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first_img Coinbase has renamed Base App to Coinbase Wallet

Coinbase announced that it has renamed the Base App to Coinbase Wallet, reversing the renaming decision made a year ago, shifting the focus of the self-custody application towards trading and broader multi-chain access. Ryan Kass, the product lead for Coinbase Wallet, stated that the wallet will serve as a "test kitchen" for products and assets not yet offered by the centralized exchange Coinbase, with the first case being perpetual contracts supported by Hyperliquid. The wallet also supports long-tail assets and plans to gradually integrate as new chains go live.The wallet also supports prediction markets and tokenized stocks. Coinbase stated that the Base App has evolved into a broader multi-chain trading platform, making the restoration of the Coinbase Wallet name a reasonable move. Coinbase promotes the wallet with the selling points of "no KYC, no waiting, borderless," allowing users to start trading within minutes after downloading the app, although some features are still subject to regional restrictions. The wallet will automatically detect and hide scam or malicious tokens, and new markets and asset classes must undergo strict product and compliance reviews before going live.In terms of background, Coinbase renamed Coinbase Wallet to Base App in July 2025, positioning it as a "universal app" that integrates social, mini-apps, messaging, payments, and trading. CEO Brian Armstrong admitted in March this year that the social experiment was "not very successful," after which Base founder Jesse Pollak handed over leadership of the app to Jordan "Cobie" Fish.

first_img Renzo renamed itself Renzo Finance and launched the Hyperliquid basis trading product

The re-staking protocol Renzo Protocol announced its name change to Renzo Finance and launched its first on-chain structured yield product Renzo Basis, which will go live on Hyperliquid, initially supporting BTC and HYPE. Lucas Kozinski, founder of Renzo Labs, stated that basis trading earns funding rate income by simultaneously holding a spot long and a perpetual contract short. Since the long and short positions hedge each other, asset price fluctuations do not affect the yield, and users earn the fees paid by perpetual traders every hour.Renzo stated that the product achieves automation through a triple protection mechanism, including hedge protection, yield protection, and safety buffer. Currently, the product does not use AI automation but instead conducts trading and strategy monitoring through Hyperliquid's proxy wallet (API wallet) with user authorization, without holding user funds. The relevant protection parameters can be customized by users. Renzo emphasized that its product differs from competitors such as Ethena and Bitwise's Superstate in that it is fully on-chain, self-custodied, and allows depositors to choose their own assets, trading venues, and risk parameters.Renzo Basis plans to support all assets on Hyperliquid that have both spot and perpetual markets and expand to other DeFi platforms, with the next stop being Lighter on Robinhood, where on-chain stock perpetual basis trading will be introduced.

first_img Telegram has set the Gram wallet as the default cryptocurrency wallet, and Wallet in Telegram has been renamed to Walt

Telegram has set its self-hosted Gram wallet as the default wallet in user settings, while renaming Wallet in Telegram to Walt. Telegram founder Pavel Durov previewed the Gram wallet in July, planning to introduce a native non-custodial wallet for each Telegram app.The Gram wallet will serve as the transaction layer for transfers and payments on Telegram, supporting the purchase of Telegram Collectibles (including gifts, usernames, and phone numbers) as well as services and daily consumption payments. The Gram wallet remains connected to Walt, which allows users to recharge their Gram wallet with multi-chain crypto assets.The renaming of Wallet in Telegram reflects that its services have surpassed the initial positioning primarily for purchasing and holding Gram (formerly Toncoin). Walt supports recharging, holding, and withdrawing over 300 crypto assets across 4 blockchains, as well as trading more than 200 assets, and offers over 100 tokenized stocks, ETFs, and metals. The product also includes crypto yield services and perpetual contracts. The Open Platform (TOP) and Walt founder and CEO Andrew Rogozov stated that they initially started as a simple wallet for purchasing TON, but over the past four years have grown into a full-scale crypto platform within Telegram, launching Earn, real-world assets, and perpetual trading.

Japan's Siiibo Securities will be renamed Metaplanet Securities, laying out a BTC financial platform

The Japanese corporate bond issuance and purchasing platform operator Siiibo Securities announced that it plans to change its name to "Metaplanet Securities Inc." on July 13, 2026, and officially join the Metaplanet Group.Siiibo Securities stated that this name change requires approval from a temporary shareholders' meeting. The company previously operated with the mission of "creating free, transparent, and fair direct finance," providing an online private bond issuance and purchasing platform aimed at emerging enterprises and individual investors, and holds a first-class financial instruments business license in Japan.With the integration into the Metaplanet Group, Siiibo will further expand its business direction in the future, planning to leverage its parent company's experience in Bitcoin (BTC) asset operations to develop and offer BTC-based financial products to individual investors, creating a "BTC × Finance" platform.It is understood that Siiibo Securities was established in 2019 and currently operates an online securities platform focused on corporate bonds, providing private bond issuance and investment services. The platform has covered approximately 40 companies and over 100 types of bond products. After joining the Metaplanet Group, it will no longer be limited to the venture debt field but will explore more innovative income products that meet investor return demands.

Gate Web3 has been renamed Gate DEX, advancing the upgrade of decentralized trading experience

According to official news, the globally leading cryptocurrency trading platform Gate has completed the brand upgrade and functional update of its decentralized trading product, officially renaming the former Gate Web3 to Gate DEX. This upgrade is not only a change in name but also a systematic reconstruction of the positioning of decentralized trading entry, product capabilities, and overall user experience under the Gate All in Web3 strategic framework.The upgraded Gate DEX significantly simplifies the traditional DEX login process, now supporting one-click login with Gate accounts, Google accounts, and wallets, enabling quick access across multiple platforms. Users can quickly enter the trading interface without cumbersome configurations, and after connecting their wallets, they can directly start trading, significantly lowering the entry barrier for first-time users. In terms of experience, Gate DEX provides a trading experience close to that of centralized exchanges in aspects such as interface design, token coverage, and liquidity depth, laying a solid foundation for the large-scale application of decentralized trading.Meanwhile, Gate DEX will launch the "On-chain All-round Challenge" from January 23 to February 11 (UTC+8). During the event, users who complete their "first trade" in any section of Swap, Meme, Spot, or Contracts can unlock a cash reward of up to 100 USDT. The total prize pool for the event is 20,000 USDT, with limited spots available on a first-come, first-served basis.As the Gate All in Web3 strategy continues to deepen, Gate DEX, relying on the continuous empowerment of underlying ecological capabilities such as Gate Layer, is expected to become an important hub connecting centralized and decentralized trading experiences, further promoting the maturity and popularization of Web3 infrastructure.
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