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Coinbase Acquires Blockchain Startup’s Team To Enhance Privacy Efforts on the Base Network

Coinbase Acquires Blockchain Startup’s Team To Enhance Privacy Efforts on the Base Network

The top US-based crypto exchange platform Coinbase is acquiring a blockchain startup’s team to bolster its privacy efforts on Base. In a new announcement, Coinbase says it is onboarding the development team of layer-1 project Iron Fish (IRON) to help develop “privacy-preserving primitives” on Base, the crypto exchange’s proprietary blockchain. Coinbase highlights that it is not […]

The post Coinbase Acquires Blockchain Startup’s Team To Enhance Privacy Efforts on the Base Network appeared first on The Daily Hodl.

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

Coinbase and Binance Add Support for New ‘InfoAI’ Altcoin KAITO

Coinbase and Binance Add Support for New ‘InfoAI’ Altcoin KAITO

Top crypto exchange platforms Coinbase and Binance are adding support for a new artificial intelligence (AI)-focused altcoin. In a new announcement, Coinbase says it is adding support for InfoAI altcoin Kaito (KAITO) on the Base network, the firm’s own blockchain, with an Experimental label. Binance, the world’s largest crypto exchange by volume, also added support […]

The post Coinbase and Binance Add Support for New ‘InfoAI’ Altcoin KAITO appeared first on The Daily Hodl.

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

How to buy USDC on Base: A step-by-step guide

Learn how to buy USDC on the Base Network with this step-by-step guide, which covers the essentials, including wallets, buying USDC and bridging to Base Network.

USD Coin (USDC) is a stablecoin cryptocurrency that is pegged 1:1 to the US dollar. That means 1 USDC is always $1. It is issued by Circle and has grown to become a top 10 cryptocurrency with a market cap of over $40 billion by the end of 2024. 

The stablecoin is available on most major cryptocurrency exchanges and is widely accepted in the digital economy. Additionally, it is available across a number of different blockchains, including the Base Network.  

Below, you will learn the step-by-step process of buying USDC on the Base Network. In addition, you’ll get a complete rundown of how the Base Network links to the Ethereum blockchain. So, by the end, you understand how to purchase and start using USDC safely and effectively. 

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First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

Coinbase (COIN) Stock Could Become Available on Base Chain, According to Creator Jesse Pollak

Coinbase (COIN) Stock Could Become Available on Base Chain, According to Creator Jesse Pollak

The creator of Base, the blockchain of top US-based crypto exchange Coinbase, says that the company’s stock (COIN) could soon become available on-chain. In a new thread on the social media platform X, Base developer Jesse Pollak says that eventually, every asset in the world will be on Base, including COIN. However, Pollak notes that […]

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First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

Base mulls launching tokenized COIN stock

The plans are not yet concrete, as Coinbase is awaiting regulatory clarity on securities tokenization.

Coinbase is considering making tokenized shares of its stock available to United States users of Base, its Ethereum layer-2 network, Base developer Jesse Pollak said in a post on the X platform. 

Tokenized COIN shares are already available to non-US users through protocols such as Backed, a tokenized real-world assets (RWA) platform, Pollak said in a Jan. 3 X post.

COIN on Base is “something we are looking into in the new year,” Pollack said, adding that eventually, “every asset in the world will be on Base.”

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First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

Memecoins Capture Majority of Crypto Investor Interest in 2024: CoinGecko

Memecoins Capture Majority of Crypto Investor Interest in 2024: CoinGecko

Crypto investors were heavily drawn to meme assets in 2024, according to a new study. In a research paper, CoinGecko says that the majority of crypto interest in 2024 hit the memecoin sector, which saw an expansion from dog-themed tokens to other animal and personality-themed digital assets. “The most popular crypto narrative in 2024 was […]

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First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

PancakeSwap closes record $310B year, up 179% driven by L2, DeFi growth

PancakeSwap's 2024 trading volume surged to $310 billion, driven by DeFi growth, layer-2 adoption and user-focused upgrades.

PancakeSwap closed a record year in terms of cryptocurrency trading volume, owing to growing interest in decentralized exchanges and the expansion of layer-2 blockchain networks.

Decentralized exchange (DEX) PancakeSwap recorded $310 billion in total trading volume during 2024, marking a nearly 179% year-over-year (YoY) increase from $111 billion in 2023.

The record year was mainly attributed to L2 networks Arbitrum and Base, as the former saw a 3,656% YoY increase to $13.2 billion, while crypto trading volume on Base rose by 3,539% YoY to $11.6 billion in 2024, according to a PancakeSwap report shared with Cointelegraph.

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First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

Meet Brett: The Biggest Star of the Memecoin Universe on Base

Meet Brett: The Biggest Star of the Memecoin Universe on BaseThe memecoin Brett is totally dominating the ecosystem on the Base blockchain. With a dedicated community and strong momentum, Brett might soon enter the top 3 of the entire memecoin ecosystem. Inspired by the iconic character from Matt Furie’s Boys’ Club comics, Brett has emerged as a dominant force in the memecoin ecosystem. This playful […]

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

Synthetix launches multi-collateral perps on Base amid revamp

The DeFi protocol also launched an in-house perpetuals trading app.

Decentralized finance (DeFi) protocol Synthetix has begun accepting multiple token types as collateral for leveraged perpetuals trading on Coinbase’s Base network, Synthetix said on Dec. 18. 

Launching so-called “multicollateral perps” on Base, one of Ethereum’s most popular layer 2 (L2) scaling networks, is part of a broader revamp of the DeFi protocol after a governance shakeup in October. 

Adding multi-collateral perps will allow users to post tokens such as Coinbase Wrapped BTC (cbBTC) and Coinbase Wrapped ETH (cbETH) as trading collateral, Synthetix said.

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First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live

Coinbase Will Surpass Charles Schwab As Most Valuable Brokerage in the World, According to Bitwise – Here’s Why

Coinbase Will Surpass Charles Schwab As Most Valuable Brokerage in the World, According to Bitwise – Here’s Why

Crypto asset manager Bitwise says that top US-based crypto exchange Coinbase will usurp Charles Shwab as the world’s most valuable brokerage. In a new report, Bitwise says it envisions Coinbase’s stock (COIN) reaching a price tag of $700 in 2025 – more than double its current price – making it surpass financial services titan Charles […]

The post Coinbase Will Surpass Charles Schwab As Most Valuable Brokerage in the World, According to Bitwise – Here’s Why appeared first on The Daily Hodl.

First US Bank-Issued Stablecoin on Permissionless Blockchain Goes Live