Base


Opinion

Friend.tech Attracted NBA Influencers. So Why Does Everyone Think Crypto’s Latest Trend Will Die?

Despite its initial success in attracting celebs, the portents aren’t good for the latest “Twitter-killer.”

skull against plain background (Milad Fakurian/Unsplash, modified by CoinDesk)

Web3

Base Is Here, But Some of Its Projects Raise Red Flags

This week, Coinbase launched its new Base blockchain while DeGods NFTs are way up after the project announced its upcoming Season III series. Plus, Microsoft and Aptos are teaming up to launch new blockchain AI tools.

DeGods Season III art preview. (DeGods)

Markets

Coinbase Layer 2 Base Overtakes Optimism in Daily Active Users as Friend.Tech Hype Soars

A grayed-out "airdrop" icon at the top of the Friend.Tech app suggests the platform will release a token.

Base's daily active users soar (Dune)

Videos

Coinbase's New Blockchain Sees Muted Inflows on Launch Day; Is a Spot Bitcoin ETF Coming?

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as the Securities and Exchange Commission seeks to appeal a judge's ruling on Ripple's programmatic sales of XRP. Dune analytics tracks inflows to Coinbase’s newly launched 'Base' blockchain. And, Matrixport analysts predict that the SEC will likely greenlight several spot bitcoin ETFs in quick succession, leading to another rally for bitcoin's (BTC) price.

Recent Videos

Videos

Early Base Whales Have a 'Heavy Meme Coin Bias': Nansen Analyst

According to the crypto analysis firm L2Beat, around $150 million of deposits are locked into apps and protocols on Coinbase's new Base network. This comes as Nansen notes the top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token. CoinDesk's Jennifer Sanasie presents "The Chart of the Day."

Recent Videos

Videos

Coinbase Exec: Seeing 'Mainstream Users Start to Come in' on Base Blockchain

Base, the new Ethereum layer 2 blockchain built on OP Stack by the U.S. crypto exchange Coinbase, went live on Wednesday. Jesse Pollak, creator of Base and Coinbase's head of protocols, joins "First Mover" to discuss the launch in the latest move that aims to bring mainstream awareness to the the on-chain economy. Plus, Pollak's outlook on DeFi and crypto regulation in the U.S.

Recent Videos

Tech

Coinbase's Much-Hyped New Base Blockchain Draws Modest $10M of Inflows on Launch Day

Nearly $166 million had already flowed to the blockchain ahead of the official launch.

(Smith Collection/Gado/Getty Images)

Markets

First Mover Americas: Coinbase Seeks New Revenue Stream From Layer 2 Network

The latest price moves in crypto markets in context for August 10, 2023.

Coinbase CEO Brian Armstrong (Coinbase)

Finance

Early Base Whales Have an Affinity for Meme Tokens, Nansen Says

The top 22 depositors to Base as of July 31 have allocations in a telegram trading bot token, several meme tokens and an on-chain casino token.

(Mike Doherty/Unsplash)

Videos

Coinbase’s New 'Base' Blockchain Goes Live; Rep. Maxine Waters Is 'Concerned' About PayPal's Stablecoin

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Base, Coinbase’s layer 2 blockchain, officially opens to the public. Rep. Maxine Waters (D-Calif.) vocalizes her concerns about the launch of PayPal’s stablecoin. And, a new crypto show aims to capture mainstream attention by taking inspiration from popular TV broadcasts like "The Apprentice" and "Shark Tank."

Recent Videos

Pageof 9