Coinbase Wallet's Big Rebrand

1️⃣ Coinbase Wallet is now the Base App

One of the biggest wallets in crypto has just undergone its biggest evolution yet.

That's because this week Coinbase Wallet officially introduced its rebranded revamp, the Base App, featuring a new Farcaster-powered social feed.

The idea? Offering "an everything app" where people can "create, earn, trade, discover, and chat with friends all in one place." Consider joining the waitlist to get in line for a preview ahead of the full launch.

This unveil coincided with a number of other updates, too, like the rollouts of Base Accounts, Base Pay, and Flashbocks on Base Chain (the new name of the Base L2). All these advances will be catalysts for Base's culture scene in the months ahead.

2️⃣ Fantasy's migration

Fantasy, the social trading card game, has basically been the main attraction on the Blast L2 since it launched last year. But that's all about to change.

That's because this week Fantasy announced and kicked off its migration to Base.

It makes sense. Base has continued to grow and strengthen, while Blast has struggled and slid. Fantasy wants to reach the most players they can, and Base will give them a much better chance of doing that going forward.

That said, this is definitely a big blow for Blast. Fantasy was behind nearly 90% of the 7-day fees on the L2 last week. Let's see if anything can plug the gap in its wake there.

3️⃣ The rise of Songcoins

Onchain record label Coop Recs made waves this week with the official introduction of its new Songcoins format.

Now, songs released here are minted as 1B supply fungible tokens on Base, so fans can easily trade tracks. Artists receive 5% of the total supply of their songcoins (vested over 90 days), and they also earn a cut of any trading fees accrued.

It won't be a deluge at first. Every Friday, Coop Recs plans to drop new coins from a "mix of popular songs from our back catalog, new artists joining the platform, and new songs dropping in real time."

It's an interesting approach, so let's see if they can pull it off and gain some serious traction going forward.

4️⃣ A big Squiggle buy

In cryptoart news, it was a validating week for onchain generative art as the Toledo Museum of Art (TMA) just acquired Chromie Squiggle #1458 via SquiggleDAO.

It's a fitting acquisition, as Squiggles are the first and most legendary Art Blocks collection.

Notably, the sale marked the 1st time a DAO has sold an NFT to a museum, and the payment (with royalties included!) was made onchain. We'll surely see more moves like this in the years ahead, but it's great to see TMA trailblazing onchain now.

5️⃣ D&G USA NFT lawsuit tossed

A federal judge this week dismissed the class‑action suit against Dolce & Gabbana USA, finding no evidence the U.S. arm was the “alter ego” behind the DGFamily NFT project that some investors have alleged was a rugpull.

Despite overlapping executives, shared branding, and co‑located offices, the court ruled these dynamics weren’t enough to pierce the corporate veil. With D&G USA cleared and the foreign defendants still unserved, the case has officially stalled.

Whatever happens from here, the episode's a reminder that chasing NFT claims through tangled, cross‑border structures can be an uphill fight.