base

Immunefi Security Chief Gonçalo Magalhães stated that an unnamed Base treasury suffered a vulnerability exploit of approximately 6 million dollars, while there were still about 31.7 million dollars in assets within the treasury at the time of the incident.According to the briefing, the attacker added a malicious contract to the treasury's lending whitelist through a Safe multi-signature wallet, subsequently withdrawing 1,783 aBaswstETH, which were then exchanged for approximately 1,783 wstETH via AaveV3. Gonçalo Magalhães pointed out that the whitelist's restricted addresses appeared secure, but approved addresses could withdraw assets without collateral, constituting a vulnerability; this whitelist weakness had been discovered the previous week, but researchers lacked a clear disclosure channel. More than 24 hours after the incident, no team has publicly claimed responsibility or disclosed remedial measures.

Cryptocurrency exchange Coinbase announced that it will relaunch the Coinbase Pro platform by the end of this year and has completed the integration with Deribit, thereby forming Coinbase Global Exchange. Coinbase stated at the Token2049 event in Singapore that its U.S. regulated futures commission merchant, Coinbase Financial Markets, will soon connect eligible U.S. customers to global crypto derivatives liquidity, marking the first time in market history that the U.S. is linked to the international derivatives market as a single liquidity pool.Coinbase indicated that the guidance released by the U.S. Commodity Futures Trading Commission in May allows Coinbase Financial Markets to connect U.S. customers with the global crypto derivatives market, enabling U.S. institutional clients to access options and perpetual contracts that previously required offshore entities and multiple counterparties to use in a regulated manner. Qualified traders outside the U.S. will gain access to options trading in the coming weeks, while U.S. retail traders are expected to open later this year. U.S. institutional clients can trade Deribit options and perpetual contracts through Coinbase Prime, with account openings currently available.Coinbase acquired Deribit, one of the largest global crypto options exchanges, for approximately $2.9 billion in August 2025. As of September 30, Deribit had over $30 billion in open interest for Bitcoin options, with trading volume exceeding $1 trillion last year.

According to the market intelligence platform Liquid24/7.xyz, Coinbase's spot BTC has approximately 70.96 sell orders at the price level of $85,902, with a nominal value of about $6.1 million, which is about 0.43% above the mid-price of approximately $85,537 at that time.The total buy orders at the near-end market amount to approximately $22.5864 million, while sell orders are about $26.7876 million, resulting in a net sell order surplus of approximately $4.2012 million, accounting for 8.51% of the total depth.

On Tuesday, Coinbase added short-term up-and-down contracts to its prediction market, covering Bitcoin, Ethereum, and 8 other tokens, allowing for bets on crypto price direction at 15-minute and hourly intervals.These contracts are listed by the prediction market platform Kalshi, which previously operated the same 15-minute market on its own exchange.

Coinbase officially announced that it has officially launched stock options trading services within its app, supporting trading of call options and put options.Coinbase stated that this service allows users to clearly define their risk exposure before trading and offers commission-free trading, enabling users to trade stock options without switching to other apps.

According to the official announcement, Coinbase has included PONS and WHUF in the listing roadmap.

Binance co-founder He Yi stated in a Chinese AMA at the Binance smart product launch that "the Binance AI Pro product is already able to smoothly complete tasks based on the conditions set by users. However, in the future, we hope that AI Pro can recommend corresponding structured investment strategies based on user preferences, such as whether they are a holder or a trader, or whether they prefer dollar-cost averaging or grid trading. Once the user confirms, it can be executed."

According to Onchain Lens monitoring, an investor withdrew 8,088 AAVE (worth 1.46 million USD) from Coinbase and deposited it into FalconX, possibly for sale.

According to the official announcement, the Binance Futures platform will launch multiple USDT-denominated perpetual contracts on October 6, including USDEXUSDT, VKTXUSDT, MCDUSDT, and AKAMUSDT. The specific launch times are 17:00, 17:05, 17:10, and 17:15, with a maximum leverage of up to 20 times.

According to the information released by the SEC, Coinbase (COIN) director Marc Andreessen sold 20,514 shares of the company's stock on October 1 at an average price of $190.12 per share, for a total value of approximately $3.9 million. After the transaction, his direct holdings decreased to 1,111,540 shares.

According to Onchain Lens monitoring, a certain wallet has once again purchased and withdrawn 54,020 HYPE through Coinbase Prime, worth approximately 5.13 million dollars. In the past month, this wallet has accumulated an increase of 158,780 HYPE, worth approximately 13.08 million dollars.

According to the market intelligence platform Liquid24/7.xyz, Coinbase's spot BTC has approximately 71.39 sell orders at the price level of $86,005, with a nominal value of about $6.14 million, which is about 0.44% above the mid-price of approximately $85,626 at that time. The total sell orders at the near end are about $25.92 million, while the buy orders are about $24.22 million.Currently, Coinbase's spot sell orders have a net long position of about $1.70 million, accounting for 3.39% of the total depth. The sell order at the price level of $86,005 is the most prominent resistance at the near end.

According to Lookonchain monitoring, a newly created wallet address (t1Sj6J) has withdrawn 7,166 ZEC from Coinbase in the past 12 hours, worth approximately 9.67 million dollars. It is currently unclear whether this address belongs to an individual investor, an institution, or another entity.

According to on-chain analyst @ai_9684xtpa's monitoring, smart money betting on UNI in September seems to have taken profits, earning $1.27 million in one month. An address two hours ago transferred all 654,288 UNI to Coinbase, worth $5.96 million.This address withdrew this portion of tokens at an average price of $7.16 from September 3 to October 1, and if sold, the return rate would exceed 27.23%.

According to on-chain analyst @ai_9684xtpa, 6 hours ago, GMGN transferred 11,999.5 ETH to the Coinbase Batch Staking address for staking.It is worth noting that a week ago, GMGN deposited ETH worth 16.38 million dollars into the trading platform, suspected to be for sale.

Anthony Bassili, President of Coinbase Asset Management, stated that his team has a price target for Bitcoin to exceed $300,000 by 2030. He also pointed out that as the market capitalization of Bitcoin continues to expand, its cyclical return rates will keep narrowing, and achieving parity with gold is a longer-term process.In the interview, Bassili also discussed how pension funds, endowment funds, and sovereign funds allocate Bitcoin, as well as the common allocation ratio of 1% to 5% of Bitcoin adopted by wealth advisors. He introduced the user base and operational logic of the Coinbase Bitcoin Yield Fund and discussed the time required for tokenized products, such as tokenized funds and iCapital linked funds, to reach advisory channels.Additionally, he analyzed the correlation between Bitcoin and gold in the era of fiscal dominance and mentioned the value storage index that incorporates Bitcoin and gold into the same vehicle.

The platform Umia, which helps cryptocurrency projects issue and govern tokens, completed a $6.11 million financing by auctioning its own UMIA tokens. Francesco Mosterts, co-founder and CEO of Umia, told The Block that the seven-day auction had a fully diluted valuation of $18 million, selling a total of 17.3 million tokens, which accounted for 34.6% of the total supply. All tokens sold in the auction were unlocked at issuance, with no lock-up period. According to CoinGecko data, the current trading price of UMIA is approximately $0.68, corresponding to a fully diluted valuation of about $34 million.About 45% of the funds came from institutional investors, with ten funds participating, including Galaxy Ventures, Digital Currency Group, Draper Associates, RenGen, Alpha EV, Maven 11, and Eon Capital, along with nearly 700 individual bidders. Umia stated that these funds had the same terms as other bidders, did not receive discounts, and no investors were granted board seats, observer roles, or advisory positions. The auction took place from August 26 to September 2 on Base, using Umia's version of Uniswap's continuous liquidation auction, with a minimum target of $2 million and a maximum token price of $0.36.Umia places the intellectual property, operational team, and treasury of each project under the same legal structure associated with the tokens, rather than being dispersed among companies, foundations, and DAOs.

Bank of America raised its price target for Coinbase from $174 to $203 and reiterated a "Buy" rating. The bank expects that after the Federal Reserve's interest rate hike in September, stablecoin revenue will further increase, thus raising its earnings per share forecast for Coinbase for 2027 to 2028.However, due to weakened cryptocurrency trading volumes, Bank of America has lowered its near-term performance expectations for Coinbase, despite Bitcoin and Ethereum rising 43% and 70% respectively in the third quarter.

According to the GoPlus security team, an unclaimed treasury contract on the Base chain was attacked. The attacker added a malicious contract to the lending whitelist through Safe multi-signature and withdrew 1783 aBaswstETH, then redeemed approximately 1783 wstETH on Aave V3, resulting in a loss of about 6 million dollars.It is reported that the attack stemmed from failures in multi-signature governance and access control. The project team had not executed Safe transactions on the treasury contract for 25 days prior to the attack, which may have been due to social engineering attacks or internal collusion; the core contracts of Aave and the Base chain itself were not affected. As of the time of publication, approximately 31.7 million dollars in assets remain at risk in the attacked treasury.

According to the market information platform Liquid24/7.xyz, Coinbase's spot BTC has approximately 67.65 buy orders at the price level of $86,165, with a nominal value of about $5.829 million, retracting about 0.37% from the mid-price of approximately $86,488 at that time.The total near-term buy orders amount to approximately $20.0554 million, while sell orders are about $24.5673 million, resulting in a net sell excess of approximately $4.512 million, accounting for 10.11% of the total depth.