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Coinbase, a top US crypto exchange, focuses on increasing crypto assets and Web3 protocols adoption.
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The second-largest global digital asset exchange, on the company blog, states that
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its goal is to "serve as the bridge" between Web3 and its customers by "supercharging the key building blocks."
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First, Coinbase stated that it would concentrate on improving the security of its crypto wallet.
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Bad actors have been airdropping tokens to user wallets to lure them into sites that could compromise their safety.
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The crypto exchange giant will next focus on non-fungible tokens (NFTs) to increase crypto adoption.
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Coinbase will increase users' access to both NFT markets and development tools, according to the blog post.
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"Coinbase's strategy is to manage all Web3 tooling so creators can concentrate on building community.
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The in-app browser accesses every major NFT marketplace [and] allows you to view offers on your NFTs.
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Coinbase claims it also uses its cloud-based services for developers to create the Web3 infrastructure.