Web3

Trump Presidency Not Needed for XRP’s Rise

Trump Presidency Not Needed for XRP’s Rise

Deepshova

Xena, an influential member of the XRP community debunked the idea that Trump must get re-elected for XRP to succeed. ...

India Proposes a Global CBDC Interoperability System

India Proposes a Global CBDC Interoperability System

Deepshova

The RBI which is the central bank of India has recently introduced a new concept known as the “plug-and-play” that ...

Solana Sees 40% Surge in Trading Volume

Solana Sees 40% Surge in Trading Volume

Sagun Seewa

Solana (SOL) has perceived a 40% boost in trading volume and that might be on the path of recovery. This ...

Base Network Surpasses 1 Million Daily Active Addresses for the First Time

Base Network Surpasses 1 Million Daily Active Addresses for the First Time

Sagun Seewa

The Base Network crossed 1 million daily active addresses, creating a significant milestone in the decentralized finance (DeFi) landscape. This ...

The Base Network crossed 1 million daily active addresses, creating a significant milestone in the decentralized finance (DeFi) landscape. This is the first time that Base Network has reached this milestone. The milestone signifies the beginning of the next phase in the rapid evolution of Base Network. Base Network is an Ethereum Layer 2 scaling solution developed by Coinbase. The Base Network is a cost-effective and scalable alternative to the Ethereum mainnet. This has led to the increasing number of daily activities of the Base Network. It shows that interest of users are growing in the Layer 2 solutions.  Diverse users are attracted to it due to the high transactions at low fees. From retail traders to investors, are seeking possibilities to capitalize on benefits from Layer 2 technology. The rise in the activities also depicts the vast uptrend in DeFi. The users are inclined toward decentralized solutions for trading, lending and more. Thus, with the advanced technological platform and support of Coinbase, Base Network has become prominent for the further development of decentralized Finance. As the Base Network gains more popularity, there are chances of innovations in the DeFi environment. Therefore, the achievement made in the daily active addresses by reaching 1M  points to the bright future of Layer 2 solutions in the blockchain market.

Binance Urges U.S. Help as Exec Marks 6 Months in Detention

Deepshova

Binance CEO Richard Teng wants the U. S. to intervene. As, Binance executive Tigran Gambaryan, a former U. S. federal ...

SEC Charges Brothers in $60M Crypto Ponzi Scheme

SEC Charges Brothers in $60M Crypto Ponzi Scheme

Deepshova

The U.S. Securities and Exchange Commission(SEC) charged brothers Jonathan and Tanner Adam with running a $60 million Ponzi scheme using ...

Vitalik Buterin Defends Ethereum’s DeFi Stance Amid Criticism

Vitalik Buterin Defends Ethereum’s DeFi Stance Amid Criticism

Deepshova

During the recent critique of Ethereum, one of its co-founders-Vitalik Buterin-took very active part in the debate. The debate was ...

Kaspa and Polkadot Falter as RollBlock Thrives Amid Bitcoin Crash

Kaspa and Polkadot Falter as RollBlock Thrives Amid Bitcoin Crash

Sagun Seewa

In the latest time, Kaspa and Polkadot have been dealing with a setback by the Bitcoin crash. The crash in ...

Trump’s Crypto Project Fuels New Digital Currency Buzz

Trump’s Crypto Project Fuels New Digital Currency Buzz

Deepshova

Ex-U.S. President Donald Trump and his sons, Eric and Don Jr., have stirred the cryptoverse’s interest. Their new mysterious venture ...

Argentina To Introduce Ethereum In High School Curriculum 1024x585

Argentina Adds Blockchain, Ethereum to High School Curriculum

Deepshova

The Argentine government has announced that it will offer blockchain and Ethereum classes at the high school level beginning August ...