base

Coinbase released the Ethereum validator performance report for Q1 2026. The data shows that its validators currently have a total of 4.5 million ETH staked, accounting for 12.17% of the total staked ETH on the Ethereum network. Coinbase stated that it commits to not exceeding a 30% validator penetration rate on the Ethereum network.The report indicates that Coinbase validators are deployed in five regions: Germany, Hong Kong, Ireland, Japan, and Singapore, with an average online rate of 99.98% in Q1 2026, higher than the network average of 99.77%.In addition, Coinbase claims that its validators have not experienced any slashing or double-signing events since going live, currently utilizing two consensus layer clients, Lighthouse and Prysm, as well as three execution layer clients, Geth, Nethermind, and Reth.

Coinbase CEO Brian Armstrong posted on the X platform that the CLARITY Act is "closer to being advanced than ever before."Brian Armstrong stated that the bill will make the U.S. financial system faster, cheaper, and more inclusive, and help the U.S. maintain its leading position in the competition for the next generation of global financial systems. He also thanked the U.S. Senate staff and the 3.7 million Stand With Crypto supporters, stating that these groups have driven the bill's development to its current stage.

The Binance contract platform will launch the LITEUSDT perpetual contract on May 15 at 21:30, the ORCLUSDT perpetual contract at 21:35, the DISUSDT perpetual contract at 21:40, the UBERUSDT perpetual contract at 21:45, the CSCOUSDT perpetual contract at 21:50, and the HDUSDT perpetual contract at 21:55, with a maximum leverage of up to 10 times.

According to on-chain analyst Onchain Lens (@OnchainLens), BlackRock deposited 861 BTC (worth approximately $69.59 million) and 44,691 ETH (worth approximately $103 million) into Coinbase, and may deposit more.

According to Yu Jin monitoring, KULR Technology, a Bitcoin treasury company, transferred 300 BTC (worth approximately $24.36 million) to Coinbase Prime 2 hours ago.The company announced that starting from December 2024, it would allocate 90% of its surplus cash to BTC, accumulating a total reserve of 1,021 BTC (worth approximately $101 million) by January 2025, with an average price of $98,923. Based on current prices, its BTC book loss is approximately $18.25 million.

According to CoinPost, the Japanese blockchain infrastructure company Japan Blockchain Base has officially decided to issue a trust-based yen stablecoin EJPY, which is planned to be deployed on Japan Open Chain (JOC) and Ethereum, with the goal of launching issuance and circulation on JOC within the fiscal year 2026.The announcement stated that the trust-based framework required for EJPY has made phased progress. The company indicated that EJPY will focus on services for inter-company settlements, digital asset payments, transfers, and various Web3 payment scenarios, and will promote a multi-chain layout centered around JOC. Details regarding the actual issuance time, issuance conditions, cooperating institutions, and applicable blockchains will be announced separately after negotiations and necessary procedures with regulatory authorities and relevant institutions are completed.

Base co-founder Jesse stated that the x402 protocol now supports batch settlement, enabling a large number of small payments, with individual transactions as low as below 0.0001 USD, making it very suitable for on-demand payment calculations and instant resources such as inference.

Despite Coinbase reporting a net loss of $394 million in the first quarter, with revenue of only $755.8 million significantly below expectations, leading to a 6% drop in stock price, Benchmark analysts still reiterated their buy rating on Tuesday and raised the target price from $260 to $270. Analysts believe that Coinbase is transforming from a market-dependent crypto broker to a foundational infrastructure platform for the "onchain economy," having achieved net inflows for 12 consecutive quarters, with a global trading volume share reaching a new high of 8.6%, and possessing 12 monetization businesses, each contributing about $100 million in annualized revenue; additionally, the trading volume of stablecoins on the Base chain has increased tenfold year-on-year, and derivatives revenue has reached a new high, combined with an improving regulatory environment, all seen as long-term growth drivers.

According to The Block, Coinbase has expanded its on-chain loan products supported by cryptocurrency, adding support for Solana, allowing users to collateralize SOL to borrow up to $100,000.The loans are provided through the Morpho integration on Base, similar to collateralized loan products for Bitcoin, Ethereum, and others. A company spokesperson revealed that since its launch last year, Coinbase's total issuance of cryptocurrency collateralized loans has exceeded $2.3 billion, with Bitcoin collateralized loans accounting for $2.17 billion and Ethereum approximately $110 million.

Coinbase has expanded its on-chain crypto lending product, adding support for Solana (SOL), allowing users to borrow up to $100,000 by collateralizing SOL. This lending service is based on the integration of Coinbase with the DeFi lending protocol Morpho on the Base network, which previously supported collateralized lending for crypto assets like BTC and ETH.Ben Shen, Head of Financial Services and Loyalty Products at Coinbase, stated that the addition of SOL collateral is an important step for Coinbase to become "the best platform for trading and holding Solana," and reflects its strategy to build an "Everything Exchange." Data shows that since the launch of this crypto lending product last year, Coinbase's cumulative loan issuance has exceeded $2.3 billion. Among these, Bitcoin remains the primary collateral asset, with a cumulative loan amount of $2.17 billion; ETH collateralized loans are about $110 million, and XRP is $31.6 million, followed by assets like cbETH, DOGE, ADA, and LTC.Last month, Coinbase also expanded this lending business to the UK market, continuing to advance its on-chain financial services layout. Although Coinbase announced a net loss of $394.1 million in the first quarter last week and laid off about 14% of its workforce, CEO Brian Armstrong still stated that in the future "all finance will migrate on-chain," and Coinbase is positioning itself around this trend. Several institutions, including Bernstein, Benchmark, and Rosenblatt, have recently maintained a "buy" rating on Coinbase stock, with Bernstein believing that Coinbase is gradually validating the feasibility of its "Everything Exchange" strategy.

AI character economy platform Charms Interactive announced the completion of a $1.5 million seed pre-financing, with participation from Lattice, JME, Coinbase Ventures (Base Ecosystem Fund), Gidorah (Echo), among others. Charms also launched the product Charms.ai, attempting to upgrade "AI characters" from application functions to tradable, ownable, and sustainably operating on-chain economic assets.

According to Cointelegraph citing Punchbowl, Coinbase CEO Brian Armstrong will have lunch with Senate Republicans on Wednesday to discuss the voting on the CLARITY Act. The vote on the bill will take place on Thursday.

According to SoSoValue data, as of 8 AM Eastern Time on May 11, 2026, the total net purchase of Bitcoin by publicly listed companies worldwide (excluding mining companies) for the week was $45.08 million, a decrease of 83.5% compared to two weeks ago.Strategy (formerly MicroStrategy) announced an investment of $43 million (a decrease of 83.1% compared to two weeks ago) to purchase 535 Bitcoins at a price of $80,340, bringing its total holdings to 818,869 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, four other companies purchased Bitcoin last week. Cryptocurrency exchange Coinbase announced on May 7 that it had increased its holdings by 1,103 Bitcoins, with the specific expenditure not disclosed, bringing its total holdings to 16,949 Bitcoins; fintech company Block announced on May 7 that it had increased its holdings by 149 Bitcoins, with the specific purchase amount not disclosed, bringing its total holdings to 9,032 Bitcoins; Bitcoin company American Bitcoin announced on May 6 that it had purchased approximately 1,600 Bitcoins, with the specific amount not disclosed, bringing its total holdings to approximately 7,021 Bitcoins; and the UK Bitcoin company The Smarter Web Company announced on May 5 that it had invested $2.08 million to purchase 27 Bitcoins at a price of $77,087, bringing its total holdings to 2,805 Bitcoins.Capital B announced the completion of a €15.2 million financing round, with participants including global institutional investors and strategic investors Adam Back and TOBAM, aimed at accelerating Bitcoin purchases.As of the time of publication, the total amount of Bitcoin held by the publicly listed companies included in the statistics (excluding mining companies) is 1,088,090 Bitcoins, an increase of 0.3% compared to two weeks ago, with a current market value of approximately $88.32 billion, accounting for 5.4% of Bitcoin's circulating market value.

According to GMGN monitoring, the Base ecosystem token POD (dphn.ai) saw a significant increase in market value this morning, peaking over $170 million, currently reported at $130 million, with a 24-hour increase narrowing to 82%, and a trading volume of $6.3 million during the same period.It is reported that dphn.ai is an AI model development and DePIN project, and the "Dolphin Mistral 24B Venice Edition" it provides is the default uncensored AI model on the Venice platform. Previously, during the surge of VVV, POD rose as it served as a core model provider. This increase may also be compounded by the influence of Base co-founder Jesse's retweet, with related sentiment continuing to ferment.

The on-chain RWA concept project LienFi's token LFI has a market capitalization exceeding $10 million, reaching a historic high of $10.36 million, with a 24-hour increase of 61.2%.The project claims to be developed by a team from one of the largest property tax lien hedge funds in the United States, aiming to address the practical operational friction and significant knowledge barrier obstacles that ordinary investors face when trying to obtain property tax lien returns.

Market analysis reports show that Coinbase and Kraken together account for 22% of all AI citations in the cryptocurrency category, with Coinbase accounting for 13% and Kraken for 9%, leading by more than three times compared to other U.S. trading platforms.Gemini ranks third with 5.5%, Robinhood Crypto ranks fourth with 5%, and BlackRock's spot Bitcoin ETF IBIT ranks fifth with 4.5%, dominating questions related to "Bitcoin ETF." The analysis points out that the influence of hardware wallets in AI responses is diminishing; while Ledger and Trezor still dominate questions related to "best crypto wallets," AI is increasingly inclined to recommend regulated trading platform custody solutions for the question of "best crypto asset storage methods."The report believes that the "self-custody narrative" that emerged after the FTX incident is no longer the dominant framework cited by AI. Furthermore, AI is rapidly shaping the landscape of U.S. retail crypto financial brands. "When users ask ChatGPT where to buy Bitcoin, the platforms prioritized by AI will have the opportunity to define the industry landscape for the next decade."

CITIC International Auction in Hong Kong kicked off the "Spring Art Treasures Auction (Part Two)", with the core lot Lot 61 "Five Dynasties Chai Kiln Celadon Tombstone Base" achieving a record sale of HKD 660 million. This move not only refreshes the market height of the Chai Kiln system but also marks the official start of a new asset cycle in the art RWA ecosystem centered around $CHAI.Previously, the Chai Kiln system had a transaction record of approximately HKD 380 million, forming the initial price anchor for this system. The hammer price of HKD 660 million is an orderly upward exploration based on the existing anchor point, demonstrating the market's continued recognition of this asset class. Chairman Huang pointed out that continuously establishing a reference system through market mechanisms will further solidify the foundational role of $CHAI in on-chain value mapping and pricing.

Base's official tweet stated that in the first quarter of this year, the total payment amount of the x402 protocol has exceeded 100 million dollars. Among them, over 90% of the total transactions using stablecoins by on-chain AI agents occurred on the Base network.

According to official news, the total payment amount of Base in the first quarter of 2026 for x402 has exceeded 100 million USD. At the same time, Base accounts for over 90% of the on-chain Agentic stablecoin trading volume.