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Shibarium wallets surpass 100K after SHIB devs relaunch bridge

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Shytoshi Kusama, the co-founder of the SHIB token, said the bridge was fixed with the help of Polygon Labs co-founder Sandeep Nailwal. Shibarium, a new layer-2 blockchain for Shiba Inu (SHIB) has surpassed 100,000 wallet s on its platform with 35,000 coming within 24 hours of Shibarium's relaunch on Aug. 28. Shytoshi Kusama, the lead developer and co-founder of Shiba Inu, confirmed Shibarium was back up and running in an Aug. 28 blog post. At the time, Kusama noted that Shibarium tallied 65,000 wallet s across 350,000 transactions — however, those figures have rocketed upwards since, respectively increasing 55.8% and 20.2%, according to Shiariumscan.io. Shibarium’s block explorer shows that 101,277 wallets have now facilitated 420,897 transactions across 344,614 blocks, with an average block time of 5 seconds. The number of wallet addresses increased from 65,000 to over 100,000 within 24 hours of Shibarium re-opening. Source: Shiariumscan.io In a statement, Kusama said the relaun...

Coinbase launches its own Ethereum Layer 2 network for building decentralized apps

The network, known as Base, is designed to be a low-cost, secure, and developer-friendly environment that Coinbase said will serve as a bridge to bring users into the crypto economy. On Feb 23, crypto exchange Coinbase announced the launch of Base — an Ethereum Layer 2 (L2) network . The company claimed this new network will offer a low-cost, secure, and developer-friendly environment for building decentralize d apps (dApps) on the blockchain. According to Coinbase, Base is designed to be a bridge for users into the crypto economy, offering access to other L1 ecosystems like Solana and making it interoperable with other chains. It will also provide access to Coinbase's products, users, and tools, as well as easy fiat onramps and powerful acquisition tools. The company plans to progressively decentralize the chain over time, and has no plans to issue a new network token. This is a developing story, and will be updated as more information becomes available. Source: https://t...