
Coinbase
American company that operates a cryptocurrency exchange platform
Activity
Connections

SpaceX's xAI Sells Data Center Capacity to Anthropic for $1.25B per Month
SpaceX's xAI subsidiary sold its entire Colossus I data center capacity to Anthropic for $1.25 billion per month. Elon Musk announced plans to seek more AI compute deals and develop orbital data centers as part of his broader expansion in AI infrastructure.

Wisconsin Sues Kalshi, Coinbase, Robinhood, and Others Over Sports Betting Contracts
Wisconsin has filed a lawsuit against several prediction market platforms, alleging violations of state gambling laws through their sports betting contracts. The case signals an intensifying regulatory challenge for digital betting services and could influence industry standards and compliance strategies.

Coinbase Warns Crypto Industry of Quantum Computing Threats to Blockchain Security
Coinbase's new paper warns that quantum computing could break current blockchain cryptography, prompting urgent security upgrades. The industry must act quickly to develop quantum-resistant systems to protect digital assets.

Coinbase Launches UK Crypto-Backed Loans Amid Evolving Regulations
Coinbase has launched USDC-backed loans for UK users, collateralized by Bitcoin, Ethereum, and cbETH. This expansion aligns with Britain's efforts to establish clearer crypto regulations and reflects Coinbase's proactive strategy in the UK market.

Kraken Under Extortion Threat Continues After Support Staff Data Incidents
Kraken reports a continued extortion attempt after insiders accessed customer data, with no system breaches. The exchange works with law enforcement and is upgrading security, highlighting ongoing industry risks.

Securitize Appoints Former SEC Official Brett Redfearn as President Ahead of IPO
Securitize has appointed Brett Redfearn, a former SEC official, as its new president in preparation for its upcoming IPO. The appointment aims to strengthen its platform and regulatory engagement as it prepares to go public.

Mastercard to Acquire Stablecoin Firm BVNK for Up to $1.8 Billion
Mastercard will acquire UK stablecoin startup BVNK for up to $1.8 billion. The deal strengthens Mastercard's role in stablecoin payments as crypto adoption grows.

Fannie Mae to Accept Cryptocurrency as Mortgage Collateral Through Coinbase and Better Home
Fannie Mae has announced that it will now accept cryptocurrencies as collateral for mortgage down payments, in partnership with Coinbase and Better Home & Finance. This initiative aims to make home ownership more accessible to crypto enthusiasts and digital asset holders.

Coinbase and Linux Foundation Launch X402 Protocol for Web Payments
Coinbase and the Linux Foundation debuted the X402 protocol to embed payments into web transactions using HTTP 402 status code. This development could revolutionize micropayments and machine-to-machine commerce online.

Fannie Mae Supports Crypto-Backed Mortgages in Partnership with Coinbase and Better Home
Fannie Mae now accepts cryptocurrency-backed home loans through partnerships with Coinbase and Better Home. This expands access for Americans to use crypto assets for down payments, potentially transforming mortgage lending.

U.S. Crypto Investors Remain Unaware of 2025 IRS Tax Rule Changes, Study Finds
New IRS rules requiring crypto sale reporting from 2025 have caught many investors off guard. A survey shows over 60% lack awareness, risking penalties and fines, with urgent need for better understanding and tools.

Crypto Forecasts: Floki Inu Could Hit $0.00024, Ethereum $9,889 by 2030
Analysts forecast that Floki Inu could reach $0.00024 and Ethereum $9,889 by 2030, based on current project developments and market trends. These forecasts highlight potential long-term growth but come with high volatility and uncertainty.

GameStop Moves Almost All Bitcoin to Coinbase for $368M, Pledges $325M as Collateral
GameStop has moved nearly all its Bitcoin holdings to Coinbase, earning $368 million through an options deal, and pledged $325 million as collateral. This marks a notable shift in the company's financial strategy amid revenue challenges.

Morgan Stanley Files for MSBT, Its First Spot Bitcoin ETF with $1M Seed Capital
Morgan Stanley has filed to launch MSBT, its spot Bitcoin ETF on NYSE Arca, backed by a $1 million seed capital. This move signifies a major U.S. bank's entry into cryptocurrency ETFs, potentially boosting institutional Bitcoin demand significantly.

Sam Altman’s World Launches AgentKit to Human-Verify AI Agents via Coinbase Protocol
Sam Altman’s World has launched AgentKit, leveraging Coinbase’s protocol to human-verify AI agents in digital transactions. This advancement enhances trust in AI commerce expected to reach trillions by 2030, shaping future online interactions.

Bitcoin Advocates Clash with Coinbase Over Crypto Tax Exemption on Capitol Hill
A controversy unfolds as Bitcoin advocates accuse Coinbase of opposing Bitcoin tax exemptions, which Coinbase denies. The debate centers on proposed tax rules favoring stablecoins, impacting the future of Bitcoin's routine transaction use.

Bitcoin and AI Converge: New Opportunities for Payment Innovation and Industry Transformation
Bitcoin Magazine suggests that Bitcoin has a significant opportunity to integrate with AI agents to boost the payments ecosystem. Fortune underscores the potential for AI and crypto to fundamentally transform the payments industry, though mainstream adoption still appears nascent. Together, these articles point to a promising but still developing frontier in financial technology.

Aon Pilots Stablecoin Payments for Insurance Premiums with Paxos and Coinbase
Aon is testing stablecoin payments for insurance premiums in collaboration with Paxos and Coinbase. This pilot aims to explore new digital payment avenues in the insurance industry.

Coinbase Launches Regulated Bitcoin and Crypto Futures Across Europe
Coinbase has launched regulated Bitcoin and Ethereum futures across 26 European countries, expanding its derivatives market presence. The platform also introduced 10x leveraged Bitcoin contracts tailored for European traders, amidst a challenging regulatory environment.

Ripple CEO Supports Trump's Push for Crypto Clarity; Bitcoin and XRP Rise on Social Media Boost
Ripple's CEO backs Trump's effort to pass the Clarity Act, aiming for clearer crypto regulations. Simultaneously, major cryptocurrencies like Bitcoin and XRP are rising, driven by Trump's social media comments, signaling renewed investor confidence.