Base


Tech

Risc Zero’s 'Boundless' Incentivized Testnet Goes Live

The incentivized testnet, which the team is calling its Mainnet Beta, will let users participate in the network's decentralized marketplace for ZK computation.

RISC Zero is building a scalable blockchain using zk rollups (Andrew Haimerl/Unsplash)

Markets

Coinbase's Base Sees Over $4B in Outflows Through Cross-Chain Bridges; Ethereum Nets Inflows of $8.5B

Coinbase's Layer 2 solution, Base, has experienced a net outflow of $4.3 billion this year, reversing its previous position as a top performer.

US Dollars

Markets

Coinbase Brings Wrapped Cardano, Litecoin to Base With cbADA, cbLTC

The exchange rolled out ERC-20 versions of ADA and LTC that are backed on a 1:1 basis, enabling Cardano and Litecoin holders to tap into Ethereum-style DeFi via its Base network.

Coinbase (appshunter.io/Unsplash)

Finance

Every Fintech Firm Will Run Its Own Blockchain 'in Next Five Years:' Optimism

The logic behind this assertion is straightforward and simple, says OP Labs head of product Sam McIngvale.

Sam McIngvale (CoinDesk archives)

Finance

Shopify to Enable USDC Payments on Coinbase's Base for Merchants Worldwide

The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year.

Shopify app screen for merchants displayed on a mobile phone. (Roberto Cortese/Unsplash)

Tech

Coinbase’s Base Network Achieves ‘Stage 1’ Status, Reducing Centralization Risk

The move means that Base will now have a security council which will help approve certain network upgrades if needed.

Jesse Pollak (courtesy Winni Wintermeyer/Coinbase)

Markets

Coinbase Embroiled in Alleged Frontrunning Controversy With ‘Base Is for Everyone’ Token

At least three wallets bought tokens before Base announced the launch on X.

Coinbase (appshunter.io/Unsplash)

Web3

DeFi Game Aavegotchi to Abandon Polygon, Migrate to Coinbase’s Base

The migration aims to improve user experience, marketplace access, onboarding and comes amid sharp drops in user activity and total value locked on Polygon.

Photo of the Aavegotchi booth at EthDenver 2024 (Danny Nelson/CoinDesk(

Finance

Coinbase Sold 12,652 ETH in the Fourth Quarter, Standard Chartered Says

Standard Chartered’s Geoffrey Kendrick said Base’s profits led to Ethereum sales rather than long-term accumulation, a claim dismissed by the crypto exchange.

Coinbase (appshunter.io/Unsplash)

Markets

Coinbase Acquires Iron Fish Team to Boost Privacy on Base

The Iron Fish blockchain will continue to operate independently, and its CEO will continue serving on the Iron Fish Foundation's board.

Coinbase (appshunter.io/Unsplash)