Coinbase is renaming Base App back to Coinbase Wallet, roughly a year after it rebranded the wallet as an all-in-one social, payments and trading everything app.

The July 2025 relaunch folded a Farcaster-powered social feed, mini-apps, chat, USDC payments and onchain trading into one Base-powered super-app. The social layer never landed: Coinbase pulled the Farcaster feed in February to refocus on trading, wound down its Base Creator Rewards program after paying out over $450K to about 17,000 creators, and Base lead Jesse Pollak stepped back from app leadership, calling the social bet "wrong." CEO Brian Armstrong later said the SocialFi features "didn't quite work."

The rename marks a retreat to Coinbase's core wallet identity and a trading-first product, a notable climbdown from the "everything app" ambition it pitched just over a year ago at its "A New Day One" event.

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The week the institutions stopped watching from the sidelines — a central bank, a $21B exchange bet, and the first staked TRON ETF all landed at once.

Five that actually mattered:

— Nasdaq's venture arm invests $100M in Payward

— MetaMask spins out of Consensys as an independent company

— First Staked TRON ETF Debuts in the US

— Bundesbank is testing ZKsync's open-sourced Prividium

— Etherscan launched Flow, mapping how funds move

UniLend has announced the next chapter for its community, transitioning from the UniLend Protocol to Maxi, a new decentralized, social-first crypto trading platform focused on asset discovery, research, and trading across major blockchain ecosystems.

All eligible UFT holders will be offered a 1:1 migration to MAXI, meaning 1,000 UFT can be migrated into 1,000 MAXI. The ratio refers to token quantity and does not represent or guarantee equivalent market value.

Maxi is designed to combine social-driven asset discovery with trading and AI-assisted research, allowing users to better understand projects and move from discovery to execution within a more unified experience.

The team said active development of UniLend ceased last year after the protocol failed to achieve sustainable traction.

No migration action is required from UFT holders at this time.

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Uniswap Labs launched StablePair Hook, a new Uniswap v4 tool designed to help liquidity providers capture more value from stablecoin trading pairs such as USDC/USDT and USDC/USDG. The hook uses dynamic fees that adjust based on how far a pool’s price moves from its reference price.

ℹ️ Stablecoin-to-stablecoin swaps on Uniswap reached $43.4B in Q2, exceeding the combined volume of the next three onchain venues, according to Uniswap Labs

When prices remain close to the reference level, StablePair Hook adjusts fees to maintain a fixed spread. If the price moves away from the reference range, trades pushing the price further away pay no fee, while trades restoring parity use a Dutch auction mechanism with fees that decline block by block.

The first StablePair Hook pools are launching on Ethereum for USDC/USDG and USDC/USDT.

Uniswap Labs said more than $38B in swap volume has already flowed through v4 hooks across 20 chains, with over 90,000 hooks initialized to date.

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Uniswap V4 hooks turned liquidity pools into programmable money. A hook is a small add-on that plugs into a pool and rewrites the rules — fees, MEV, extra yield.

We mapped where the money actually flows. 4 ways to earn:

1️⃣ Launch and Earn: take a fee on every swap of your token

2️⃣ LP & Keep the MEV: arbitrage profit goes back to LPs, not searchers

3️⃣ Idle LP → Yield: your liquidity also lends and compounds

4️⃣ Run the Pool: win the manager slot, take the whole fee + MEV

But farming hooks by hand, rebalancing, compounding and harvesting kills the yield. That's where agents come in. We run these positions on autopilot with Krystal: AI-managed V4 LP across 9 chains, auto-rebalance + compound + harvest, zero manual work.

The Boring Company raised $3 billion in a Series D round at a $23 billion valuation, led by the United Arab Emirates, as Elon Musk's tunneling venture pushes to dig mass underground infrastructure across the Gulf.

The UAE and affiliated investment entities anchored the round, joined by Sequoia, a16z, Temasek, Vy Capital, Valor Equity Partners, Baron Capital, Human Capital and Shamal Holding. The capital funds more than 150 kilometers of tunnel across the Emirates, accelerates the Dubai Loop, and expands the Las Vegas Loop plus a new Music City Loop in Nashville. The Dubai Loop begins with a 6.4-kilometer pilot of four stations, with construction starting late 2026.

The Vegas Loop, the company's flagship system, already counts 123 entitled stations and has carried more than 4 million passengers. "Defeating traffic is the ultimate boss battle," Musk said, framing the raise as fuel for a global build-out that turns short tunnel pilots into metro-scale networks.

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Real Technologies published a MiCA whitepaper for $ASSET, the token from tokenized-assets platform Real Finance, and it now appears in ESMA's Interim MiCA Register across all 30 EEA markets.

The whitepaper gives $ASSET a single, standardised MiCA disclosure for the whole European Economic Area, a formal reference that exchanges, institutions and other market participants can use to evaluate the token and support its admission to trading.

Real Finance pitches itself as institutional infrastructure for tokenized real-world assets, anchored by Austria's Wiener Privatbank and using Anchorage Digital for custody.

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PayPal launched PYUSDx, a platform that lets businesses create custom stablecoins backed by PayPal USD (PYUSD), expanding PayPal’s stablecoin infrastructure beyond its own branded token.

PYUSDx was built with stablecoin infrastructure provider M0 and crypto payments firm MoonPay. The platform has launched with Saturn, Concrete and Cap, which collectively bring more than $100M in processed volume.

The platform combines M0’s stablecoin technology with MoonPay’s issuance and distribution infrastructure, allowing businesses to launch their own stablecoins while leveraging PYUSD as the underlying backing.

Additional projects including USD AI and Fairblock are also joining the platform.

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Block has applied to the OCC to establish Builders Bank & Trust, an uninsured national trust bank focused on custody and fiduciary services for Bitcoin and stablecoins.

If approved, the bank would provide a federally regulated framework for certain digital asset custody activities already offered by Block. It would not accept deposits or make loans, with Block’s digital asset strategy lead Lee Woolley set to serve as CEO.

Block joins a growing wave of fintech and crypto companies seeking federal bank charters as the U.S. regulatory environment becomes increasingly supportive of digital asset infrastructure.

Coinbase, Ripple, Circle and other firms are also pursuing or operating under federal banking frameworks.

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Nasdaq's venture arm is investing $100 million in Payward, the parent of crypto exchange Kraken, in a deal that values the company at $21 billion and expands a tokenization partnership the two struck in March.

The capital deepens a plan to build an equities transformation gateway powered by Kraken's xStocks, letting tokenized shares move between Nasdaq's regulated, permissioned markets and permissionless public blockchains in eligible jurisdictions. Under the arrangement, Kraken serves as the primary settlement layer for Nasdaq's planned equity tokens and as the distribution partner outside the US, while Payward Services handles KYC and AML onboarding. Nasdaq expects the equity-token design to go live in the first half of 2027, pending regulatory sign-off.

xStocks has already cleared over $40 billion in volume since June 2025 across more than 200,000 holders, and the London Stock Exchange plans to tokenize 100 London-listed companies on the same rails.

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