Coinbase

**Coinbase has launched crypto-backed USDC loans** powered by Morpho protocol and running on Base network. **Key features:** - Borrow USDC without selling your crypto holdings - Currently available in the U.S. (excluding New York) - More assets coming soon, including loans against staked ETH (cbETH) **How it works:** Users can access loans directly through the Coinbase app or via the Morpho app, showcasing the power of permissionless financial infrastructure. **Important considerations:** - Variable rates subject to change - Risk of collateral liquidation - Terms vary by jurisdiction and market conditions This launch demonstrates the growing integration of DeFi protocols with traditional crypto platforms, offering users more financial flexibility while maintaining their crypto positions. [Learn more](http://coinbase.com/blog/now-get-a-USDC-loan-without-selling-your-crypto) | [Get started](http://coinbase.com/borrow)

**Coinbase is preparing for a significant system update** scheduled for December 17 at 2PM PT, promising major product announcements and key business updates. The exchange describes this as **"a new era of Coinbase beginning"** and will broadcast the event live. Users can learn more and add the event to their calendars at [coinbase.com/events](https://www.coinbase.com/events). This follows Coinbase's pattern of scheduled system upgrades, including a previous temporary offline period in October 2024 that affected all trading and transfer services across their platforms.

**Coinbase has officially launched the $MON token sale**, marking a significant milestone as **US users can now participate** in token sales on the platform. Key features of Coinbase's new token sales platform: - **Prioritizes real supporters** over snipers and flippers - **Early access** to favorite tokens - **Sustainable token distribution** model - **US user inclusion** for the first time **Coinbase One members receive enhanced benefits:** - Request **1.5x to 5x more tokens** depending on membership tier - **Unlimited fee-free trading** during Member Week - **3% Bitcoin bonus** on USDC wallet funding The Monad sale represents Coinbase's effort to improve token launches by creating a more equitable distribution system that rewards genuine community supporters rather than short-term traders. [Access the MON sale](http://coinbase.com/token-sales/monad) *Ready to participate in the future of token launches?*

**Coinbase introduces instant unstaking** for Coinbase One members, allowing users to unstake crypto assets immediately for a small fee instead of waiting through traditional lock-up periods. **Key features:** - Instant liquidity when needed while earning staking rewards - Extra 5-15% staking rewards for Coinbase One members - Available in US (excluding CA, MD, NJ, WI), UK, Canada, Germany, and France **Rollout timeline:** - Currently exclusive to Coinbase One premium subscribers - Will expand to all Coinbase customers next month This builds on Coinbase's existing enhanced staking rewards program, which already offers 10-15% bonus rewards for premium members on eligible ETH staking.

Coinbase is promoting its **Coinbase One Card** with a limited-time offer of **40% off the first year**, reducing the cost to $29.99. The card allows users to earn Bitcoin rewards on purchases, with the company highlighting a case study where $1,039 in spending generated $41.56 in Bitcoin rewards. **Key benefits:** - Bitcoin rewards on all purchases (up to 4% back) - Card rewards are not taxable when awarded according to IRS treatment - No traditional points system The promotion includes referral bonuses where cardholders can earn $50 in Bitcoin for each qualified referral, up to $250 total. *Note: Rewards rates vary based on Coinbase assets held, and selling crypto rewards may have tax implications.*

The United States has officially **discontinued the penny**, with the very last one minted yesterday. This marks the end of an era for the smallest denomination of U.S. currency. The penny, which has been in circulation for over two centuries, will no longer be produced by the U.S. Mint. - Final penny minted on November 13, 2025 - Official discontinuation of the one-cent coin - End of penny production after centuries of use The phrase *"We'll keep the change"* takes on new meaning as Americans bid farewell to this iconic piece of currency.

Base creator Jesse Pollak and Doodles CEO Julian Holguin explore the future of a creator-focused internet in the latest episode of *Evolving Money* podcast, produced with Bloomberg Media Studios. Key highlights: - Discussion of how blockchain technology is reshaping online creation - Insights into Base's role in building the next generation internet - Exploration of why onchain systems are becoming the new standard for digital interactions This collaboration brings expert perspectives on how blockchain infrastructure is enabling a more creator-centric digital economy.

**@bemycourtdate** is offering a unique opportunity for NFT enthusiasts and tennis fans: - Mint their latest piece, *Oncourt Hardware*, on OnchainVision.art - Connect your wallet to Coinbase Shop - Receive a **free hat** with 100% off shipping Key details: - Limited to 1 per NFT holder - While supplies last - Mint link: http://onchainvision.art/artists/court-date-oncourt-hardware - Redeem at: https://coinbaseshop.com/products/court-date-oncourt-hardware @bemycourtdate is a racket club and apparel brand by @slow_rodeo, bringing oncourt hardware to the next generation of tennis enthusiasts.

Coinbase has introduced custom price alerts on their mobile app, enabling users to stay informed about market movements without constant monitoring. This feature allows users to set personalized price targets for cryptocurrencies. Key points: - Custom price alerts now available on Coinbase app - Helps users track market movements effortlessly - Allows setting of individual price targets This update aims to enhance user experience by providing real-time notifications for specific price points, ensuring traders never miss important market opportunities.

Coinbase Exchange will undergo a planned systems upgrade on Saturday, 10/26/24, starting around 9AM PT. During this time: - All trading services will be unavailable across Coinbase.com (Simple & Advanced Trade), Exchange, and Prime - All transfers on Coinbase Exchange will be suspended - In-flight transfers will experience delays Users are advised to plan accordingly and stay updated through @CoinbaseAssets for the latest information on the maintenance progress and service resumption.