Coinbase Now Supports Asset Recovery On BSC & Polygon
Uniswap's New Wallet Browser Extension, Memecoins Soar With PEPE Leading, Polygon Prepares For Ethereum's Dencun Upgrade
Welcome to Coinfeeds Daily Digest! Today we cover Arweave launching the testnet for a scalable compute layer designed for social media and AI, Uniswap releasing a wallet browser extension among other web tools like limit orders and data pages for user-friendliness and convenient operations across different dApps. Ethereum's proto-danksharding Dencun upgrade is set to help Polygon's zkEVM handle more data and do it cheaper, which will affect dependent apps positively in the same manner. Moreover, the meme coin market is up quite a lot, where the Pepe token is leading the surge with a 118% jump and dragging forward others like Dogwifhat and Floki Inu. Also, Coinbase has announced an expansion of its asset recovery services from the Ethereum network only to Binance Smart Chain and Polygon.
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Coinbase Unveils Asset Recovery Support on BSC and Polygon
Coinbase initially launched an asset recovery tool for Ethereum in December 2022, which was designed to help users recover unsupported tokens mistakenly sent to their Coinbase addresses. Building on the success of this tool, which has already facilitated the recovery of over $160 million worth of funds for users, Coinbase has expanded its recovery services to include two more blockchains: BNB Smart Chain and Polygon. | Read More
Uniswap Releases Wallet Browser Extension, Other Tools
Uniswap has unveiled a suite of new tools designed to simplify the process of trading digital assets. At the forefront of these innovations is the Uniswap Extension, a browser sidebar wallet extension. This tool is designed to integrate seamlessly into users' web browsers, allowing them to swap tokens, sign transactions, and manage their cryptocurrency holdings without having to navigate away from their current web page. | Read More
Arweave Unveils ‘Absurdly Scalable’ Compute Layer Testnet For Social Media & AI
Arweave has recently announced the launch of its public testnet for Arweave AO. This new blockchain network is specifically designed to cater to the needs of social media platforms and AI technologies, promising to offer a level of scalability that surpasses any existing blockchain solutions. | Read More
Polygon zkEVM Prepares For Ethereum's Dencun Upgrade, Fee Reductions With EIP-4844
Polygon zkEVM, a Layer 2 solution designed to enhance Ethereum's scalability and efficiency, stands to benefit greatly from the Dencun upgrade and the implementation of EIP-4844. The integration of proto-danksharding will allow Polygon zkEVM to handle a larger volume of data in a more cost-effective manner, which is crucial for applications that require high throughput and low transaction costs. | Read More
Pepe Soars 118% in 48 Hours, Leading Memecoin Rally
The rally that Pepe and other meme coins experienced is part of a larger trend in the cryptocurrency market. With Pepe's market capitalization surpassing the $1 billion mark and a 24-hour trading volume skyrocketing to $1.38 billion—a 480% increase—this movement has caught the attention of both retail and institutional investors. | Read More
AERO Token Soars 77% After CB Venture's Investment In Aerodrome Finance
AERO, the native token of Aerodrome Finance, has seen an impressive surge of 77% in its value. This remarkable increase came on the heels of an investment by the Base Ecosystem Fund, spearheaded by CB Ventures, marking a pivotal moment for both Aerodrome Finance and the broader Base blockchain ecosystem. | Read More