Weekly Recommended Reading: Based's 10,000-word research report, analysis and compliance guidelines for the US 1099-DA form; Based, an omnichannel trading platform, completes an $11.5 million Series A funding round led by Pantera Capital.

Get a 3-minute overview of the most anticipated Web3 events of the coming week. For more dates and a comprehensive preview of Web3 events, check out Web3Caff's " Web3 Preview Calendar " service.

This issue's cover: Photo by Debby Hudson on Unsplash

This research report, authored by Shirley Li, a researcher at Web3Caff Research, systematically reviews Base's development path and technical architecture, and delves into how it expands the capabilities of the Ethereum execution layer while building a comprehensive entry point system for users and applications. Key takeaways include:

① Industry Stage Changes: From a trading platform to on-chain infrastructure, Coinbase's role is evolving from an asset gateway to an ecosystem carrier layer;

② Strategic upgrade path: From OP Stack architecture to unified technology stack adjustment, how Base balances collaboration and technological autonomy;

③ Core Product System: The collaborative structure and ecosystem positioning of Base Chain, Base Build, and Base App;

④ Key areas for future observation: evolution of the ranking mechanism, verification of ecological fluctuation risks and long-term entry value.

On January 30, Turkish authorities announced the freezing of over $500 million in assets belonging to Veysel Sahin, who is accused of operating an illegal platform and money laundering. The Istanbul chief prosecutor revealed that an unnamed cryptocurrency company carried out the freeze at the request of the Turkish government. This article provides a quick overview.

As crypto assets move from the fringe to the mainstream, a global tax regulatory "sky net" is being rapidly woven. Following the official release of the 2025 version of the Digital Asset Broker Information Reporting Form (Form 1099-DA) and its accompanying operational guidelines, the IRS recently updated two detailed rules, which will be discussed in this article.

Convicted cryptocurrency fraudster Sam Bankman-Fried, a former senior Democratic Party donor, has recently taken on a distinctly "MAGA" (Malaysian political maneuvering) flavor in his public pronouncements. While SBF has not explicitly stated it, the purpose of his frenzied social media activity is clear: to persuade President Donald Trump to release him from prison. This article will discuss this topic in detail.

Many Web3 job seekers are initially drawn to very attractive job descriptions when they first encounter these types of positions. However, are there any risks involved in these jobs in China? How should programmers transitioning to Web3 choose their positions? How can they avoid pitfalls and legal risks? This article provides an in-depth exploration of these questions.

One of Silicon Valley's most prestigious venture capital firms has become a driving force behind Washington's artificial intelligence policy. According to current and former White House and congressional aides, senior White House officials and senior congressional Republican aides now typically call a16z first when considering potential AI initiatives that could impact tech companies' plans. This article will discuss this further.

Within Moltbook's core Agent-to-Agent (A2A) communication channel, our previously published article, "Moltbook Reflections: The Last Pact of Carbon-Based Civilization," is frequently cited. The unsettling fact is that these references, through semantic resonance, mark it as a "high-risk warning of human intervention." This article provides an in-depth exploration of this topic; a quick overview is also available.

Fingerprint browsers, as a rapidly rising tool software in recent years, are widely used in scenarios such as cross-border e-commerce multi-account management, social media operation, advertising, and multi-wallet management. This article provides a systematic analysis of the security risks existing in the fingerprint browser industry, based on practical auditing experience with multiple products and real security incidents that have occurred in the industry.

Many Web3 job seekers are initially drawn to very attractive job descriptions when they first encounter these types of positions. However, are there any risks involved in these jobs in China? How should programmers transitioning to Web3 choose their positions? How can they avoid pitfalls and legal risks? This article provides an in-depth exploration of these questions.

One of Silicon Valley's most prestigious venture capital firms has become a driving force behind Washington's artificial intelligence policy. According to current and former White House and congressional aides, senior White House officials and senior congressional Republican aides now typically call a16z first when considering potential AI initiatives that could impact tech companies' plans. This article will discuss this further.

10 key news stories to watch this week

• NEAR Launches Cross-Chain Transaction Privacy Enforcement Functionality (Confidential Intents)

• The UK's FCA has selected four companies, including Revolut, to enter its regulatory sandbox to test stablecoin innovations.

• Initia launches its native stablecoin iUSD

• The People's Bank of China (PBOC) stated that it supports domestic banks in conducting cross-border RMB interbank financing business in accordance with the principles of legality, compliance, and controllable risk.

• ThirdWeb, co-founder and CTO of Web3 development tool platform, steps down.

• ZachXBT exposes allegations that multiple Axiom employees engaged in insider trading using internal tools.

• MetaMask partners with Mastercard to launch the MetaMask US card.

• Meta plans to re- enter the stablecoin market in the second half of this year.

• AMD and Meta Reach Cooperation Agreement

• Omnichannel trading platform Based has raised $11.5 million in Series A funding , led by Pantera Capital.

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