1/ Coinbase has made a push to embrace decentralization and enable the onchain ecosystem to advance our mission and update the system. Here’s how we’ve been building trusted products, services and tools through the bear this past quarter 🧵
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Joined January 2022
- One small but significant detail that some people are sleeping on: this feature embeds a (very) small web3 Dapp within Coinbase (specifically the piece that verifies that you control your return address). A sign of things to come. Few.Introducing Coinbase’s new ERC-20 self-service asset recovery tool. A safe, simple, and secure way for our customers to recover almost 4,000 unsupported ERC-20 tokens.
00:00 - Wallet devs should grok the partial ETH staking product now available from @CoinbaseCloud: coinbase.com/cloud/discover… Exciting on multiple levels: * No-BS, noncustodial staking. * Easy integration. * CB continues to build onchain! @Kiln_finance has been a great partner. <3
- cbETH hit its initial deposit cap (7,128 ETH; worth approximately $11M) on Compound v3 within ~7 hours of launch! Folks presumably levering up on cbETH/ETH, expecting the discount to underlying to close with beacon chain withdrawals in ~March...
- Replying to @arboraeth @adamscochran and 2 othersWe're going to do it. Timeline is still TBD. I want to under-promise and over-deliver. :-)
- Give your users true digital ownership, from within your existing app. No separate app for them to install, no seed phrases for them to write down. Super-charge your company's web3 experimentation plans. Or, if you're already a web3 Dapp, reduce friction for onboarding novices.1/ Today we introduce Wallet as a Service, making it easier for any company or brand to seamlessly onboard their users to web3 🛠️⛓️ ...even if they have never used cryptocurrency before.
GIF - Years of work by so many across the Ethereum ecosystem, including major contributions from Coinbase engineers. Building through bear and bull. And today, launching a stepwise improvement, usable by everyone and owned by no one. Crypto just hits different. <3after 2 years of hard work, blobs are now live on @base before: $0.31 after: $0.00 (but actually $0.0005) wallets need to update to handle these cost reductions!
- Coinbase envisions a world of ever more use-cases for crypto. We're working hard to accelerate that, while maintaining our bedrock commitment to safety. coinbase.com/blog/how-coinb…
- "The institutions are coming!" is a frequent rallying cry in crypto. One important thing we've learned at Coinbase: when the institutions DO arrive, they often quickly want to use crypto to its fullest! 1/3Web3 made simple for institutions Introducing Coinbase Prime Web3 Wallet
00:00 - Here's the update we promised on Coinbase's Ethereum client diversity plans. Excited to see this rolling out quickly in the coming days. See you at ETHDenver!We told you we were working towards diversifying the execution clients on our Ethereum validators. Today, we're excited to provide an update! This week we’ve begun rolling out support for @nethermind — with support for @ErigonEth close behind!
- Since we announced @buildonbase earlier this year, we’ve heard many thoughtful questions about Base’s relationship with Coinbase. Today, we are sharing our neutrality principles for Base (1/5)
- Excited to see what the world will build with our Wallet-as-a-service offering. Coinbase is officially open for developers, doing all we can to make it easy for you to build onchain by default. Give it a spin!Wallet-as-a-service now available via self-service in Coinbase Cloud coinbase.com/cloud (Testnet only for now). Was able to go through the quick start guide and get APIs working. It's an early preview - so send us feedback. Thx
- Very excited that Coinbase is now live in all fifty states! I have a new life-goal to buy some shave ice with USDC on Base....Aloha, Hawaii. From Oahu to Kauai, Coinbase is now available to all residents of the Hawaiian islands to buy, sell, and manage crypto. Read more ↓ coinbase.com/blog/Aloha-Haw…













