Coinbase CEO Brian Armstrong has stated that the Coinbase wallet now has a simple mode focused on payments. For example, it can support sending USDC for free and instantly on Base globally. We will try to make it the default mode for emerging markets to make it easier for users to use. People can switch to advanced mode at any time.
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Coinbase CEO: Coinbase wallet now supports sending USDC on Base instantly
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The total gas consumption on the Base chain exceeds 10,000 ETH
According to the blockchain analysis platform Dune Analytics, the total gas consumption on the Base chain has exceeded 10,000 ETH, reaching 10,839.5062 ETH at the time of writing (equivalent to over $33.6 million at current prices). The average gas usage amount is about $0.1754 per transaction (0.000059661 ETH), and the total number of blocks has reached 13.41 million, with an average transaction volume of about 14.63 transactions per block. In addition, the data shows that the total transaction volume on the Base chain has exceeded 196.2 million, with over 8.366 million users and over 184 million user transactions at the time of writing. Furthermore, the total number of contracts created on the Base chain has exceeded 64 million, reaching 64,056,573 in the current period. -
Starknet Ecosystem DEX Paradex Releases Q2 Roadmap: Plans to Implement Cross-Chain Bridging and Wallet Support
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The Bitcoin-native stablecoin bitSmiley Alphanet V1 Surpasses $24M TVL in 24 Hours!
In a remarkable achievement, bitSmiley's Alphanet V1 skyrocketed to over $24 million in TVL within just 24 hours of its launch with over 6 million bitUSD stablecoins minted through over-collateralization. bitSmiley stands as a pioneering initiative, introducing stablecoins by over-collateralizing Bitcoin. -
USDC circulation increased by $300 million in the past week, reaching a total of $33.3 billion
According to official data reported , as of April 25th, Circle has issued a total of 3.8 billion USDC and redeemed approximately 3.5 billion USDC in the past 7 days, with an increase in circulation of approximately 300 million US dollars. The total circulation of USDC is 33.3 billion US dollars, with a reserve of 33.5 billion US dollars, of which approximately 3.4 billion US dollars are in cash, and the Circle Reserve Fund holds approximately 30.1 billion US dollars. -
Vitalik: PoW is also quite centralized. PoW is just a temporary phase before moving to PoS
Vitalik Buterin, co-founder of Ethereum, stated on social media that PoW is also quite centralized. It just hasn't been discussed too much because everyone knows it's just a temporary stage before transitioning to PoS. This doesn't even involve how to potentially avoid ASICs, simply because the upcoming PoS transition means there's no incentive to build them. -
Another person involved in the OneCoin scheme was arrested and the US prosecutors have filed a lawsuit against him
According to court documents submitted by the Southern District of New York, William Morro, a person involved in OneCoin, has been arrested. Prosecutors said Morro lied to banks about the source of funds to conceal the source of funds related to OneCoin. He was involved in transferring $35 million related to OneCoin to an account in Hong Kong and about $6 million to an account in the United States. -
CZ announces Giggle Academy logo and design ideas
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Grayscale transferred a total of approximately 1,202 BTC to Coinbase and Coinbase Prime this morning
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