On July 16th, Privy, a Web3 authentication tool, announced that it has received a strategic investment from Coinbase Ventures. It works closely with many of Coinbase's product teams, including the Base team, to support teams such as Blackbird, friend.tech, to bring crypto products to mainstream users. The new funds will be used to deepen the partnership and help developers build better products on the chain. That means helping developers build on Base, funding user accounts, setting up Coinbase ...
Privy, an authentication tool provider, has launched support for cross-application wallets, a feature that allows users to log into other applications using existing embedded wallets. The feature allows users to access and manage assets across applications, enabling interoperability. Once connected, users can verify ownership, sign information, and execute transactions. The implementation includes initial integrations with application providers such as Zora, OpenSea, Fantasy, and Adimverse. Priv...