Ethereum News: Coinbase Introduces KYC-Verified Liquidity Pools for DeFi

A groundbreaking move by Coinbase in the DeFi space aims to reduce counterparty risk and enhance market efficiency.

Coinbase Launches KYC-Verified Liquidity Pools for DeFi

Crypto exchange Coinbase announced the launch of Verified Pools, a new service that reduces counterparty risk for decentralized finance (DeFi) participants. Verified Pools are liquidity pools only available to users who complete Coinbase’s identity verification process. The service is designed for institutional and retail traders, offering KYC-verified liquidity pools to maintain the openness and efficiency of on-chain markets. Verified Pools is powered by Coinbase’s Ethereum-centric Layer 2 network, Base, and utilizes the Uniswap v4 protocol. The exchange has also partnered with Gauntlet, a risk management firm.

FUEL Token: A Revolutionary Layer 2 Solution For Ethereum

The FUEL token represents a groundbreaking advancement in Ethereum’s Layer 2 ecosystem, offering a solution to scalability challenges. As the native token of the Fuel Network, FUEL powers transactions and incentivizes network participants. The Fuel Network executes transactions in parallel, significantly enhancing throughput and efficiency, allowing it to process over 600 transactions per second.

Ethereum’s Holesky and Hoodi Testnet Developments

The Ethereum network is addressing recent challenges with its testnets, particularly following issues revealed during the Pectra testnet activation. The complications arose from changes in deposit contract configurations, impacting clients across various Ethereum testnets. Sepolia, one of the affected networks, managed to recover swiftly from the disruptions and has since returned to normal operations. In contrast, Holesky faced significant challenges, experiencing extensive inactivity leaks during its recovery process.

Nansen: Whales Quietly Accumulate Ethereum Despite Price Stagnation

Large ETH holders have been increasing their holdings throughout late 2024 and into 2025, according to data from Nansen. Despite Ethereum’s (ETH) price decline of over 44% this year and trading around $1,900, some large investors are still adding to their holdings. While smaller ETH holders have been reducing their balances, whales holding between 10,000 and 100,000 ETH have increased their holdings by over 12% in early 2025.