Coinbase Eyes Broader Adoption With DeFi Apps Integration
Coinbase has hinted towards decentralized finance (DeFi) apps integration on its platform. The crypto exchange had previously made its interest in the space known and has provided support for various DeFi protocol tokens in the past. However, this would be the first time that the exchange is definitely looking into bringing decentralized finance services to […]
Related News
Coinbase has launched an app store, showcasing firms that have integrated with its wallet service. On the firm's API page, it explains that it allows submissions from applications conducting "all major bitcoin operations", that exchange bitcoin to local currency, send and request bitcoins via email or bitcoin address, and create bitcoin wallets. It also allows merchant apps, and apps that provide access to raw bitcoin network data. Microtransactions are permitted, too. Among the first apps to be included in the app store are OSX-based wallet Hive, and Gliph, a mobile app for making bitcoin....
EasyFi Network, the universal layer 2 DeFi lending protocol for digital assets has announced support for the Coinbase wallet on its app. Starting November 24, over 73 million Coinbase wallet users can directly access funds from their wallets to participate in lending, farming, and staking activities on EasyFi over Polygon Network. Considering that the Coinbase wallet is quite popular among new crypto users, the integration enables EasyFi to introduce quality DeFi solutions to them early on. Coinbase Wallet is one among multiple native wallet integrations planned by the platform as a part....
A couple of high-profile coding competitions are happening in March. The winners will gain substantial Bitcoin prizes and community recognition for advancing the state of cryptocurrency. One is open to anyone online, the other will require your team's presence in Texas. Coinbase. Coinbase are hosting a software competition, only they call it a hackathon because we're all cool cybercats living in the future. They'll give the best Bitcoin-related app sent in by March 16th of this year a very generous $10,000. The two next-best apps will be awarded prizes of $5000 and $3000. And yes, you'll....
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....
“Our hope is that cbETH will achieve robust adoption for trade, transfer, and use in DeFi applications,” said the crypto exchange. Coinbase has launched a new asset in which Ether tokens are staked and wrapped through the crypto exchange.In a Wednesday announcement, Coinbase said it will be listing Coinbase Wrapped Staked ETH (cbETH) on the Ethereum network as an ERC-20 token, allowing customers to use their staked Ether (ETH) while earning rewards on the exchange. According to its website, users can withdraw the tokens to Coinbase, stake them, and then wrap the ETH2 into cbETH, with the....