Ethereum Foundation Being Investigated By 'State Authority'
Coinbase To Bring Futures Of Dogecoin & Others, TON Launches $115M Initiative
Welcome to Coinfeeds Daily Digest! Today we cover the Ethereum Foundation being under investigation by an undisclosed state authority, as shown in one of the foundation's main GitHub repository. The TON project is launching a rewards initiative for the community that's worth over $115 million, and an Ethereum-based blockchain games network Xai is poised to add 100+ web3 games by the end of this year through its The MIX partnership. Coinbase's Base network saw a massive surge in on-chain activity, which spiked network fees and caused transactions to become 'stuck', and Coinbase announced that they will be adding futures trading for DOGE, LTC, and BCH.
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Ethereum Foundation Under Investigation By 'State Authority'
Recent updates from the Ethereum Foundation's GitHub repository have brought to light that the organization is cooperating with a confidential inquiry from a state authority. The specifics of the investigation, including the authority involved and the reasons behind it, have not been disclosed. | Read More
Coinbase to Launch Dogecoin Futures
Coinbase, a leading US-based cryptocurrency exchange, has announced plans to launch futures trading for Dogecoin, along with Litecoin and Bitcoin Cash. This development is set to commence as early as April 1, leveraging a self-certification process that allows the exchange to bypass immediate approval from the CFTC. | Read More
TON Launches $115M Community Rewards Initiative
The TON Foundation has unveiled a initiative aimed at fostering innovation within its ecosystem. Dubbed The Open League, this program is set to distribute over $115 million worth of Toncoin, the native cryptocurrency of the TON blockchain, to its community members. Starting from April 1, 2024, The Open League will allocate 30 million Toncoin to various projects and users within the TON ecosystem. | Read More
Coinbase's Base Network Sees Traffic Surge, Transactions 'Stuck'
Coinbase's Base, a L2 blockchain built to lower fees on Ethereum, has been grappling with a significant surge in traffic. This increase has led to a notable rise in transaction fees and resulted in numerous transactions becoming 'stuck'. The primary driver behind this appears to be a growing interest in 'meme coins' on the Base platform, which has seen daily transaction counts leap from under 200,000 to over 600,000. | Read More
Gaming Network Xai Could Add Over 100 Games This Year
In a groundbreaking move, Xai has announced plans to add over 100 games by the end of 2024, a development that could redefine the gaming landscape. Xai's ambitious goal is made possible through a strategic partnership with The Media Indie Exchange (The MIX), an organization renowned for its role in connecting indie game developers with publishers and media. | Read More