News linked to both this project and an event.
: Coinbase CEO Brian Armstrong posted on X platform on July 27, urging the U.S. Senate to advance the vote on the CLARITY Act, stating that the bill was formed through years of bipartisan negotiations. Armstrong stated that the CLARITY Act would strengthen law enforcement powers, introduce new consumer protections, and provide a federal regulatory framework for the digital asset industry. He noted that there are currently no federal laws in the U.S. that protect consumers or support the development of the industry within the country. On July 22, U.S. Senate Republicans released an updated version of the CLARITY Act text, covering disclosure standards, registration requirements, anti-fraud provisions, and expanded anti-money laundering obligations for digital asset market participants. BlackRock, Fidelity Investments, Charles Schwab, and Goldman Sachs CEO David Solomon have expressed support for the bill.
on July 27 that during an interview with crypto KOL Ansem, Coinbase CEO Brian Armstrong stated that the crash of related Meme coins triggered by his change of X avatar was a complete misjudgment of the community's reaction. He described it as a "wake-up call" and said he will try to communicate expectations more clearly in the future.Previously, the Meme coin Brain attracted market attention because it adopted the native B20 token standard introduced by the Base chain's Beryl upgrade, and its token name was derived from Brian Armstrong. After Brian Armstrong briefly changed his X avatar to match the coin's icon, the community speculated, driving up trading activity.Later, when Brian Armstrong changed his X avatar again, Brain faced massive sell-offs and gradually collapsed to zero, sparking controversy within the community.
Brian Armstrong posted on platform X, stating that the number of tradable assets on Coinbase Advanced far exceeds external perception, and users can now view its newly launched market dashboard.
U.S. Senate Republicans on Wednesday released a 616-page draft of the new Clarity Act, a significant legislative development in Congress's efforts to comprehensively regulate the digital asset industry. The crypto industry widely welcomed the draft, noting it retains protections for software developers and is expected to provide long-missing regulatory clarity for the U.S. digital asset market.Crypto Council for Innovation CEO Ji Hun Kim stated that bipartisan support is "critical" for the bill's passage. Solana Policy Institute CEO Miller Whitehouse-Levine called on Congress to seize the opportunity, while Coinbase CEO Brian Armstrong remarked that the lack of a federal regulatory framework had previously allowed bad actors like FTX to harm consumers and forced a substantial amount of crypto business to move overseas.However, several Senate Democrats quickly voiced opposition, arguing that the ethics provisions in the new text addressing conflicts of interest related to Trump's crypto assets are too weak. Senator Angela Alsobrooks stated that the current proposal put forward by Republicans is still "not enough," and that provisions concerning elected officials' ethics, consumer protection, illicit finance, conflicts of interest, and market integrity all require strengthening.
Coinbase CEO Brian Armstrong has responded to recent controversy surrounding his X account profile picture change and claims that the Base community is "unsupported." He thanked the community for their feedback and acknowledged that his previous communication regarding expectations was not clear enough. Users should not interpret the content of his personal X account as investment advice or signals for individual tokens. He stated that he simply shares internet content he finds interesting or amusing, and may not even be aware whether such content is associated with any particular token or project. He pointed out that his tweets and profile picture changes do not represent endorsements of or commitments to any project.Regarding support for the Base ecosystem, Brian Armstrong explained that Base aims to build financial services infrastructure, supporting various application scenarios including stock tokenization, lending protocols, stablecoin payments, and Meme coin trading. Coinbase supports users in freely trading assets but will not use its official influence to "pump" or promote specific tokens. Both Coinbase and the Base team are indeed subject to compliance and regulatory restrictions, preventing them from listing certain tokens on the centralized exchange and from marketing specific projects at the community's request.Base currently supports ecosystem development primarily through offline Base Batches events, developer grant programs, and investments from Coinbase Ventures and the Base Ecosystem Fund. Additionally, based on long-term user value assessment, Coinbase may integrate certain Base ecosystem DeFi protocols into its own products to help projects expand distribution.Brian Armstrong stated that Coinbase will continue to prioritize projects capable of creating long-term user value in the future, and expressed hope that this clarification will help the community set clearer expectations. He added that he may still continue to post Meme content he finds interesting, but such content will not constitute investment advice.
According to Fortune, Airbnb co-founder and CEO Brian Chesky's X account was hacked this Monday, and the account posted a series of AI-generated tweets about "real-world asset tokenization." The relevant posts were subsequently deleted. According to analysis by AI detection tool Pangram, the content was flagged as 100% AI-generated, and users characterized it as "AI slop" (AI garbage content). The incident was labeled as a "high-profile account intrusion" and reported to the X platform security team. X completed account security handling on Tuesday evening, and Chesky subsequently regained control of the account. Airbnb declined to comment publicly.
as the 25-day quiet period following SpaceX's (SPCX) June IPO comes to an end, Wall Street analysts have begun releasing formal research reports. Multiple major brokerages have issued favorable ratings, indicating institutional investors remain optimistic about the company's long-term growth potential.As IPO underwriters, both Goldman Sachs and Morgan Stanley have assigned buy-equivalent ratings to SpaceX. Goldman Sachs analyst Eric Sheridan set a price target of $205, while Morgan Stanley analyst Adam Jonas gave a target of $300. Additionally, institutions such as Bank of America, Citigroup, Deutsche Bank, JPMorgan, and UBS have also initiated coverage with buy or equivalent ratings. Among them, Raymond James Financial provided the most optimistic forecast; analyst Brian Gesuale initiated coverage of SpaceX with a "Strong Buy" rating and a price target as high as $800, believing SpaceX will become "one of the most representative industrial infrastructure companies of the 21st century."Analysis suggests that market optimism towards SpaceX is primarily based on its布局 (layout/foundation) in areas such as rocket launches, Starlink satellite internet, and government contracts. At the same time, the company's communications business can provide a sustainable source of revenue and support future expansion of launch scale.As of March 31, 2026, SpaceX holds 18,712 Bitcoins. Wall Street believes that the concentrated coverage following the end of the IPO quiet period provides a window for institutional investors to conduct their first systematic assessment of SpaceX's valuation. The fact that nearly all major institutions simultaneously issued positive ratings is relatively rare for large-scale IPOs. (CoinDesk)
Coinbase sent an AI-generated news alert claiming the Norwegian national football team had defeated Brazil 3-2 before the World Cup match had even started. CEO Brian Armstrong has launched an investigation, and Coinbase stated that updates have been implemented to prevent future instances of inaccurate AI-generated information. The error comes as Coinbase is advancing its prediction market and "everything exchange" features, including an AI advisor and stock options. (CoinDesk).
Coinbase released a monthly review on July 1, stating that in the first half of the year, it advanced its product layout around the strategy of "every asset, every market, one platform," covering tokenized stocks, pre-IPO perpetual contracts, stock options, crypto options, stock index perpetual futures, AI tools, payments, stablecoins, and on-chain infrastructure. Coinbase stated that the tokenized stocks are 1:1 backed shares of US companies, expected to include dividends, on-chain trading, holding, and redemption functions, and are not available to US persons. Coinbase also noted that its pre-IPO perpetual contracts will start with SpaceX and then expand to OpenAI and Anthropic, and will offer crypto options through integration with Deribit. Coinbase CEO Brian Armstrong said on July 3 that Coinbase is one of the companies with the highest level of AI application globally. Coinbase also stated that it has launched a direct INR on-ramp in India, become the official deployer of the USDC treasury wallet for Hyperliquid, partnered with Ethena across over $50 billion in assets, and mentioned transferring approximately $4.4 billion USDC to the Hyperliquid deployer. (Bitcoin.com News).
Brian Armstrong posted on X platform, stating that the U.S. Constitution is the most important political innovation in history, but it lacks two crucial elements: a cap on government spending growth and a requirement for a hard asset-backed currency. Without these two elements, every democracy tends toward more debt and eventually loses its reserve currency status, as seen in The Changing World Order. The U.S. national debt stands at $39 trillion and is increasing by approximately $1 trillion every 100 days. Currently, interest payments have exceeded the defense budget, and the existing mechanisms cannot stop this trend. Politicians get elected by promising free benefits funded by other people's money. Some voters benefit in the short term, while the negative impacts of spending are borne by future generations who have no voting rights. The incentive structure is already broken. Solutions include drafting new constitutions in frontier areas such as Mars, special economic zones, and cyberspace; adjusting incentive structures in existing systems through amendments, though this is politically challenging; or outpacing inflation through ultra-high economic growth driven by AI, robotics, and cryptocurrency.
Brian Armstrong posted on the X platform, stating that Coinbase now includes pre-IPO perpetual contracts, stock options, and will soon support tokenized stocks. Coinbase has also redesigned Coinbase Advanced and has begun integrating global liquidity between US and international users, as well as between Coinbase and Deribit users. CoinbaseDev is providing stablecoin payment capabilities for enterprises, launching fully managed accounts based on its compliance technology stack, and introducing a new developer tools dashboard. On the Base side, Coinbase announced the launch of private transactions and a web-based Base App. Coinbase is also becoming the financial account for AI, supporting wallets for AI agents, providing AI-driven financial advice, and connecting Coinbase accounts to users' commonly used LLMs.
Odaily AI-driven anti-fraud infrastructure provider InfoHawk has announced the completion of a $2.25 million Pre-Seed funding round, led by Moonshots Capital, with participation from former U.S. Federal Trade Commission Chairman Jon Leibowitz, AppNexus founder Brian O'Kelley, former Meta advertising executive Rob Goldman, GitHub CTO Vlad Fedorov, and others. The new funds will be used to support the company's application of AI content recognition and deep infrastructure analysis technology to help enterprises detect, analyze, and combat large-scale online fraud, phishing sites, brand impersonation, and Deepfake attacks. (PRNewswire)
Odaily News: Prediction market platform Polymarket's Chief Marketing Officer, Matthew Modabber, was reportedly found to have paid content creators at least $350,000 through his personal PayPal account between January 2025 and February 2026, to promote Polymarket and its prediction market data.Reports indicate that Modabber transferred over $2.5 million to more than 800 individuals over 14 months. According to a Politico investigation, at least 20 influencers who received payments subsequently posted approximately 490 pieces of content related to Polymarket on social media platform X, with the majority failing to clearly disclose the paid partnership.Creators involved include conservative commentator Alex LoRusso, political commentator Brian Krassenstein, and Fox News contributor Riley Gaines. The related posts often described Polymarket's odds changes as "BREAKING" news or event bellwethers, aiming to reinforce the public perception of the platform's predictive accuracy.A Polymarket spokesperson responded that collaborating with content creators is a standard marketing strategy for the company, intended to provide global users with "the most accurate, transparent, and data-driven market insights." However, the company did not address questions regarding why personal accounts were used for payments or whether the related promotions complied with disclosure requirements.The report notes that following Trump's election victory, interest in prediction markets surged, and Polymarket's trading volume grew rapidly. As the platform seeks to re-enter the U.S. market, it is expanding its brand influence through social media and opinion leaders, while also facing scrutiny over information disclosure, market influence, and regulatory compliance. (Politico)
Coinbase CEO Brian Armstrong posted on X platform, stating that the financial system still requires updates in areas including real-world asset tokenization, 24/7 global trading, next-generation payments, AI-driven risk, credit, compliance, and advisory services, innovation-friendly regulation, expanded access, and capital formation. These include bringing assets such as real estate, stocks, bonds, and funds onto the blockchain to achieve instant settlement, fractional ownership, and mass distribution; enabling near-instant, low-cost global transfers through stablecoins; reducing intermediaries via open protocols, and expanding financial access for smartphone users through self-custody wallets. Until these capabilities are available to everyone, the work remains unfinished and requires significant technological innovation and policy efforts.
Coinbase CEO Brian Armstrong stated that the "CLARITY Act" is "closer than ever" to advancing toward passage.Brian Armstrong noted that the bill would make the US financial system faster, cheaper, and more inclusive, helping the United States maintain its leadership in the competition for the next-generation global financial system.He also expressed gratitude to US Senate staff and the 3.7 million Stand With Crypto supporters, stating that these groups have driven the bill to its current stage.
Odaily Coinbase CEO Brian Armstrong plans to meet with U.S. Republican senators this Wednesday, on the eve of a key committee vote on the CLARITY Act scheduled for Thursday by the Senate Banking Committee.Reports indicate the latest draft of the bill exceeds 300 pages, covering mechanisms for stablecoin reward programs, DeFi protection clauses, and federal regulatory standards for digital assets. Previously, Coinbase had withdrawn its support for the bill due to restrictions on stablecoin yield and DeFi protections. However, after revisions driven by Senators Thom Tillis and Angela Alsobrooks, Armstrong has recently softened his stance, stating the industry "didn't get everything it wanted, but the core demands were preserved."Currently, U.S. banking organizations continue to lobby for tighter stablecoin provisions, while some Democratic lawmakers are demanding the inclusion of conflict-of-interest clauses to restrict government officials from engaging in crypto-related business. Market participants are closely watching the outcome of this week's committee deliberations, which could determine whether the first comprehensive U.S. crypto regulatory framework can advance toward enactment by the end of 2026. (FinanceFeeds)
According to The Block, Coinbase reported its Q1 2026 financial results, posting a net loss of $394 million, including a $482 million loss from holding crypto assets. Total revenue for the quarter stood at $1.41 billion, down 31% year-on-year; trading revenue fell 40% year-on-year to $756 million; subscription and services revenue declined 14% to $584 million; stablecoin revenue rose 11% year-on-year to $305 million—marking逆势 growth. Adjusted EBITDA amounted to $303 million, a sharp decline from $930 million in the same period last year. CEO Brian Armstrong stated that the company is transforming from a spot crypto platform into a comprehensive platform supporting diverse asset classes—including derivatives, commodities, futures, and prediction markets—and emphasized that on-chain economic fundamentals remain strong. Following the earnings release, Coinbase’s stock fell approximately 6% after hours to $182.
according to its Q1 2026 financial results, impacted by declining crypto asset prices and reduced trading activity, the company recorded a net loss of $394.1 million for the quarter, which included a $482 million loss on digital assets held for investment purposes. Total revenue was $1.41 billion, down 31% year-over-year; transaction revenue was $756 million, down 40% year-over-year. Subscription and services revenue reached $584 million.CEO Brian Armstrong stated that the company is transitioning from a spot crypto platform to a multi-asset platform encompassing derivatives, commodities, futures, and prediction market contracts. Additionally, stablecoin-related revenue grew 11% to $305 million, and its global crypto trading market share stood at 8.6%. Following the earnings release, the company's shares fell approximately 6% in after-hours trading.
Coinbase CEO Brian Armstrong responded to U.S. Treasury Secretary Scott Bessent’s call for the passage of the “Clarity for Digital Assets Markets Act” (CLARITY Act), expressing agreement and gratitude for his advocacy. Armstrong emphasized that bipartisan collaboration between senators and staff over the past several months has significantly strengthened the bill. Earlier, the U.S. Treasury Secretary urged Congress to swiftly pass the CLARITY Act.