Cryptocurrency thefts on base surge 1,880% since January

April 16, 2024

WASHINGTON, DC, Monday, April 08 , 2024 – Cryptocurrency thefts on the Ethereum layer-2 network Base have skyrocketed by 1,880% since January, according to blockchain security firm Scam Sniffer. The data highlights the growing security challenges facing the rapidly expanding decentralized finance (DeFi) space. The report can be viewed here. Base, designed for faster and […]

Standard Chartered Cuts 2025 Ether Target to $4K

March 18, 2025

Catenaa, Tuesday, March 18, 2025-Standard Chartered has sharply reduced its 2025 price target for ether, cutting its previous forecast from $10,000 to $4,000, citing the growing dominance of Ethereum’s Layer 2 networks, particularly Base.  Geoffrey Kendrick, the bank’s global head of digital assets research, said Base’s rise has significantly eroded Ethereum’s market cap, estimating a […]