alesia: there is some meme coin activity on base.e seeing activities being built on base, and this is part of the journey to get there. the key i want to focus on is a platform that enables quick, fast transactions. just like we moved from email to text, text to whatsapp, when we think about the opportunity now to have ustc on-base, it has enabled global and -- global payments nearly free. that is a new innovation that we are really excited to see how it is built and grown through our own platform, through our wallet platform, through sequencer fees, it also for other developers and companies looking to adopt these lower-cost rails. ed: our thanks to alesia haas, coinbase cfo, and sonali basak. should we look at some other news headlines? it is time for talking tech. microsoft is adding security chiefs to its products group after several serious cyber attacks. the software giant said it is adding deputy chief information security officers within its product groups, while declining to identify who those new officials are. plus, liv go

alesia: absolutely. with the demand of bitcoin etf's it's natural to then see the price go up. it's natural to see elevated activity. crypto has been headline driven over the last decade. what is exciting to us is we now have the material part of our revenue coming from non-trading activity. we have seen growth in our subscription and services through the downturn of 2023, through q1 where it was at 36% and we generated over $511 million of subscription services. and we are excited for the next wave of crypto adoption on chain. we are seeing the idea that we can now have base as alayer two do faster cheaper foundations giving the idea we might drive into payment. historically, speculative trading is very headline graven -- driven. but there is much more to crypto and we are excited about what we can do with our platform. sonali: ed ludlow joins us live from san francisco, the host of bloomberg technology. when you think about she was saying it's interesting. coinbase was up on the year so far, down on the day. how do you think about how the downturn in crypto ultimately impacts

for more eurovision updates we can speak now to alesia michelle, who is an eurovision blogger. that _ the final. yes, lots of other folk are having that two _ the final. yes, lots of other folk are having that two city - the final. yes, lots of other folk i are having that two city advantage of being in copenhagen and been able to cover what is happening in eurovision.— eurovision. this is your fifth eurovision, _ eurovision. this is your fifth eurovision, how _ eurovision. this is your fifth eurovision, how does i eurovision. this is your fifth eurovision, how does the i eurovision. this is your fifth - eurovision, how does the atmosphere compare to other years that you have attended? we have heard a lot of talk about the protests that have been going on, does it feel different? it been going on, does it feel different?— been going on, does it feel different? it definitely feels different- — different? it definitely feels different. i— different? it definitely feels different. ithink— different? it definitely feels different. i think when i different? it definitely feels diffe