Cryptocurrency Live News & Updates : Base Surpasses Solana in Daily Token Launches
Base has overtaken Solana in daily token launches, fueled by Zora's Creator Coins and Coinbase's Base App rebranding, which has attracted nearly 3 million traders and $470M in volume. In a significant shift in the cryptocurrency landscape, Base, an Ethereum Layer 2 network backed by Coinbase, has surpassed Solana in daily token issuances, largely due to the rise of Zora's Creator Coins. The Base App's rebranding has driven user growth, resulting in over 1.6 million Creator Coins minted and nearly 3 million unique traders engaging with Zora. Meanwhile, the crypto market faced turbulence as Bitcoin stumbled, and Coinbase missed expectations, amidst growing momentum for stablecoin regulation. Additionally, a major revelation from Arkham highlighted a previously unreported Bitcoin hack from 2020, marking it as the largest crypto theft in history, with 127,000 BTC stolen from the Chinese mining pool Lubian. This incident raises concerns about operational security in the crypto space. As the market grapples with these developments, attention turns to cryptocurrencies like Pi, Cardano, and Flare, which are under scrutiny due to recent price movements and upcoming events. Overall, the dynamic interplay of innovation, regulation, and security continues to shape the evolving narrative of the cryptocurrency market. Show more
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Time of India
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- Time of India
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Mint
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Time of India
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- Time of India
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