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Coinbase

11 articles

Base Will Move $7.4 Billion of Deposits Onto Zero-Knowledge Proofs on May 13 — and Quietly Drop the Optimistic Rollup Model It Was Built On
Tech

Base announced on May 4 that its Azul upgrade would integrate Succinct's SP1 zero-knowledge prover alongside its existing TEE proof system, with mainnet activation planned for May 13. The change cuts withdrawal finality from a multi-day challenge window to roughly one day — and makes Base the largest single Ethereum operator to put ZK proofs in production.

·Alex Turner
Coinbase valued at $8B after Series E raise
Funding

Coinbase has completed a $300 million Series E funding round that values the cryptocurrency exchange at $8 billion, marking a significant milestone for institutional investment in the sector.

·Oliver Bradford