On October 25th, according to the official announcement, Binance has completed the integration of Maverick Protocol (MAV) on the Base network and has opened up the token for deposit and withdrawal on the aforementioned network.

Coinbase L2 network Base announced on the X platform that it will launch Builder Grants, a new type of funding for people with early ideas or initial prototypes, with rewards ranging from 1-5 ETH. Nominations are now open.  Two factors will be considered for selection: whether the project is unique and interesting, and whether it can bring more users to the chain.

Ethereum Layer 2 network Base has announced an eight-week training course to transform traditional software developers into blockchain developers. The new project is called "Base Bootcamp" and is free to participate. It is designed for "mid-to-senior-level software engineering individual contributors" who must fill out an application and be accepted to register. The announcement states that each cohort will accept less than 20 members and will stop accepting applications on October 27th.

Base, a layer-2 network of Coinbase, has made its code repositories and smart contracts open-source to increase transparency and accountability and allow public contributions to the project. The move is in line with Base's core value of building in the open and creating an onchain ecosystem.

Coinbase Incubated Layer 2 Network Base has open sourced its codebase to enhance transparency and open up the project's progress to the public. According to their statement, starting today, developers can access the underlying code, including contracts and other deployments, to call Base's various functions.

According to data released by Base Universe, the total number of transactions on the Base chain has now risen to 58 million. In addition, the number of daily active users has significantly increased in the past 7 days, with a recorded user count of over 140,000 on October 16.

According to official sources, on October 19th, Coinbase Layer2 network Base announced that it has migrated its testnet from Goerli to Sepolia. From mid-October to January 2024, Base Goerli and Base Sepolia will coexist, but after that, Sepolia will become the sole testnet for Base.

Token Terminal data analysis, Base earned $1 million from L2 fees last month. However, to obtain the true profit number, the L1 settlement cost and the salaries of approximately 25 core developers need to be deducted.

On October 12th, Dune data shows that the total number of transactions on the Base chain has exceeded 50 million, with approximately 1.711 million users on the chain. The total transaction gas fee is currently 2,577.0788 ETH.

Coinbase's Base platform, an Ethereum-based Layer-2 network, has seen a surge in Total Value Locked (TVL) of 25.23% over the past week, reaching $558 million and surpassing zkSync Era. This growth was primarily driven by the re-minting of native USDC on the network, resulting in a remarkable 470.55% surge to a total of 159 million USDC.