Ever since its launch last year in July 2023, Coinbase’s Layer-2 network Base has seen strong growth and acceptance in the decentralized finance (DeFi) market. Amid this development, Base has become an important contributor to the company’s profits. Coinbase Base Contributes $26 Million In Profits Coinbase Base, an Ethereum-based Layer-2 solution, has witnessed strong growth The post Coinbase Layer-2 Network Base Brings USD 26 Million Profit, Strong Outlook ahead appeared first on CoinGape .
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Samourai Wallet Co-Founder Denies Money Laundering Charges
Keonne Rodriguez, a Samourai Wallet co-founder, has pleaded not guilty to his alleged role in operating a crypto mixer service. This case develops as the U.S. authorities increase their surveillance over technologies aimed at improving the privacy of cryptocurrency transactions. Charges and Court Appearance Rodriguez, 35, was accused in the U.S. District Court for the The post Samourai Wallet Co-Founder Denies Money Laundering Charges appeared first on CoinGape .
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US SEC Slammed By Lawmaker Over Misleading Ethereum Security Tag
SEC Chairman Gary Gensler’s insistent categorization of Ethereum (ETH) as security has attracted a comment from American attorney and lawmaker Thomas Emmer. The United States Representative perceives a hint of dishonesty in the lack of a clear stance on the matter. SEC Accused of Regulatory Dishonesty According to FOX Business reporter Eleanor Terrett, her conversation The post US SEC Slammed By Lawmaker Over Misleading Ethereum Security Tag appeared first on CoinGape .
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Top Crypto Assets Flouting Bearish Outlook
The general market outlook stands in the redzone as crypto assets plunge to weekly lows. Onchain data shows a drop in asset prices as investors’ sentiments plunge. However, some crypto assets are moving against the downward trend posting huge gains in the last few weeks. While the bearish trend remains, memecoins are trading against the The post Top Crypto Assets Flouting Bearish Outlook appeared first on CoinGape .
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Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations
The announcement of Eigenlayer’s airdrop, featuring non-transferable tokens and aggressive geo-restrictions, has sparked outrage among users who felt the allocated amount was minimal and the documentation confusing. Despite adding over $15.7 billion in staked Ether in anticipation, participants criticized the linear distribution model favoring large restakers and the stringent geographic limits excluding users from 30
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Why Bitcoin Price Was Down In April Month? What Next For BTC Price?
The post Why Bitcoin Price Was Down In April Month? What Next For BTC Price? appeared first on Coinpedia Fintech News Bitcoin and the broader cryptocurrency market faced a downturn on Monday, driven by anticipation of a significant Federal Reserve meeting later this week. As investors speculated about the meeting’s implications, the potential for a longer period of higher interest rates created uncertainty, leading to a sell-off. Bitcoin fell to a one-week low of $61,928 in …
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Ethereum Price Analysis: ETH Dips Again But Bulls Remain Active
Ethereum price started a downside correction from the $3,350 resistance against the US Dollar. ETH price is now trading near $3,200 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $3,125 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh The post Ethereum Price Analysis: ETH Dips Again But Bulls Remain Active appeared first on Live Bitcoin News .
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Bitcoin’s Turbulent April: Insights into Its Worst Month Since 2022
The post Bitcoin’s Turbulent April: Insights into Its Worst Month Since 2022 appeared first on Coinpedia Fintech News Bitcoin has faced a turbulent month, with significant selling pressure and declining prices. Rayg Ruiz, a popular crypto analyst, shared his insights on X, outlining five key aspects that Bitcoin enthusiasts should be aware of as the cryptocurrency navigates through a challenging period. Let’s break down the critical points highlighted by Ruiz – Price Action: …
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Doge With Hat (DOGEHAT) to Rally 5,500%, as it Looks to Challenge Shiba Inu and Dogecoin
Doge With Hat (DOGEHAT) could become a viral memecoin, like Shiba Inu (SHIB) and Dogecoin (DOGE). Doge With Hat (DOGEHAT), a Solana memecoin that was launched today, is aiming to challenge other memecoin giants, such as Shiba Inu (SHIB) and Dogecoin (DOGE). Early investors in SHIB and DOGE made astronomical returns, and Doge With Hat presents a similar opportunity. Doge With Hat has market cap below $10,000 at the moment, meaning that when it just reaches a modest market cap of $200,000-$500,000, early investors would generate returns of 2,000%-5,000% in a matter of days or hours. The exciting memecoin is
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