Base Network Suffers Downtime, Here’s What Happened
Coinbase’s Base experienced a 30-minute downtime that led to a halt in block production, deposits, withdrawals, and flashblock operations but the network is back in operation.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Coinbase’s Base experienced a 30-minute downtime that led to a halt in block production, deposits, withdrawals, and flashblock operations but the network is back in operation.
Pi Network Ventures has contributed to OpenMind’s $20 million fundraising round for the creation of its humanoid robots.
Up over 40% in a month and 11% in a day, LTC now ranks as the second most-used crypto for payments, behind only Bitcoin.
Pump.fun saw a drop in its monthly revenue, falling to $24.96 million from $130 million in January as meme coin hype fades off.
Ethena native cryptocurrency ENA has seen more than a 14% surge in price within the last 24 hours amid positive sentiments surrounding the USDe stablecoin.
Bitmine, led by Tom Lee, scooped up $300 million in ETH, while BlackRock’s Ethereum ETF logged in $1.7 billion in inflows.
Cardano (ADA) has reached a historic milestone with its community approving a $71 million grant to fund core protocol upgrades via Input Output Engineering (IOE).
Pepe price tumbles to a 25-day low at $0.00001 on Saturday, August 2, as prominent investor Arthur Hayes sparked market panic, offloading millions.
Ripple Labs locked 700 million XRP in escrow after the token drops below $3. Price remains unstable following the Fed interest rate announcement.
Mill City Ventures invests $450 million into SUI, becoming the first public company to hold the coin as a treasury reserve.
Solana trades around $180 on Wednesday after dropping from last week’s $200 high, while investors staked 4.1 million SOL in response to SEC’s crypto ETF rule changes.
Tron price climbed 4.2% to $0.33 while other major altcoins declined, driven by increased stablecoin demand as traders rotated profits into safer assets.
Solana closed at $186.69 with 1% intraday gains while lagging rivals like Ethereum and XRP that gained over 2%, but flat $10.7 billion open interest amid price consolidation suggests traders may be positioning for a breakout following last week’s 10% retracement.
Hayden Davis admits LIBRA was a memecoin as a primary crypto transfer during the Milei meeting, which fuels new fraud questions.
There are some strong signs of the start of the altseason, where altcoins outperform Bitcoin.