Block, the financial technology company founded by Jack Dorsey, has announced its support for x402, an open payment standard that aims to facilitate commerce for artificial intelligence (AI) agents. This move positions Block alongside other major technology firms like Google…
Reports mentioning Coinbase
A Brooklyn resident has been sentenced to 12 years in federal prison for his central role in a large-scale cryptocurrency phishing operation that defrauded approximately 100 individuals across the United States of $16 million.
Coinbase, a leading cryptocurrency exchange managing assets valued in the hundreds of billions of dollars, is proactively developing its Bitcoin custody infrastructure to mitigate the future threat posed by quantum computing.
Microsoft announced on Tuesday the successful takedown of the EvilTokens device code phishing service, a sophisticated operation that utilized artificial intelligence (AI) at every stage of its attack chain. This action, authorized by the U.S. District Court for the Eastern…
Australia's Treasury has identified artificial intelligence (AI) as one of five significant transitions poised to reshape the nation's economy over the next four decades. This long-term economic outlook, released this week, highlights AI's transformative potential across various sectors.
The next wave of cryptocurrency adoption, potentially bringing in a billion new users, may be driven by artificial intelligence (AI) agents making payments using stablecoins. This perspective comes from Coinbase's head of AI product, who likens the current state…
The Sandbox, a prominent metaverse and Web3 gaming platform, announced on May 29, 2024, that it had disabled bridging functionality on the Base and BNB Chain networks. This decisive action was taken in response to a security exploit that compromised…
Coinbase's Base, a layer-2 Ethereum scaling solution, has announced the launch of a new startup accelerator program with a significant focus on artificial intelligence (AI) agents. The accelerator will provide $100,000 in funding to selected startups, aiming to foster innovation…
Coinbase, Block, BitGo, and dozens of other Bitcoin and cryptocurrency companies have jointly petitioned leading artificial intelligence laboratories to reconsider the safety guardrails implemented on their most advanced AI models.
Coinbase CEO Brian Armstrong has characterized the trend of cryptocurrency firms pivoting their focus towards artificial intelligence as "zero-sum" thinking, asserting that the underlying infrastructure of cryptocurrency is essential for the future development and operation of AI.
Coinbase CEO Brian Armstrong has publicly criticized cryptocurrency startups that are rebranding themselves as artificial intelligence (AI) companies, arguing that this trend misrepresents the foundational role of blockchain technology. Armstrong stated in a series of posts on X (formerly Twitter)…
Coinbase CEO Brian Armstrong articulated a vision for "agentic finance," asserting that artificial intelligence agents will be a primary driver for expanding cryptocurrency adoption. Armstrong specifically pointed to three key components within this emerging ecosystem: Base, the Ethereum Layer-2 blockchain…
Coinbase introduced a new capability enabling businesses to accept payments in USD Coin (USDC) directly from autonomous AI agents. This move marks a significant step in building financial infrastructure tailored for the emerging ecosystem of artificial intelligence agents.
Coinbase announced this week that its corporate customers, operating under Coinbase Business, can now receive payments directly from artificial intelligence agents. This new capability is facilitated by the x402 protocol, which was developed and incubated by Coinbase.
BlackRock, Coinbase, and seven other prominent institutional players in the Bitcoin ecosystem have collectively pledged $15 million to fund research and development aimed at securing the Bitcoin network against future quantum computing threats.
BlackRock, Coinbase, and a consortium of other financial and technology firms have pledged a combined $15 million to fund research and development aimed at securing Bitcoin against future quantum computing threats.
Coinbase has achieved a significant milestone in its adoption of artificial intelligence for software development, with over 95% of its codebase now being written with AI assistance. This advancement was disclosed by Rob Witoff, a representative from Coinbase, who emphasized…
Coinbase updated its internal systems this week after an artificial intelligence-generated alert incorrectly predicted the outcome of the Norway-Brazil World Cup match. The AI alert was issued before the match had even started, indicating a significant hallucination within the system.
Coinbase's artificial intelligence tool generated a prediction for the 2022 FIFA World Cup final between Argentina and France before the match had started, leading to significant backlash. The AI, integrated into the Coinbase app, suggested Argentina would win 2-1…
Leaders from prominent companies including NBCUniversal, IBM, State Farm, Autodesk, and Coinbase convened at the Cannes Lions International Festival of Creativity to discuss prevailing trends in marketing, technology, and consumer engagement.