Coinbase Launches Bitcoin-Backed Loans Nationwide
Coinbase Launches Bitcoin-Backed Loans Nationwide
🏦 Your Bitcoin Just Got Useful
Coinbase has expanded its Bitcoin-backed loan service across the United States (excluding New York). Key features:
- Users can borrow USDC using Bitcoin as collateral
- Service built on Base, powered by Morpho Labs
- Loan process takes under one minute through Coinbase app
This marks a significant step in making decentralized lending accessible to mainstream users. The service allows Bitcoin holders to access liquidity without selling their assets.
Now, everyone in the US (ex. NY) can use Bitcoin-backed loans, powered by @MorphoLabs and built on Base The future of money is onchain, and it's here
Bitcoin-backed loans are now fully rolled out to all US users (ex. NY). You can instantly borrow up to $1M in USDC on Coinbase. ↓
Base Achieves Stage 1 Decentralization & NYC Events
Base has reached a significant milestone in its decentralization journey by implementing two key features: - Launching permissionless fault proofs - Establishing a security council for contract upgrade process **Upcoming NYC Events:** - BuildHer Brunch: May 2nd, 8am [Register](https://lu.ma/mww8ckn3) - Base Golden Hour: May 2nd, 5pm [Register](https://lu.ma/qmfwkse3) - FarCon: Running all weekend Learn more about Base's decentralization progress in their [official announcement](https://base.mirror.xyz/tWDMlGp48fF0MeADcLQruUBq1Qxkou4O5x3ax8Rm3jA)
Senpi AI Launches Onchain Portfolio Management and Trading Automation Tool
Senpi AI introduces a comprehensive onchain analysis tool designed to enhance crypto portfolio management and trading decisions. The AI-powered platform offers: - Real-time portfolio tracking and monitoring - Market sentiment analysis capabilities - Automated trading execution - Live data integration and updates The launch follows recent developments in AI-driven crypto tools, including Mind AI's market analysis platform. These solutions aim to provide data-driven insights for more informed trading decisions. [Try Senpi AI](http://senpi.ai)
Farcaster Mini Apps Ecosystem Grows with Podcasts, Games, and Creative Tools
Farcaster's ecosystem continues expanding with innovative mini apps that integrate directly into users' feeds. Recent launches include: - **@podsdotmedia**: Discover and collect podcasts while browsing - **Tip 'N Earn**: Automatically convert likes to USDC tips - **@paragraph_xyz**: Read and collect essays onchain - **@warpslot**: Free daily memecoin dispenser game - **@titlesxyz**: Create AI art with artist-trained models - **Farville**: Build and trade in an onchain farming game - **FarGuesser**: 30-second geography guessing game - **@Farcade_AI**: Gaming platform with friend challenges These apps require no installation or additional sign-ins, marking a significant evolution in social platform functionality.
Base Batches Launches Support Program for Part-Time Builders
Base has announced *Base Batches*, a new initiative designed to support developers who build during nights and weekends. The program offers: - Development tools - Financial backing - Technical support resources This move acknowledges the significant contributions of part-time developers to the web3 ecosystem and aims to make building on Base more accessible for those who can't commit to full-time development. Base Batches complements Alchemy's existing cross-chain support system, which provides round-the-clock assistance through their dashboard.