Base

Rebecca Rose's image of Jesse Pollak for Most Influential 2023.
Jesse Pollak Is Putting the Base in Coinbase
Coinbase's layer-2 blockchain, which launched this year, helps the exchange to scale and reduce transaction fees. Rivals, like Kraken, are now said to be launching their own l...
Rebecca Rose's image of Jesse Pollak for Most Influential 2023.

Jeremy Allaire, Co-Founder and CEO, Circle (Shutterstock/CoinDesk)
Circle to Enable Cross-Chain USDC Transfers With Cosmos's Noble Later This Month
Decentralized exchange dYdX will be the a user of CCTP, as the project expands beyond Arbitrum, Base, Ethereum and Optimism.
Jeremy Allaire, Co-Founder and CEO, Circle (Shutterstock/CoinDesk)

(Ryan Quintal/Unsplash, Modified by CoinDesk)
Tokenized U.S. Treasuries Arrive on Coinbase’s Base with Backed’s RWA Token Issuance
The market for tokenized U.S. Treasuries has grown sixfold this year to $666 million, according to a real-world asset data provider.
(Ryan Quintal/Unsplash, Modified by CoinDesk)

Ben Leventhal, Blackbird founder (Blackbird)
Blackbird, Crypto Restaurant App, Raises $24M in Funding Led by A16z
The target audience is restaurant users, but the blockchain-based project comes with its own "Flypaper" and fungible FLY tokens.
Ben Leventhal, Blackbird founder (Blackbird)

Optimism CEO Karl Floersch. (Optimism)
At Last, Blockchain Developer OP Labs Delivers ‘Fault Proofs’ Missing From Core Design
The developer’s OP Stack software, the blueprint for Coinbase’s new Base blockchain, had been criticized for the lack of a crucial security feature – likened to driving a fast...
Optimism CEO Karl Floersch. (Optimism)

Base's daily transaction hit record high (IntoTheBlock)
Coinbase’s Base Blockchain Hits Record High for Daily Transactions, Eclipsing Rivals
FriendTech, which is only available on Base, is driving a significant portion of the activity, according to IntoTheBlock.
Base's daily transaction hit record high (IntoTheBlock)

Insurance (Vlad Deep/Unsplash)
Coinbase-Backed Insurance Alternative OpenCover Debuts on Layer 2 Blockchain Base
OpenCover, which raised $4 million in a seed round led by the likes of NFX and Jump Crypto, received a $200,000 funding bump from Coinbase to bolster its debut on Base.
Insurance (Vlad Deep/Unsplash)

(Ryan Quintal/Unsplash, Modified by CoinDesk)
Tokenization Advocacy Group Wants to Bring the 'Next Trillion' of Assets to Blockchain
Founding members such as Coinbase, Circle and Aave Companies aim to foster the use of blockchain technology for traditional assets.
(Ryan Quintal/Unsplash, Modified by CoinDesk)

(CHUTTERSNAP/Unsplash)
The Protocol: Ethereum Learns of Potential Defector as ‘Supreme Court’ Mooted
What is a blockchain “sequencer?” Here’s why you need to know, along with all the latest updates on crypto tech news and fundraising announcements.
(CHUTTERSNAP/Unsplash)

Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)
Coinbase, Framework Venture Funds Invest $5M in Socket Protocol, in Bet on Blockchain Interoperability
The fundraise comes as "cross-chain" protocols from the companies including LayerZero and Chainlink have attracted investors, despite the bear market – assuming a future where...
Socket co-founders, Rishabh Khurana and Vaibhav Chellani (Socket)