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Crypto
Coinbase app evolves into trading platform, easing focus on Base chain
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.
Crypto
Nansen CEO says AI trading agents to surpass human traders within two years
Alex Svanevik (알렉스 스바네비크), CEO of on-chain data analytics firm Nansen, said he expects AI trading agents to outperform human traders in about two years and is reshaping the company accordingly. He said Nansen is shifting from providing data to supporting users in executing trades. After the feature launch, trading volume topped $500 million. Svanevik said he would be very surprised if trading agents do not outnumber humans within two years.
Crypto
Hoskinson says ADA has no issues, Cardano ecosystem development funding to top $100 million this year
Cardano can deploy more than $100 million for ecosystem development this year despite its drop in market-cap rankings, founder Charles Hoskinson said. He said the network’s on-chain treasury continues to generate funds needed for long-term growth. Spending could cover software development, infrastructure upgrades, research, developer tools and education programs. Hoskinson said more than 30 to 40 companies have received support, reducing reliance on Input Output Global.
