News linked to both this project and an event.
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.