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The Defiant 2025-03-07 22:52:56

Base Makes Strategic Bet on Privacy With Iron Fish Acqui-Hire

Coinbase, the largest U.S.-based centralized cryptocurrency exchange, has acquired the team behind the privacy-focused Iron Fish blockchain to accelerate privacy efforts on Base, its Ethereum Layer 2 blockchain. Saying that privacy is a right not a feature, Coinbase said it is “critical for unlocking the full potential of crypto” the company said in a blog post . By bringing the Iron Fish team aboard, Base is making “a long-term investment in privacy as a core pillar of the onchain economy,” it added. “This team brings a strong track record of helping builders by developing privacy-preserving tools and technology that are safe, accessible, and compliance-friendly.” To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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