Cryptocurrency
Coinbase’s Base: good news in bear market but more work needs to be done
By Dr Wealth  •  February 27, 2023
Coinbase (COIN) announced its Layer 2 blockchain, Base with the intention to onboard the “next billion users to web3”. What is ‘Base’? Coinbase’s layer 2 network, Base was launched with the aim to onboard more users into cryptocurrency. With Base, COIN wants to allow developers to integrate their products and provide fiat onramps. Its existing pool of users could introduce about $80M worth of assets into DeFi and other cryptocurrency protocols. The Base testnet was announced on 23 Feb 2023, with the mainnet launch being in the works. Why is it a big deal? What makes Coinbase’s move noteworthy is that it is the publicly listed company to launch its own blockchain. How should you invest in Crypto in 2023? No lie, 2022 was a particularly painful year for crypto investors. But assets are starting to look fairly valued. We share how you should approach the crypto markets in 2023. join us live -> But so what?...
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By Dr Wealth
Dr Wealth provides trusted financial education to individuals. We teach researched and actionable investment methods so that our graduates are successful in their investment journey and achieve market-beating returns.
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