Coinbase Wallet has rebranded to Base (BASE), aligning it with Coinbase's Layer 2 network. This change signifies a deeper integration within the Coinbase ecosystem and a commitment to faster, cheaper transactions. Base network has implemented Flashblocks, dramatically reducing block creation time to just 200 milliseconds. This improvement allows for quicker transaction confirmations and a more responsive user experience. Furthermore, Base will support the MagicSpend feature. MagicSpend enables users to pay transaction fees directly from their Coinbase account balance, streamlining the process and eliminating the need to hold separate tokens for gas. This makes interacting with decentralized applications on Base significantly easier for Coinbase users. The rebrand and new features aim to improve user experience and increase adoption of the Base network. ```