Brian Armstrong’s tweet on Coinbase app users able to directly access Ethereum-based dappsBrian Armstrong, CEO of the cryptocurrency trading platform Coinbase, shared an article on the company’s new decentralised application (dapp) wallet and browser allowing a small set of Coinbase users to access Ethereum-based dapps directly from the Coinbase app. The article further noted that with the launch users will be able to explore dapps without having to manage a recovery phrase. The dapp wallet is powered by Multi-Party Computation (MPC) technology, which allows users to have a dedicated on-chain wallet that Coinbase is able to keep secure. It lets you access third party dapps right from within the Coinbase app. Officials went to the extent of suggesting that the EU should ban Bitcoin trading to reduce its overall energy consumption.

Source: Wall Street Journal August 08, 2022 05:48 UTC