News linked to both this project and an event.
: Prediction market platform Polymarket has announced the establishment of the Polymarket Institute, dedicated to funding independent academic research on how prediction markets can replace traditional polling and forecasting models in large-scale scenarios. The institute is fully funded by Polymarket and operates internally within the company. Its Executive Director is Polymarket's Head of Data, Kai Brusch, and its Scientific Director is Brian Jabarian, Assistant Professor of Economics and Technology at Carnegie Mellon University. Research directions include information aggregation, risk management, and intersections with AI, policy, and crypto markets.
Coinbase 联合创始人兼 CEO Brian Armstrong 发文表示，两党已耗费数千小时推动 CLARITY 加密监管法案进入最后阶段，该法案具备强有力的消费者保护条款，并赋予执法部门打击不法行为者的工具，呼吁国会不再拖延、尽快投票。
: 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.
Odaily news The U.S. Securities and Exchange Commission (SEC) has agreed to pay $150,000 to resolve a Freedom of Information Act (FOIA) lawsuit concerning its records on the Ethereum investigation. According to a joint case status report filed on July 22, the SEC and the plaintiff, History Associates Inc., have reached a settlement and have requested the United States District Court for the District of Columbia to dismiss the case.Under the agreement, the SEC will continue to provide the remaining relevant documents and pay a fixed amount to cover the plaintiff's legal fees. The lawsuit was filed by History Associates in June 2024. This agency, commissioned by Coinbase, demanded the SEC disclose materials related to its regulatory investigation of Ethereum, including investigation files on Zachary Coburn and Enigma MPC, as well as records of regulatory discussions regarding Ethereum's transition from proof-of-work (PoW) to proof-of-stake (PoS).Previously, this lawsuit prompted the SEC to deliver thousands of documents. The court also ordered the SEC to prioritize providing internal communications sent, received, or reviewed by then-Chairman Gary Gensler regarding Ethereum's migration from PoW to PoS.During the case, the SEC sparked controversy for deleting some of Gensler's text message records. The SEC's Office of Inspector General previously disclosed that the agency accidentally deleted Gensler's text messages from October 2022 to September 2023. Subsequent documents revealed that the SEC also wiped data from 21 senior officials' phones.Coinbase CEO Brian Armstrong stated that the incident highlights transparency issues within government agencies during the crypto regulatory process and noted that the relevant lawsuits aim to promote public access to the basis for regulatory decisions. With the SEC completing the submission of the remaining documents, this lawsuit, which has lasted for over two years, will officially come to an end. (CoinDesk)
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.
Odaily News: Coinbase CEO Brian Armstrong stated that self-custody wallets are the only way to bring the open financial system to over 1 billion users. He pointed out that alternatives like the Coinbase App work well in developed countries with clearer regulations, but the U.S. only accounts for 4% of the global population. Armstrong noted that self-custody reduces friction in account opening and registration, is globally accessible, and scales via software, rather than requiring regulated entities and local teams in every country. He also added that AI agents adopting self-custody forms are better suited to access funds and complete tasks, and that even in developed nations, self-custody is crucial for economic freedom. Former Base lead Jesse Pollak previously announced his departure, handing over Base to Jordan Fish. Pollak stated that Base will be built as a global financial blockchain. Under Cobie's leadership, Base will pivot towards three core areas: trading, payments, and agents.
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).
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 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 posted on X platform, stating that Coinbase is proud to cooperate with law enforcement to assist in combating crime. Its investigation team identified an ongoing criminal activity and utilized blockchain forensics to track the criminals, ultimately leading to 5 convictions.
Brian Armstrong posted on platform X, stating that today's vote on the Clarity Act represents a significant opportunity to move the U.S. financial system forward.Previously, Galaxy Digital stated that seven Democratic members of the U.S. Senate Banking Committee could play a key role in advancing the CLARITY Act. The bill will now enter the committee review stage; if passed, it will be submitted for a full Senate vote.
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)
U.S. lawmakers have reached an agreement on stablecoin yield provisions, a point of contention that had stalled the Clarity Act in the Senate for months. Senators Tom Tillis and Angela Alsobrooks have finalized the text of the related compromise. Section 404 of the agreement stipulates that crypto companies cannot offer interest or returns that are economically or functionally equivalent to bank deposits, but allows for incentives related to the use of genuine platforms.Coinbase CEO Brian Armstrong stated that the Senate Banking Committee should be urged to deliberate on the bill as soon as possible. This development could provide momentum for what has been a long-stalled review process. (The Block)
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.