Coinbase to Launch Base App Self-Custody Wallet in 2024
CEO Brian Armstrong says the upcoming Base App will be accessible to all, aligning with Coinbase’s focus on self-custody and decentralized finance.
Summary
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Terms & Concepts
Self-Custody Wallet: A cryptocurrency wallet that allows users to hold and control their own private keys without relying on a third party.
DeFi (Decentralized Finance): A blockchain-based financial system that operates without traditional intermediaries, enabling peer-to-peer transactions and services.