DEEP DIVE INTO COINBASE SMART WALLET

Summary from the TLDR Crypto newsletter

Coinbase has introduced a new Smart Wallet, offering a self-custodial solution that uses biometrics and a passkey system to secure transactions via a user-specific smart contract. This innovative approach ensures that users retain sole ownership of their wallet, with multiple layers of recovery provided by iCloud Keychain and Google Password Manager, minimizing reliance on intermediaries and enhancing user control and security in managing their digital assets.