Base, Arbitrum, And Ethereum L2s Will Have To Buy Decentralization, Here's Why
After years of refinement, Ethereum, the world's largest smart contracts platform, is scaling. However, it does not scale in the way most decentralization purists desire.
Keep up with what's happening in the crypto world in real-time.
After years of refinement, Ethereum, the world's largest smart contracts platform, is scaling. However, it does not scale in the way most decentralization purists desire.
Arbitrum (ARB) finds itself at a critical juncture in the cryptocurrency market, with its price hovering near the significant resistance level of $0.61. The current trading environment suggests that bullish momentum is building, leading many traders and investors to speculate whether ARB can successfully break through this barrier.
The cryptocurrency market continues to recover, with Bitcoin holding steady at around $69,000 and Ethereum reclaiming the $2,700 mark, investors are buzzing with excitement. Many analysts believe we are on the cusp of a significant Altcoin Season, where mid-cap and small-cap altcoins could see explosive growth.
Arbitrum (ARB) is showing potential for a breakout, with momentum suggesting a move toward $0.68.
Bitcoin (BTC) continues to demonstrate strength, maintaining a trading price above $68,000, despite the common pattern of reduced trading volumes over the weekend. Meanwhile, analysts are turning their attention to potential upward movements for Arbitrum (ARB) and Ethereum (ETH) in the weeks ahead.
Ethereum co-creator Vitalik Buterin on Monday said he hopes to witness the future decentralized autonomous organization (DAO) having more ways to obtain highly decentralized and permissionless formal membership. Buterin claims any currency is permissioned currently and there is even a continuous tradeoff space between the ApeCoin and ZuVillage levels of permissionedness.
Solana's price surged, with strong social dominance driving its momentum this week.
Base soared to new TVL and hit stablecoin market cap highs this week.
Radiant confirmed that its lending markets were facing an "issue" Wednesday, urging users to revoke permissions to smart contracts.
DeFi lender Radiant Capital appears to have been exploited on Binance Smart Chain following newly implemented upgrades.
It appears the attack began on Radiant's BNB Chain instance and then moved onto Ethereum Layer 2 Arbitrum.
Arbitrum Orbit is revolutionizing blockchain technology with customizable chains, enhanced decentralization, and interoperability, fostering innovation across the Ethereum ecosystem.
The Ethereum network has registered a huge influx of Layer Two (L2) scaling solutions, led by Base, but some observers are worried about its declining revenue.
Base has emerged as the largest Layer 2 rollup on the Ethereum network, boasting a total value locked (TVL) of $2.49 billion.
Gasless swaps could ease the DeFi onboarding process, bolstering mass crypto adoption among new holders.
Base, a Layer 2 Ethereum network developed by Coinbase, has now become the largest rollup in terms of total value locked.
Significant token unlock events will take place this week - Arbitrum alone will unlock $51 million worth of tokens.
October greets multiple large-cap altcoins with impending $500M token unlock action: shall investors be concerned?
According to data from TokenUnlocks, over $498 million worth of tokens are scheduled for release between October 14 and October 21, 2024, with Arbitrum (ARB) leading the pack. Arbitrum (ARB) is poised to release the largest amount of tokens in terms of value.
Base, the Ethereum layer-2 scaling solution from crypto exchange Coinbase, has witnessed a surge in activity in the past two months and is now gunning for the top spot in the Ethereum ecosystem.
The CEO and an employee of Offchain Labs, which develops Arbitrum, have countered that complex logistics have led to the program's apparent delays.
In a significant development, Coinbase's Layer 2 blockchain, Base, is on the verge of surpassing Arbitrum as the largest Ethereum Layer 2 by total value locked (TVL), a cryptocurrency metric used to measure the total value of digital assets locked or staked on a particular decentralized finance (DeFi) platform.
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Validators voted to temporarily shutdown the bridge between Hyperliquid and Arbitrum after being served bad data, an incident report explains.