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Astro peng
1 day ago
4.6 million transactions in one day: Coinbase’s layer 2 Base breaks a record 🚀

The @base ecosystem has grown with the support of coinbase . Several major protocols like Curve, Aave, and Compound are now used on Base.

Coinbase also launched its own Wrapped Bitcoin, the $cbBTC , on #Ethereum and Base, driving activity on layer 2 ⛓️

The number of new addresses created every day shows that $BASE continues to gain popularity. Unlike competitors like Arbitrum, Base is growing rapidly
Astro peng
7 days ago
🔵 Coinbase launches cbBTC, its Wrapped Bitcoin.

The ERC-20 token will be backed 1:1 by Bitcoin (BTC) held by Coinbase.

cbBTC will be supported on Base and Ethereum, with plans to expand to other blockchains.

“By aggregating assets across more chains, wrapped assets like cbBTC help build a more efficient, interconnected and expansive financial ecosystem.”

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