In a gloomy outlook for the blockchain industry, cryptocurrency exchange Coinbase has launched a new web app, aiming to simplify user experience for its nearly 100 million users. Despite the optimistic announcement, the move raises concerns about the increasing centralization of crypto services, which contradicts the fundamental decentralized nature of blockchain technology. This trend could potentially lead to regulatory scrutiny and market instability. As the industry continues to evolve, it is crucial to monitor global regulatory trends and exchange dynamics to anticipate potential challenges.