Base Network Token Exploration Unveiled By Coinbase CEO, Future Plans Disclosed

Decentralized exchange (DEX) aggregator 1inch Network has announced the expansion of its operations to Coinbase’s Ethereum layer 2 (L2) network, Base.  1inch’s Aggregation And Limit Order Protocols Go Live On Base In a blog post published on Thursday, August 24, 1inch disclosed the deployment of its aggregation protocol and limit order protocol on the Coinbase-incubated Base network.  The project’s team stated that this action is in line with their goal to expand in the decentralized finance (DeFi) industry.  1inch will begin its operation by aggregating liquidity across 15....

What Coinbase was involved in, is building a digital currency exchange. To be more precise, the company created two of those, as they also run GDAX. Although Coinbase is not on everybody’s “favorites list”, the company is executing their master plan meticulously. CEO Brian Armstrong unveiled their plans on Medium earlier today, which include some interesting topics. There are a total of four stages, all of which are taking things one step further. Creating an open financial system takes a lot of time and effort, that much is certain. Coinbase has a clear plan for shaping the future of....

Coinbase recently announced the launch of its NFT marketplace, much to the delight of crypto investors. Its aim is to make the minting, selling, buying, and storing of non-fungible tokens easier for investors who want to get into the market. It brings this service to its 68 million-strong user base in its mission to make crypto more accessible to investors. The NFT marketplace, which is yet to be opened for trading, will provide competition to the leading non-fungible token marketplace OpenSea. With its large user base, Coinbase may be set to be the largest NFT marketplace. Alongside the....

For the past few years, many of the biggest players in the Bitcoin industry have talked about the need to build bridges to the traditional financial system. This sort of basic infrastructure has been in development by Coinbase, the Winklevoss twins and others, and it’s now getting to the point where user-friendly wallets and regulated exchanges are finally available to the masses. Now that the base layer of services has been built, Coinbase plans to promote greater adoption of Bitcoin through the development and acquisition of new applications for the digital currency. Actual Products for....

The San Francisco-based digital currency exchange plans to go public later this year. Coinbase, one of the world’s largest digital currency exchanges, has been rumored for some time to be considering a direct listing.In an official blog post, the cryptocurrency exchange disclosed plans to pursue a direct listing of its Class A common stock, pursuant to a registration statement with the United States Securities and Exchange Commission, or SEC. The Form S-1 registration statement will become effective after the securities regulator completes its review. The direct listing format would not....