US EditionBase Rebrands to Basechain, Coinbase Wallet Becomes ‘Base App’
UNITED STATES, JUL 17 – Coinbase’s Base App integrates trading, payments, social media, and identity management with Basechain’s 200ms block times, targeting mainstream users and 32 million active monthly users.
- On Wednesday, Coinbase renamed its Base blockchain to Basechain and introduced a new unified Base App that integrates wallet functions, payments, trading, and social features into a single platform.
- This update comes after Coinbase introduced Base Account and Base Pay, which offer identity verification and streamlined payment options aimed at expanding participation in the cryptocurrency ecosystem.
- Basechain rolled out the Flashblocks update, which cuts the interval between blocks from two seconds down to just 200 milliseconds, resulting in transaction speeds that are up to ten times quicker.
- The Base App incorporates decentralized social features via the Farcaster protocol, lets creators earn from tradable tokenized posts, and enables gas fee payments using Coinbase balances through MagicSpend.
- These developments position Coinbase to attract broader users beyond crypto enthusiasts, support developer growth with the Base Build initiative targeting one million developers, and promote USDC adoption including JPMorgan's planned deposit token on Basechain.
24 Articles
24 Articles
Base Rebrands to Basechain, Coinbase Wallet Becomes ‘Base App’
Coinbase’s layer 2 blockchain Base has rebranded as “Basechain,” with a major technical upgrade called Flashblocks that reduces block times to 200 milliseconds. Base creator Jesse Pollak unveiled the upgrade at the “A New Day One” conference, sharing that the ultra-fast transaction confirmations would make Basechain up to ten times faster. The Coinbase Wallet has also been morphed into the Base App, positioned as an all-in-one platform that inte…
Coinbase Unveils ‘Super App’ To Expand Crypto Access–Details - Overpasses For America
Crypto exchange Coinbase has launched a new initiative with its “Base App,” aiming to broaden access to the crypto economy. Unveiled on Wednesday, this application replaces the Coinbase Wallet and is designed to merge various functionalities, including wallet, trading, payments, messaging, and social media. Built on Coinbase’s proprietary blockchain network, Base, which operates on the Ethereum (ETH) blockchain, the app reportedly seeks to attra…
Coinbase Rebrands Wallet as Base, Launches Blockchain Superapp
Coinbase, the prominent cryptocurrency platform, has unveiled a significant rebranding of its Wallet app, now known as Base. This strategic move consolidates a range of features into a single, blockchain-based ‘superapp’, aiming to mimic the multifunctional success of Chinese apps like WeChat. Running on Coinbase’s Base public blockchain network, the app is designed to expand the company’s… Source
Coinbase Expands Its Services with New Superapp Features | Fintech InShorts: Latest fintech news, analysis by experts
Unlocking the Future of Cryptocurrency Management with Enhanced Functionality Highlights: Coinbase launches superapp features to enhance user experience. New functionalities aim to streamline cryptocurrency transactions. The platform focuses on integrating various financial services into one application. Coinbase is stepping up its game by introducing superapp features that promise to transform how users manage their cryptocurrency activities. …
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