Coinbase Improves User Experience With Reduced Account Freezes and DeFi Access on Base

Coinbase is making significant changes to enhance user experience and expand its offerings in the cryptocurrency space. The exchange announced the launch of wrapped XRP and Dogecoin tokens on its Layer-2 blockchain, Base, granting users access to decentralized finance (DeFi) opportunities. Alongside this, CEO Brian Armstrong reported a 82% reduction in unnecessary account freezes, addressing a long-standing user concern through improved machine learning infrastructure. This shift comes after Coinbase faced scrutiny for frequent user account freezes and a recent data breach that compromised sensitive customer information.