A recent research report from Coinbase Global Inc COIN warned that Layer 2 scaling solutions for Ethereum ETH/USD could potentially end up diverting revenue away from ETH itself. What Happened: Layer 2 networks like Optimism OP/USD, Polygon MATIC/USD and Arbitrum may well become the application layers hosting […]
Crypto exchange Coinbase says that the Lightning Network has the potential to disrupt the massive $150 billion payments industry. Lightning Network is a layer-2 scaling solution built on top of Bitcoin that aims to enable […]
Exchange balance refers to the amount of Bitcoin sitting on exchanges, and it was following a downtrend since January 2022 for both Coinbase and Binance when suddenly Binance’s exchange balance took a turn and started […]
Crypto exchange Coinbase is analyzing the impact that scaling solutions could have on the Ethereum (ETH) blockchain. In a research report, Coinbase says that layer-2 scaling solutions (L2s) could cannibalize Ethereum’s revenue. “The future of […]
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