during a cross-chain transfer. The project team blamed third-party service providers for the issue. According to the affected individual, on July 16, they transferred 900,000 DEGEN in two transactions from the native blockchain to the Base […]

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ForkLog 10 18.06.2024

Base DEX Users Reach Record 267,000

The number of DEX users on Base has surged to an all-time high of 267,000. Recently, the number of Base DEX trading users has continued to grow, reaching 267k on June 17, a record high. Base DEX trading users have now surpassed BNB Chain and is second only to Solana. This is related to the […]

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ForkLog 9 10.06.2024

Base Surpasses Optimism with $8 Billion in Total Value Locked

The total value locked (TVL) in the Ethereum Layer 2 network Base has exceeded $8 billion, surpassing the OP Mainnet from the Optimism team. TVL Base. Source: L2BEAT. According to L2BEAT, as of June 10, TVL Base comprises $2.13 billion in canonical value (assets tied to Ethereum) and $5.84 billion in native funds. The protocol […]

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ForkLog 6 09.06.2024

Friend.Tech Team Announces Transition to Proprietary Friendchain Network

The developers of the decentralized social application Friend.Tech have announced the development of the Friendchain network in collaboration with blockchain infrastructure company Conduit. We’re pleased to be working with @conduitxyz on Friendchain, our own blockchain that uses $FRIEND as a fully transferable gas token. We’ll keep you up-to-date with all the info you need over […]

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ForkLog 12 27.05.2024

Friend.Tech Token Plummets 30% Amid Migration Proposal from Base

The co-founder of the decentralized social application Friend.Tech, known by the pseudonym Racer, has expressed a desire to move the protocol from the L2 network Base. The FRIEND token responded with a 32% drop. 15-minute FRIEND/USD chart on BunnySwap. Data: Gecko Terminal. At the time of writing, the asset is trading at $0.96 with a […]

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