• Midas Crypto
  • Posts
  • 🌙 Base Surpasses BNB in Active DEX Users

🌙 Base Surpasses BNB in Active DEX Users

According to Dune Analytics, Base's DEX users surged by 53% in the last 24 hours to a record 267,000, surpassing Binance Chain, which has 154,000 active DEX users.

Author

Mike Gavela
June 18, 2024

Crypto Roundup - June 18

Base Network has recently outperformed Binance Chain in the number of active decentralized exchange (DEX) users, marking a significant milestone in blockchain activity. In a substantial move within the cryptocurrency mining industry, CleanSpark has acquired two Bitcoin mining facilities in a deal worth $25.6 million, aiming to expand its mining capacity. Meanwhile, Polymarket's insights into the DJT memecoin on Solana suggest an emerging trend in political-themed cryptocurrencies, reflecting on its market potential and user engagement.

Top Stories:

  • Base Network surpasses Binance in active DEX users, highlighting its growing popularity.

  • CleanSpark acquires Bitcoin mining facilities in a $25.6 million deal, expanding its operations.

  • Polymarket highlights DJT memecoin on Solana, indicating interest in political-themed cryptocurrencies.

TOP STORIES

Base Network Surpasses Binance Chain in Active DEX Users - The Defiant

Trading on Base, the Coinbase-supported Layer 2, is soaring, positioning the network to become the second-most active in terms of decentralized exchanges (DEX) users this month.

thedefiant.io/news/blockchains/base-network-surpasses-binance-chain-in-active-dex-users

CleanSpark buys bitcoin mining facilities in $25.6 million deal

CleanSpark has purchased five turnkey bitcoin mining facilities with the operating hashrate of the combined facilities anticipated to exceed 3.7 EH/s.

www.theblock.co/post/300684/cleanspark-buys-bitcoin-mining-facilities-in-25-6-million-deal

Is Solana-based Trump memecoin DJT fake? Here’s what bettors say

Bettors on Polymarket are skeptical that DJT, a memecoin launched on Solana yesterday, was actually created by Donald Trump.

www.dlnews.com/articles/markets/what-polymarket-says-about-trump-djt-memecoin-on-solana

FUNDRAISES

OTHER HEADLINES

Arkham offers $150,000 bounty to find out who's behind Trump-themed DJT token

The token is up over 300%, presumably based on an unsubstantiated report Trump's camp had launched the token

www.theblock.co/post/300751/arkham-offers-150000-bounty-to-find-out-whos-behind-trump-themed-djt-token

dYdX gets isolated margin, isolated markets, and Raydium support in latest upgrade

The dydx protocol announced a suite of new features in their latest upgrade including isolated margin, isolated markets, and support for Raydium Markets.

cointelegraph.com/news/dydx-isolated-margin-markets-raydium-support-upgrade

Former Thodex CEO Faruk Özer starts 11,196-year prison sentence

Faruk Özer once held a hardware wallet containing $2 billion worth of crypto. This week, he's entering prison to start his mammoth sentence.

protos.com/former-thodex-ceo-faruk-ozer-starts-11196-year-prison-sentence

CRYPTO TWITTER (X)

SHARE!

Love our newsletter? Share it with your friends, family, colleagues, interns who need to stay on top of the crypto markets! Join over 85,000 investors and crypto degenerates who read Midas Crypto daily!