Coinbase’s Base app is focusing on building a comprehensive trading platform, which is expected to reduce its closeness to Base, the Coinbase-led layer-2 blockchain, The Block reported, citing Base creator Jesse Pollak. Pollak said the app’s Base-centered approach is naturally fading as it broadens to let users trade everything across networks. Jordan “Kobi” Fish took over the Base app last month, allowing Pollak to focus on the Base blockchain and expanding Base chain into trading, payments and finance.

A senior White House science and technology adviser criticised some companies for tying layoffs they would have made anyway to artificial intelligence, saying they shift responsibility to AI because it resonates better in the media. Speaking on a podcast, Michael Kratsios said the narrative can help explain job cuts and support share prices. He also said he remains optimistic about AI’s long-term employment impact, while warning against pessimistic messaging that worsens public perceptions.