News, July 17th, Cryptocurrency exchange platform Coinbase announced on Wednesday the launch of its "everything app" — "Base App," aimed at attracting more users to the crypto economy. This new app, which replaces Coinbase Wallet, integrates wallet, trading, and payment functions, while incorporating social media, instant messaging, and mini-program support, all running on its in-house developed Ethereum Layer 2 network Base. For Coinbase, this move aims to break through the limitations of its core cryptocurrency exchange business and reach a broader potential user base.