base

According to the official announcement, Binance is expected to suspend token deposits and withdrawals on the Base network on May 29, 2026, at 01:00 to support its network upgrade and hard fork. Token trading on the aforementioned network will not be affected. The project team expects to carry out the network upgrade and hard fork on May 29, 2026, at 02:00.

Coinbase announced a partnership with Standard Chartered Bank to expand global multi-currency funding channels through Coinbase Prime, supporting Australian dollars, Singapore dollars, Canadian dollars, Swiss francs, euros, and British pounds.Coinbase stated that this move will enhance capital efficiency, reduce foreign exchange friction, and enable institutional clients to seamlessly conduct global market operations on the same platform through Coinbase Prime.

According to CoinDesk, Coinbase's Ethereum Layer 2 network Base has launched an AI integration tool called Base MCP, which allows users' Base accounts to connect to AI clients such as ChatGPT, Claude, and Cursor. Users can complete transfers, token exchanges, check balances, view transaction records, and interact with DeFi applications through natural language.

The cross-chain liquidity aggregation protocol LI.FI announced the launch of LI.FI Intents, a modular full-stack execution engine that competes for order execution through a network of specialized solvers, built on the reference contract of the Open Intents Framework.The Open Intents Framework is a public goods initiative led by the Ethereum Foundation, with contributions from over 30 teams including LI.FI, OpenZeppelin, Wonderland, Uniswap Labs, Hyperlane, and others. LI.FI Intents is a large-scale implementation of OIF in a production environment, providing stablecoin payments, access to real-world assets, and compliant on-chain liquidity for enterprises.LI.FI stated that historically, the intent stack has been too rigid, forcing all applications to adopt a single execution model. Teams had to build from scratch to solve multiple issues such as order expression, solver networks, cross-chain settlement, and fill validation. OIF empowers teams with the freedom to choose and customize through modular components, reducing the time to build intent applications from months to days.The Ethereum Foundation commented, "The Open Intents Framework is designed as a shared infrastructure for intents, a modular and open framework for the ecosystem to collaboratively build intent applications. This framework takes the next step: achieving large-scale adoption."

According to on-chain analyst Onchain Lens (@OnchainLens), a newly created wallet received 501,250 HYPE from Coinbase, worth approximately 30.93 million dollars.

According to Onchain Lens monitoring, a newly created wallet received 501,250 HYPE from Coinbase, worth 30.93 million dollars.

According to official news, Base MCP has officially launched. Users can connect their Base accounts to the AI interface to execute exchanges, transfers, track portfolios, and participate in the Base ecosystem through chat. The service supports Morpho, Moonwell, Aerodrome, Bankr, Avantis, Virtuals, and Uniswap from the start, covering areas such as lending, exchanges, and perpetual contracts.Users can install and use the Base account for authentication through AI clients that support MCP. All transactions initiated by the AI agent require user manual confirmation or cancellation. Base MCP is built on the OAuth 2.1 standard for authentication, generating wallet request links through the storage request feature, and the MCP server does not hold or access user private keys.

According to official news, Coinbase announced that spot trading for MetaDAO and Derive will go live on May 27, 2026.The META-USD and DRV-USD trading pairs will open at or after 9 AM Pacific Time (provided liquidity conditions are met) and will be officially enabled in regions that support trading.

Coinbase Markets official announcement, Coinbase announces support for Citrea (CTR). Users can now generate CTR deposit addresses on the Coinbase website, App, and exchange, but the deposit function will only be available after the asset issuer unlocks the transfer.

According to the official announcement, Binance will launch the OPENAIUSDTU-based Pre-IPO perpetual contract on May 26, 2026, at 08:30 (UTC), supporting up to 20 times leverage. This contract is based on OpenAIGroupPBC (OPENAI) stock, with an estimated total of 1 billion shares.Trading will be available around the clock, and the funding rate during the Pre-IPO phase will be fixed at 0.005% every 8 hours, after which it will switch to the standard mechanism.

The Binance contract will launch the OPENAIUSDT U-based Pre-IPO perpetual contract on May 26, 2026, at 16:30, with a maximum leverage of up to 20 times. This contract will be settled in USDT and supports 24/7 trading.

According to GMGN monitoring, the Base ecosystem token KTA (Keeta Network) rose 22% today, with a market cap returning to the $200 million mark, currently reported at $0.206. The 24-hour trading volume surged to $3.4 million, with a cumulative increase of about 50% over the past week. KTA is the native token of Keeta Network, positioned as a Layer-1 project connecting TradFi and DeFi. This round of increase was mainly catalyzed by the announcement of the launch of the Keeta Personal one-stop trading product. The token has been online for 446 days, and last June, its price peaked at $1.6. Since then, it has been affected by the ongoing spread of FUD related to project fraud, compounded by on-chain detective ZachXBT stating that "the project is being hyped by some unknown KOLs and there are suspicions of high control," leading to a sudden price crash. As of the time of writing, KTA has fallen approximately 87.5% from its historical peak.ChainCatcher reminds users that on-chain trading is highly volatile, largely relying on market sentiment and concept hype, and investors should be aware of the risks.

The Binance contract platform will launch the following U-based TradFi perpetual contracts on May 26, 2026: NBISUSDT will go live at 21:30, WDCUSDT at 21:35, ARMUSDT at 21:40, BEUSDT at 21:45, and COHRUSDT at 21:50. Users can pay attention to subsequent announcements for more information.

Ark Invest founder Cathie Wood shared her price predictions for Bitcoin over the next 5 years, with a base case target price of $750,000 and an optimistic case target price of $1,250,000. Cathie Wood stated that the key factors driving Bitcoin's rise include the gold substitution effect, Bitcoin's properties as an "insurance asset," and ongoing institutional adoption.

The Monetary Authority of Singapore is collaborating with private banks to adopt a "risk-based" approach to shorten the account opening time. The head of the Monetary Authority of Singapore stated that the authority aims to reduce the account opening time to within one month, while the current median account opening time for complex cases is about six weeks or longer.He stated that this move is intended to ensure that banks maintain high standards while avoiding unnecessary and excessive scrutiny of the sources of clients' wealth.

Aave founder and CEO Stani Kulechov tweeted that the valuation of DeFi lending protocols should not primarily refer to TVL, as it measures net collateral rather than lending activity. Comparing data from the end of 2025, Aave's supply scale is about $52 billion, active loans about $22 billion, loan interest flow over $700 million, and DAO retention about $150 million; SoFi has deposits of about $37.5 billion, a loan book of about $38 billion, loan income of about $1.8 billion, and net profit of about $481 million.Stani stated that in traditional finance, deposits are liabilities or capital costs, and loans are interest-bearing assets, with lenders typically assessing based on the loan book, interest income, interest spread, and asset growth; however, the DeFi market mainly focuses on TVL and DAO retention fees. He believes that Aave is closer to over $700 million in lending business under a traditional financial accounting framework, rather than a $150 million revenue protocol; TVL is not the revenue basis for lending protocols, but the loan book and interest flow are the core.

Coinbase CEO Brian Armstrong posted on X, listing eight areas of the current financial system that still need updates: 1. Tokenization of real-world assets, bringing assets like real estate, stocks, and bonds on-chain for instant settlement and fractional ownership; 2. 24/7 global trading, aggregating global liquidity to enhance capital efficiency; 3. Next-generation payments, using stablecoins for near-instant, low-cost global transfers, including AI agent payments; 4. AI-driven risk, credit, compliance, and consulting, providing everyone access to quality financial advisory services; 5. Innovation-friendly regulation, shifting from a one-size-fits-all approach to risk-based rules; 6. Expanding access, allowing all smartphone users to participate through open protocols and self-custody wallets; 7. Capital formation, lowering the barriers for financing any good ideas; 8. Sound money, providing a safe haven against inflation when fiat currency discipline is lost.Armstrong stated that achieving these goals requires significant technological innovation and policy support.

According to BBX data, the pressure from market regulation suddenly intensified over the weekend, and institutional-level crypto derivatives product lines expanded simultaneously. The core dynamics are as follows:On May 22, James Comer (Republican, Kentucky), Chairman of the House Oversight and Government Reform Committee, officially issued investigation letters to Kalshi (privately held) and Polymarket (privately held), initiating a formal congressional investigation into insider trading on prediction market platforms. The investigation focuses on two suspicious bets: one betting on the early capture of Venezuelan President Maduro, and another betting on the direction of the Iranian conflict. Both transactions recorded unusually large amounts just hours before the related events were made public. According to media reports, the Wisconsin Attorney General has recently listed Robinhood Markets, Inc. (NASDAQ: $HOOD), along with Kalshi, Polymarket, and Crypto.com, as defendants, accusing them of providing unlicensed sports betting services in Wisconsin. This is the latest escalation of the prediction market facing legal challenges in 13 states to congressional scrutiny. Both Kalshi and Polymarket stated their willingness to cooperate with the committee's investigation, asserting that their platforms have robust anti-insider trading mechanisms.On May 23, the U.S. Securities and Exchange Commission (SEC) officially approved a proposal submitted by Nasdaq, Inc. (NASDAQ: $NDAQ) to launch cash-settled Bitcoin index options on its Philadelphia Stock Exchange, which does not involve physical delivery of Bitcoin. This product will allow institutional investors to hedge or invest in Bitcoin price fluctuations through standardized options contracts, filling a market gap for cash-settled Bitcoin index derivatives on regulated exchanges in the U.S. The timing of the approval coincided with significant fluctuations in Bitcoin over the week (with a low of $74,500 and a high rebound to $77,800), reflecting the accelerating release of genuine demand for volatility management tools in the market.

According to CoinDesk, Coinbase's Head of European Policy Katie Harries stated that Coinbase is not worried about large Wall Street institutions and traditional financial institutions increasing their participation in the cryptocurrency space, claiming that the crypto industry has a community foundation that traditional financial institutions cannot replicate.She mentioned that the advocacy group Stand With Crypto has over 3.7 million members globally, and members have made over 2.5 million contacts with lawmakers. Katie Harries also stated that cryptocurrency voters have become a long-term force in the global political landscape, and policymakers should expedite the development of a coordinated and reasonable cryptocurrency regulatory framework.