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Coinbase has unveiled x402, a groundbreaking payments protocol that could redefine how artificial intelligence (AI) agents interact with the digital economy — not as tools, but as fully autonomous economic actors. Announced on May 6, the x402 protocol enables real-time stablecoin payments over standard internet communication protocols like HTTP. The innovation revives the long-dormant HTTP…
Coinbase CEO Brian Armstrong is pushing for swift action in Congress to pass critical stablecoin and market structure bills, hoping to see both become law before the August deadline. In a recent public statement, Armstrong emphasized the importance of advancing these legislative efforts amid the momentum generated by the FIT21 Act. The Financial Innovation and…
On May 15, Coinbase announced that it would be delisting the MOVE token, citing that it no longer meets the exchange’s listing standards. While Coinbase did not explicitly accuse Movement Labs of misconduct, the timing of the announcement follows a highly controversial $38 million token dump involving a now-terminated market maker, raising red flags for…
While Coinbase stopped short of directly citing manipulation as the reason, the exchange confirmed that MOVE no longer meets its listing criteria. The token has already been moved into limit-only mode, effectively limiting trading functionality ahead of the full suspension. At the center of the controversy is a $38 million token dump linked to a…
Uniswap (UNI) is facing heightened scrutiny from traders and analysts alike after a series of significant whale movements raised alarms about a potential sell-off. Over the past week, four wallets linked to the decentralized exchange (DEX) transferred a staggering 19.21 million UNI — worth roughly $102.7 million — to Coinbase Prime. Among these was a…
Coinbase is expanding its institutional offerings with the launch of the Coinbase Bitcoin Yield Fund (CBYF), a new investment vehicle aiming to deliver sustainable 4–8% annualized returns—paid directly in Bitcoin. Slated to go live on May 1, the fund is exclusively available to non-U.S. institutional investors, marking a strategic push into global crypto yield markets….
In a surprising move, Alabama’s Securities Commission recently decided to drop its enforcement action against cryptocurrency exchange Coinbase. This shift comes amidst growing momentum in Congress to create a legislative framework for digital assets, signaling a possible easing of state-level scrutiny on the crypto industry. The initial action, launched in June 2023, accused Coinbase of…
In a move aimed at bridging the gap between crypto regulation and real-world experience, Coinbase is urging the U.S. Office of Government Ethics (OGE) to lift the restriction preventing Securities and Exchange Commission (SEC) staff from holding cryptocurrencies. This push, led by Coinbase’s chief legal officer Paul Grewal, argues that a deep understanding of the…
A growing shift in Bitcoin ownership is underway, with sovereign wealth funds accumulating the asset just as retail investors are heading for the exits, according to a top Coinbase executive. John D’Agostino, head of strategy at Coinbase, recently told CNBC that the current market correction is revealing a new dynamic: sovereign entities and institutional players…
In a surprising twist to an already contentious legal landscape, the XRP cryptocurrency has been named as an unregistered security in a new lawsuit filed against Coinbase by Oregon Attorney General Dan Rayfield. This latest action once again puts Ripple’s digital asset at the center of a long-running regulatory debate—even after a federal judge ruled…