Crypto Exchange OKX Says Its Ending Services in India in Response to Regulation

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Morph EVM Raises $19M in Seed Round Led by Dragonfly

March 21: Morph, a fully permissionless Ethereum Virtual Machine (EVM) layer 2 for value-driven dApps, announced the close of a $19 million seed round, led by DragonFly Capital with additional participation from Pantera Capital, Foresight Ventures, The Spartan Group, MEXC Ventures, Symbolic Capital, Public Works, MH Ventures, Everyrealm, with an additional $1MM raised in an angel round. According to the press release: “The innovative technology is built within three key pillars – decentralized sequencer, optimistic zkEVM integration and modular design.” Source

Coinbase’s Base Chain Warns of ‘Stuck’ Transactions Amid Traffic Surge

“Due to high network traffic on the Base network, transaction fees increased over the last 24 hours. Some user transactions that were submitted with lower fees may be stuck in a ‘pending’ state,” a representative for Coinbase told CoinDesk in an emailed statement. “If possible, users with pending transactions should cancel their transaction and resubmit with the latest estimated gas fee. If you are unable to cancel your pending transaction, the transaction will complete once traffic subsides.” Source