Base Switches From OP Stack to Custom Codebase
Coinbase's Ethereum Layer 2 network, Base, is moving away from Optimism's OP Stack. The network will now operate on a self-managed codebase, marking a significant architectural shift.
2 min read
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Latest news from the Web3 ecosystem
Kraken Acquires Token Management Firm Magna to Bolster Product Suite
Cryptocurrency exchange Kraken has acquired token management platform Magna, enhancing its product offerings ahead of a potential IPO. This strategic move integrates crucial token lifecycle infrastructure into Kraken's ecosystem.
2 min read
OpenAI and Paradigm Launch EVMbench to Bolster Smart Contract Security
OpenAI, in collaboration with Paradigm, has introduced EVMbench, a novel tool designed to assess AI's capability in identifying and preventing smart contract vulnerabilities.
1 min read
Bitcoin Faces Key Support as Altcoins Show Mixed Signals
Bitcoin's price is testing critical support levels between $68,000 and $65,000. A breach below this zone could trigger further declines towards $50,000.
1 min read
Canary Capital Unveils First Staked SUI ETF for Regulated Exposure
Canary Capital has launched the first-ever Staked SUI ETF, offering investors a regulated avenue to gain exposure to the Sui Network's staking rewards.
1 min read
WLFI Token Surges Amidst High-Profile Crypto Forum Participation
The WLFI token experienced a significant 30% price increase following the announcement of its participation in an upcoming Mar-a-Lago crypto forum, underscoring the influence of political engagement on digital asset markets.
1 min read
Treasury Bills Identified as Key Bitcoin Price Influencer
Recent research from Keyrock suggests that U.S. Treasury bills are the primary force impacting Bitcoin's price, rather than all new money supply.
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SocGen's FORGE Issues Euro Stablecoin on XRP Ledger
Societe Generale's digital asset arm, FORGE, has expanded its EUR CoinVertible stablecoin to the XRP Ledger, marking its third public blockchain integration.
1 min read
Bitcoin Holders Absorb Selling Pressure, Traders Eye $52K
Long-term Bitcoin holders have demonstrated resilience, absorbing recent selling pressure. Meanwhile, traders anticipate a potential price surge towards $52,000 in the near future.
2 min read
Zora Protocol Announces Strategic Migration to Solana
Zora, a prominent NFT infrastructure protocol, is transitioning its core services to the Solana blockchain. This move follows recent developments for the Ethereum-based DAO and the XRPL.
1 min read
Coinbase's Base Transitions From OP Stack to Custom Ethereum L2 Architecture
Coinbase's Ethereum Layer-2 network, Base, is undergoing a significant technological overhaul, moving away from its initial reliance on Optimism's OP Stack.
2 min read
Riot Platforms Stock Surges Amid Activist Investor's AI Data Center Push
Riot Platforms' stock experienced a significant rally following a proposal from activist investor Starboard Value to leverage its substantial power capacity for AI data center expansion.
2 min read