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Coinbase has public ly launch ed its Base mainnet , introducing a platform with over 100 dapps and several service providers. Coinbase launched its Base mainnet to the public on Aug. 9. Its ecosystem contains over 100 decentralized applications (dapps) and service providers. This development addresses some challenges users face with the Ethereum (ETH) blockchain. Jesse Pollak, the protocol lead at Coinbase, highlighted that Base offers a faster transaction pace and reduced transaction costs compared to Ethereum. However, as with any new technology, users and developers should conduct thorough research and testing to validate these claims. Base is open and Onchain Summer is here 🟡 Become a part of Base history by minting “Base Day One” to join the story of bringing the world onchain Our story.https://t.co/qaDj7CBCMd pic.twitter.com/9PZCLQQV7p — Base ️ (@BuildOnBase) August 9, 2023 The Base mainnet has its roots in a testnet that debuted in February, followed by a developer-...

Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish. Bitcoin (BTC) might have shown strength after successfully defending the $28,000 support amid unfounded rumors regarding Binance, but an interesting development to note is BTC is becoming less correlated to traditional Markets after the U.S. Federal Reserve elected to provide emergency liquidity to banks.  This change in attitude from the central bank has caused a shift in the trajectory of US Treasuries as traders sought refuge from the inflationary upward pressure. Bitcoin appears to be agnostic to the movement and its price has been hovering around $28,000 for the past week. Meanwhile, the yield on the 5-year note fell to 3.50% on April 3, a drop from 3.70% in the previous week. Higher demand for debt instruments reduces payout, resulting in a lower yield. The $152.6 billion in outstand...

Users can earn staking rewards by delegating the staking process to Cardano staking pool operators via reputable exchanges. Founded in 2015 by Ethereum co-founder Charles Hoskinson, Cardano is a proof-of-stake (PoS) blockchain that is often referred to as the “Ethereum killer,” owing to its superior technology and high level of security and sustainability. Much like Ethereum, Cardano also allows users to stake its native cryptocurrency, ADA, to earn staking rewards. Cardano allows individuals to stake via staking pool operators and pool their tokens with other users or run their own Cardano staking pool. Staking pools are frequently operated by those with technical experience and the appropriate hardware for effectively staking on the Cardano network, although anyone can become their own staking pool operator. Users also have complete autonomy to decide which pool they’d prefer to join and can assess each based on pool size, uptime and past performance. Cardano divides periods of time...

Banning retail crypto staking in the US would result in even more businesses moving offshore, argues the Coinbase co-founder. The CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes that banning retail crypto staking in the United States would be a ‘terrible’ move by the country's regulators.  Armstrong made the comments in a Feb. 9 Twitter thread which has already been viewed over 2.2 million times, after noting they've heard “rumors” that the U.S. Securities and Exchange Commission “would like to get rid of crypto staking” for retail customers. “I hope that's not the case as I believe it would be a terrible path for the U.S. if that was allowed to happen.” Armstrong did not share where the rumors originated from but continued to note that staking was “a really important innovation in crypto.” “Staking brings many positive improvements to the space, including scalability, increased security, and reduced carbon footprints,” he added. 2/ Stakin...