Coinbase’s Base: How Many Ethereum Layer 2s Do We Need?

Key Takeaways

• Bitcoin and crypto remained flat over the past 7 days as low volatility continued.
• Fresh excitement for Coinbase’s Base, the new layer 2 launching on August 9. (Link to official bridge.)
• Professional services firm KPMG reported on Bitcoin’s environmental benefits. This was unimaginable only a couple of years ago. Understanding of Bitcoin is slowly improving.
• A dozen Ethereum futures ETFs were filed. The SEC’s first deadlines are mid-October.
• Maker’s Dai Savings Rate is now 8%. Rates won’t last.