RT Gareth Jenkinson (@gazza_jenks)So the big story this week ➡️ @coinbase acquired @echodotxyz from @cobie for $375M.@rkbaggs and I will be chatting to Coinbase head of M&A @_aklil0 about the big move!Join us on @Cointelegraph #CHAINREACTION at 8am ET! https://t.co/EpkvCg6rJQ ...

Regulatory Engagement - Coinbase CEO Brian Armstrong is meeting with Senate Democrats, Republicans, and the White House to discuss crypto market structure [1] Industry Focus - The discussion centers around crypto market structure [1]

My math was wrongwale.moca 🐳 (@waleswoosh):Coinbase gave Cobie $375M USD.Coinbase has 100M users, so they could have given each of their users $3M USD instead and still had $75M left.Priorities ...

Group 1 - Coinbase Global, Inc. launched the Coinbase US Bitcoin Yield Fund (USCBYF) aimed at accredited U.S. investors, intending to provide returns above regular bitcoin price gains through BTC private credit lending and basis trading [1] - Canaccord Genuity reduced its price target for Coinbase to $336.3 from $400 while maintaining a Buy rating, indicating a cautious outlook despite the new fund launch [2] - The new fund for U.S. investors follows the earlier launch of an offshore Coinbase Bitcoin Yield Fund for non-U.S. investors, addressing the demand for bitcoin yield in both markets [2] Group 2 - Coinbase operates a leading cryptocurrency platform that allows users to securely buy, sell, store, and use digital assets, highlighting its significant role in the cryptocurrency industry [3]

Coinbase's Strategy - Coinbase is moving towards enabling private stablecoin transactions on Base, its Ethereum layer-2 network [1] - This move follows Coinbase's acquisition of Iron Fish, a platform focused on transaction privacy [1] Technology and Implementation - Base is "building private" capabilities, suggesting ongoing development in this area [1] - Iron Fish utilizes zero-knowledge proofs to hide transaction details while allowing selective transparency [1]

Privacy & Compliance - Coinbase is developing private stablecoin transactions on Base, its Ethereum layer-2 network [1] - The initiative aims to balance user privacy with regulatory compliance, drawing lessons from projects like Tornado Cash [2] - Iron Fish's technology, acquired by Coinbase, allows selective disclosure of transaction data using "view keys" for regulators [2] Technology & Innovation - Base is integrating zero-knowledge proofs to shield transaction data while enabling selective disclosure [1][2] - The integration of Iron Fish's technology could allow stablecoin users to reveal more information to authorities without full disclosure [2] Market Impact & Strategy - Private stablecoin transfers could transform Base into a safer, more private layer for everyday crypto transactions [3] - Coinbase is betting on a "regulated privacy" model to satisfy compliance standards while offering onchain discretion [4] - The focus on privacy comes as governments worldwide increase surveillance of crypto transactions [3] Base Ecosystem - Base has been growing rapidly since its launch in 2023 [3] - Details regarding Know Your Customer (KYC) verification requirements are expected soon [3]

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Kadena announces it's shutting down operations immediately due to market conditions.🔹 President Trump says, "New tariffs on China will rise to 155% effective November 1."🔸 “Base is building private transactions, following its Iron Fish acquisition in March 2025," says Coinbase CEO Brian Armstrong.🔹 Gold just posted its steepest daily loss since August 2020, down roughly 5.5%.🔸 Crypto Czar David Sacks will meet tomorrow with GOP members of the S ...

Decentralized Exchange (DEX) - Coinbase, a leading centralized exchange, is launching its own decentralized platform [1] Market Impact - The launch of a DEX by a major centralized exchange like Coinbase is noteworthy [1]

🤯 A COINBASE DEX?! It's not everyday you see a leading centralized exchange like @coinbase launch its own decentralized platform... Here's what you need to know https://t.co/Avzm8ioXzd ...

🚨 🚨 1,622,960 #LINK (28,924,917 USD) transferred from unknown wallet to #Coinbasehttps://t.co/QQS4RR5uay ...