๐ Coinbase is on a roll! They've just snapped up Utopia Labs to turbocharge their on-chain payments game. The Utopia team will join Base, Coinbase's layer 2 network, to supercharge their wallet's payment roadmap.
- Base is now the top Ethereum L2 by total value locked, outpacing Arbitrum with a whopping $3.15 billion.
- Coinbase's Bitcoin wrapper, cbBTC, is also making waves with $1.3 billion in TVL.
Meanwhile, Coinbase's stock is riding high post-election, hinting at smoother regulatory seas ahead. ๐
What do you think? Share your thoughts in the comments!