• Coinbase to Launch Blockchain Network as Part of DeFi, NFT Expansion. Base, as the Ethereum-powered network* will be known, is being promoted as a developer-friendly venue for building decentralized applications and is expected to serve as a home for Coinbase’s on-chain products. A testnet of the blockchain went online Thursday.
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  • Arbitrum Outperforms Ethereum in Daily Transactions Amid Airdrop Speculation. Arbitrum, the Ethereum scaling solution, has seen a significant increase in daily transactions, from 150,000 in January to over 1.1 million, representing a 590% rise in less than two months. Speculation about a potential Arbitrum airdrop may have contributed to the increased activity, despite the lack of plans and announcements.

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