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CATEGORY: cbeth

Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Aug 11, 2023 10:30

Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space

Base, the Ethereum layer two (L2) scaling solution supported by Coinbase, has experienced over $175 million funneled into its decentralized finance (defi) protocol since its creation. The majority of value locked comprises 75,244 ether and nearly $26 million worth of the USDC stablecoin. Coinbase’s Base Grows to $175 Million TVL As one of the pioneer [...]

The post Base’s Rapid Ascent: 136,000 Daily Users and $175 Million TVL in Ethereum’s L2 Defi Space appeared first on Crypto Breaking News.

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Coinbase to withdraw over 70k staked ETH amid SEC lawsuit
Author: Oluwapelumi Adejumo
United States
Source: CryptoSlate
Jun 08, 2023 05:50

Coinbase to withdraw over 70k staked ETH amid SEC lawsuit

Coinbase accounts for roughly 79% of entities waiting to withdraw their staked Ethereum (ETH) as of June 8, according to Nansen’s dashboard.  The exchange wants to withdraw 70,057 ETH (roughly $129 million) of the 88,121 ETH tokens pending withdrawals as of press time. The uptrend in Coinbase’s withdrawal demand comes after the U.S. Securities and […]

The post Coinbase to withdraw over 70k staked ETH amid SEC lawsuit appeared first on CryptoSlate.

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Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
Author: Crypto Breaking News
United Kingdom
Source: Crypto Breaking News
Jun 08, 2023 10:30

Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6

Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering its staking-as-a-service program. Redemptions Soar on Coinbase Amidst SEC Lawsuit [...]

The post Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6 appeared first on Crypto Breaking News.

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