Today’s Insider ⬇️
Product Renaming: Coinbase rebrands Base App back to Coinbase Wallet after just over a year as social experiment falls short
People and Culture: Former Alameda CEO Caroline Ellison joins nonprofit charity Manifund
Stablecoin Issuance: Uzbekistan begins government bond-backed stablecoin payment pilot
Market Update
Market | Value | Day P&L | YTD |
Bitcoin | $77,305 | +0.16% | -33.12% |
Ethereum | $2,505 | -0.79% | -45.95% |
Solana | $100.97 | -0.97% | -57.57% |
XRP | $1.35 | -0.84% | -56.47% |
S&P 500 | $7,666 | +0.99% | +16.38% |
Gold | $4,361 | -0.11% | +19.84% |
1. Coinbase Rebrands Base App Back To Coinbase Wallet After Just Over A Year
Product renaming: Coinbase reverses its Base App rebrand, restoring the Coinbase Wallet name and repositioning the self-custodial app as a multichain trading platform.
🔎 Insider Insight: The reversal candidly acknowledges that the social and creator experiment failed, with Coinbase pivoting the app toward its core strength of trading rather than forcing a social media model onto a crypto-native audience. Framing Coinbase Wallet as a "test kitchen" for assets and products unavailable on the main exchange gives it a clear differentiated role within Coinbase's broader "everything exchange" strategy.
Top Crypto Insider Pick of 2026
BlockchainFX Attracts Massive Attention as it Nears $15M Presale Target
BlockchainFX (BFX) is transforming global trading by merging traditional financial markets with decentralized technology. The platform provides seamless access to multiple asset classes, including cryptocurrencies, stocks, forex, and commodities, all within a single, unified ecosystem.
Meanwhile, with transparency and security at its core, BlockchainFX delivers faster transactions, lower fees, and improved accessibility. Its user-friendly interface and all-in-one design have earned it several innovation awards, making it a trusted solution for both institutional and retail investors.
By combining advanced technology with simplicity, BlockchainFX is redefining the trading experience for both experienced and beginner traders. As demand for secure and versatile trading platforms grows, BlockchainFX continues to gain recognition and interest from a global audience.
💡 Pro Tip: Having raised over $14 million in presale funding, BlockchainFX is proving its strong market appeal. At a presale price of $0.035, compared to the $0.05 launch price, $BFX offers an attractive entry point for early investors. With its focus on accessibility, innovation, and value, BlockchainFX positions itself as a compelling solution in the trading world, ensuring it’s more than just another token; it’s a practical tool for modern traders.
2. Former Alameda CEO Caroline Ellison Joins Nonprofit Charity Manifund
People and culture: Caroline Ellison, released early from prison in January 2026, has joined AI safety and effective altruism nonprofit Manifund full-time after a work trial since July, working under the pseudonym "Carol."
🔎 Insider Insight: Manifund founder Austin Chen's public endorsement of Ellison's redemption, combined with her cooperation in the FTX prosecution, signals a calculated bet that her analytical skills outweigh her reputational liability in the nonprofit sector. Her focus on AI safety and effective altruism represents a deliberate pivot toward causes positioned as the antithesis of the unchecked risk-taking that defined her time at Alameda.
What term describes the irreversible recording of data on a blockchain?
3. Uzbekistan Begins Government Bond-Backed Stablecoin Payment Pilot
Stablecoin issuance: Uzbekistan launches a 12-month pilot of HUMO, a som-pegged stablecoin backed by government securities, with over 20 merchants testing payments under a joint NAPP and central bank sandbox framework.
🔎 Insider Insight: Backing a stablecoin with government securities rather than cash reserves gives the HUMO pilot a uniquely fiscally integrated design, directly linking monetary and debt management in a single instrument. Uzbekistan's three-year pilot framework with structured regulatory assessment signals a more methodical emerging market approach to CBDC-adjacent stablecoins than many peer economies have pursued.
That’s all for today’s insight. Stay informed, and we’ll see you in tomorrow’s edition.
Till next time,
3Insiders Team
