Coinbase CEO Brian Armstrong has rejected calls for a new AI self-regulatory body, arguing that existing laws already provide enough protection against harmful AI. His remarks came just a day after the crypto exchange disclosed that AI now writes over 95% of its code, more than twice the figure the company reported earlier in the […]
Coinbase CEO Brian Armstrong has said the exchange is investigating an AI-generated prediction market alert after the platform mistakenly sent users a “breaking news” notification of a supposed Norway 3-2 win against Brazil in the ongoing FIFA World Cup before the match had even kicked off at the MetLife Stadium. The flash news also showed […]
Open USD (OUSD) stablecoin has emerged as one of the crypto market’s biggest trending topics after the project drew attention with the announcement of a consortium-backed stablecoin initiative involving more than 140 companies. Developed by Open Standard, the stablecoin is expected to go live later this year. Open USD Frenzy According to the latest findings […]
Nearly one year after CNBC’s “Mad Money” host Jim Cramer grouped Palantir (PLTR), Applovin (APP), Robinhood (HOOD), and Coinbase (COIN) into the “PARC” basket, three of the four stocks have either fallen or gone nowhere. At the time, many in the industry felt that cross-stitching the four into one word meant that Cramer was feeling […]
The old saying – sell in May and go away – proved to be right once again for the cryptocurrency markets. It was just six weeks ago when bitcoin had evidently reclaimed the $80,000 level and even surged to a multi-month peak at almost $83,000. The sentiment was gradually improving and there were even calls […]
Coinbase plans to launch tokenized stock trading in August for customers outside the US, according to an announcement on Tuesday. Tokenized stocks will be backed 1:1 by the underlying asset and will represent “true equity ownership,” it stated. This includes dividend payouts and complete shareholder rights, alongside the “programmatic utility of the onchain economy.” Pre-IPO Perps […]
Coinbase CEO Brian Armstrong said the financial system still requires major upgrades, as he emphasized that significant technological innovation and policy work will be needed to achieve them. In a post on X, Armstrong flagged several areas where he believes the industry must evolve, including the tokenization of real-world assets (RWA), 24/7 global trading, stablecoin-powered […]
Coinbase reportedly spent approximately $7.6 million on personal security for CEO Brian Armstrong in 2025, a more than 20% increase from the year before. This is according to the company’s proxy filings cited in a report by Bloomberg, with the spending coming after physical attacks on crypto holders rose 75% last year. Per data from blockchain […]
The leading US-based cryptocurrency exchange warned its users that they may experience certain disruptions this weekend. The company has recently drawn significant attention after cutting staff and introducing a series of platform adjustments and other developments. Attention This Saturday Coinbase has scheduled a system upgrade for Saturday (May 23), which is estimated to last approximately […]
Coinbase announced that it is expanding support for USDC on Hyperliquid by becoming the official treasury deployer of USDC under Hyperliquid’s Aligned Quote Asset (AQA) framework. The company said the move aims to strengthen USDC’s position as the primary stablecoin used across on-chain capital markets. USDC Strengthens Grip on Hyperliquid In the latest press release, […]