Coinbase Acquired Iron Fish Team to Enhance Blockchain Privacy
The post Coinbase Acquired Iron Fish Team to Enhance Blockchain Privacy appeared on BitcoinEthereumNews.com.
Coinbase acquired the Iron Fish team to improve blockchain privacy on Base. The Iron Fish network and its technology will continue to operate independently. Privacy is crucial in the present modern-day world, especially in emerging technologies like blockchain. Even though the blockchain technology is efficient, immutable, and secure, it still needs further improvements as it is in early stages of development. On a similar note, Coinbase acquired the Iron Fish team to improve privacy of Base blockchain. 🚨 Privacy is about to go mainstream. 😎 The @ironfishcrypto team is joining @base to scale privacy for millions of users, while the Iron Fish Foundation will continue independently to support the Iron Fish network in its mission to be the largest safe cross-chain privacy… pic.twitter.com/wbk1mKUTZZ — Iron Fish (@ironfishcrypto) March 6, 2025 As per official announcement from Iron Fish on X, its team is going to join Base to enhance privacy features. Base has also confirmed the news of bringing Iron Team to its blockchain. It also clarified that Base is only acquiring the team behind the Iron Fish. The Iron Fish Network and native token will continue to operate independently. And, the Iron Fish Foundation remains focused on its mission to be the largest and secure cross-chain privacy pool. Its CEO Elena Nadolinski will continue to serve on the Iron Fish Foundation’s board. What’s Ahead for Base Following Coinbase’s Acquisition of the Iron Fish? With the recent Iron Fish Acquisition, we could witness improved privacy features on the Base network. Base has already gained traction across the industry with its real time use cases. The present acquisition could take the Base blockchain to new levels and strengthens its position in the market. Meanwhile, the crypto market is facing extreme volatility as the US government announcements are impacting the market. As the…
Filed under: News - @ March 7, 2025 5:23 pm