Coinbase’s Base Network Soars to New Heights as Bitget Wallet Drives Over 10% of Transactions

In the last few weeks, Coinbase’s Layer-2 blockchain network, Base, has gained notable attention within the cryptocurrency world. This is evident in the increasing number of on-chain activities. Notably, there has been a noticeable rise in the mainnet transaction volume of Base. The daily transactions have exceeded one million for over thirty days straight. On … Read more

OKX’s L2 blockchain X Layer goes live on public mainnet

OKX, a popular cryptocurrency exchange, has officially made its Layer-2 blockchain, named X Layer, publicly available on the main network. X Layer, formerly called X1, now uses Polygon‘s Chain Development Kit (CDK) for its construction, featuring zero-knowledge tech that empowers developers to build tailor-made chains. The “X” in the name signifies openness and interoperability, indicating … Read more

Snowden warns of NSA’s expanded surveillance under new FISA

The National Security Agency (NSA) intends to broaden its surveillance powers through an amendment to Section 702 of the Foreign Intelligence Surveillance Act (FISA). This proposed change has been approved by the U.S. House of Representatives but faces strong opposition from Edward Snowden and groups like the Freedom of the Press Foundation. If you’re employed … Read more

Bored Ape NFT Floor Price Drops to 90%, Lowest in 2.5 Years

The price of nonfungible tokens (NFTs) from Bored Ape Yacht Club (BAYC) has significantly decreased recently, dropping by more than 90% from its highest point to reach a current floor price of approximately 11.1 Ether (ETH). This is the lowest it has been since August 2021. Reaching below the 10 ETH mark would be a … Read more