News linked to both this project and an event.
Coinbase has released its Ethereum validator performance report for the first quarter of 2026. Data shows that its validators have staked a total of 4.5 million ETH, accounting for 12.17% of the total ETH staked across the Ethereum network. Coinbase stated it is committed to not exceeding a 30% validator penetration rate on the Ethereum network.The report indicates that Coinbase validators are deployed across five regions: Germany, Hong Kong (China), Ireland, Japan, and Singapore. In Q1 2026, the average online rate reached 99.98%, higher than the network-wide average of 99.77%.Additionally, Coinbase stated that its validators have not experienced any slashing or double-signing events since launch. It currently utilizes two consensus layer clients, Lighthouse and Prysm, along with three execution layer clients: Geth, Nethermind, and Reth.
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.
despite Coinbase's weak first-quarter performance, Benchmark has maintained its 'Buy' rating on the stock and raised its price target from $260 to $270.Coinbase reported a net loss of $394 million in the first quarter, with revenue of $755.8 million falling short of market expectations; Adjusted EBITDA was $303.3 million, a significant decline from $929.9 million in the same period last year. Following the earnings release, its share price briefly fell by about 6%.Benchmark believes Coinbase is transitioning from a crypto exchange reliant on market cycles into a core infrastructure platform for the 'on-chain economy.' Its business layout now spans multiple areas, including stablecoins, crypto derivatives, tokenization, DeFi, payments, prediction markets, and AI-native commerce.Previously, Rosenblatt Securities and Bernstein also maintained positive ratings on Coinbase, indicating that some institutions remain optimistic about its long-term platform transformation.
Coinbase announced the expansion of its on-chain crypto-backed lending product, adding Solana as a supported collateral asset. Users can now borrow up to $100,000 in liquidity based on their SOL holdings. The service operates on the Morpho lending infrastructure deployed on the Base network, consistent with the structure of previously supported loans backed by Bitcoin, Ethereum, and other crypto assets.Ben Shen, Head of Financial Services at Coinbase, stated that introducing SOL as a collateral asset will enhance capital efficiency and the liquidity experience for users within the Solana ecosystem, while strengthening its "Everything Exchange" strategy—covering more crypto financial scenarios through a single platform. (The Block)
Coinbase, a cryptocurrency trading platform, has disclosed in a technical sharing session that its internal multi-agent development tool "Mux" is reshaping software engineering workflows, transitioning the engineer's role from traditional code implementers to task orchestrators for AI agents.With the widespread internal adoption of AI programming tools such as Cursor, Copilot, OpenCode, and Claude Code, code generation efficiency has significantly improved. However, development workflows have long remained stuck in a traditional "single-task, single-branch, sequential execution" mode, creating a new collaboration bottleneck.Mux was born as an internal tool against this backdrop. By assigning each AI agent an independent git worktree, branch, and terminal environment, the system enables parallel multi-task development and conflict-free collaboration, allowing engineers to simultaneously direct multiple agents to handle tasks such as API development, test writing, vulnerability fixes, and code refactoring.Data shows that as of April 2026, Mux has covered over 600 users within Coinbase (including engineers, product managers, and designers), with 335 actively using it and 197 being high-frequency users. It has facilitated over 5,000 PR merges across 461 code repositories and 10 organizations. Engineers using Mux achieved an average of 39.6 PR merges, approximately 3.5 times the baseline of 11.4.Coinbase stated that Mux's success relies on its internal infrastructure capabilities, including an LLM Gateway, secure model access, and a code flow deployment system, enabling deep integration of multi-agent tools into real development workflows. This trend marks a structural shift in the software engineering paradigm: as AI reduces the cost of code generation, the core value of engineers is transitioning from "implementation capability" to "problem definition and agent orchestration capability."
AI character economy platform Charms Interactive has announced the completion of a $1.5 million pre-seed funding round, with participation from Lattice, JME, Coinbase Ventures (Base Ecosystem Fund), Gidorah (Echo), and others. Charms has simultaneously launched its product, Charms.ai, aiming to upgrade "AI characters" from application features to tradable, ownable, and sustainable on-chain economic assets. (Decrypt)
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, the U.S. Senate Committee on Banking has released an updated 309-page version of the Clarity Act, scheduled for review and vote later this week. The new text includes language restricting stablecoin rewards and incorporates provisions from the Blockchain Regulatory Certainty Act, clarifying that non-custodial developers are not considered money transmitters. Coinbase—which had previously withdrawn its support due to controversy over the stablecoin rewards provision—has now reversed its position and endorsed the bill; however, banking industry groups still deem the restrictions insufficient. Meanwhile, the bill still lacks ethics-related provisions targeting digital asset-related benefits received by the President and other federal officials. Democratic lawmakers have stated that, absent such compromises, the bill is unlikely to gain their support.
According to The Block, Rob Nichols, CEO of the American Bankers Association (ABA), sent a letter to senior bank executives on Sunday evening urging them to contact U.S. Senators and call for further tightening of provisions related to stablecoin rewards ahead of the Senate Banking Committee’s markup vote scheduled for Thursday. Nichols warned that the current draft fails to effectively prevent crypto firms from offering users “interest-like rewards,” which could trigger massive outflows of bank deposits and threaten economic growth and financial stability. The current draft was negotiated by Senators Angela Alsobrooks and Thom Tillis. It prohibits paying users interest or returns for holding stablecoins but permits rewards tied to genuine activity or transactions—a provision supported by Coinbase. Banking industry groups contend that these exceptions contain loopholes that could be circumvented, and on May 8, they jointly wrote to Committee Chairman Tim Scott and Democrat Elizabeth Warren, requesting technical revisions to the language of the provision.
Odaily Planet Daily reported that Galaxy Digital stated that 7 Democratic senators on the U.S. Senate Banking Committee may play a crucial role in advancing the CLARITY Act. The bill will enter committee review this Thursday; if it passes, it will be submitted for a full vote in the Senate.Galaxy listed Ruben Gallego and Angela Alsobrooks as "pro-crypto framework" senators, and considers Mark Warner, Catherine Cortez Masto, Andy Kim, and Raphael Warnock as "negotiable," potentially supporting the bill after the inclusion of additional anti-money laundering and risk control provisions.The report noted that the Senate Banking Committee has 24 members, consisting of 13 Republicans and 11 Democrats. The bill needs at least a majority of support to proceed to the next stage. Coinbase's policy head previously stated that the CLARITY Act ultimately needs at least 60 votes and bipartisan support to become law. (Cointelegraph)
major US-based crypto exchanges Coinbase, Kraken, and Gemini are pushing for amendments to the Senate's crypto market structure bill, seeking to delete or relax the listing restrictions on 'digital assets susceptible to manipulation.' The original clause requires trading platforms to only list digital assets that are 'not easily manipulated.' The industry is concerned that this standard could limit the ability of small-cap tokens to be listed on exchanges, thereby impacting liquidity and market development.According to sources, the exchanges submitted revision proposals to the Senate Agriculture Committee earlier this year, suggesting the removal of the relevant restrictive language and emphasizing that the current wording could create a 'listing barrier' for small-cap crypto assets. Under the bill's design, the U.S. Commodity Futures Trading Commission (CFTC) would gain broader regulatory authority over digital commodity markets in the future, adopting a 'self-certification' mechanism used in traditional commodity markets, which requires exchanges to confirm that a product is not easily manipulated before it can be listed.However, the crypto industry believes that digital assets have structural differences from traditional commodity derivatives, making it unreasonable to simply apply existing standards, which could stifle innovation and market access. A source noted that the current direction of revisions is seen as a 'clear push for regulatory easing.' A Coinbase policy executive stated that the industry supports stronger regulatory and anti-fraud frameworks but opposes directly transplanting standards unsuitable for spot markets, as it would affect market liquidity and consumer participation. It is understood that the bill is still in the negotiation phase between two Senate committees and is expected to undergo further adjustments before being formally submitted for a full floor vote. (Politico)
CoinMarketCap’s April 2026 Exchange Monthly Report shows that the total trading volume across the 12 tracked cryptocurrency exchanges amounted to $4.50 trillion, with Binance holding a 36.23% market share. Overall derivatives trading volume was 5.38 times that of spot trading, and the combined proof-of-reserves across eight exchanges totaled $220.07 billion. The report also notes that Coinbase surpassed Binance in BTC spot order book depth within ±2%, becoming the exchange with the deepest liquidity; for ETH spot liquidity, Binance remains the leader. On the regulatory front, Binance is advancing its MiCA authorization application in Greece, while Gemini completed its withdrawal from the UK, EEA, and Australian markets on April 6.
Coinbase stated that, at approximately 8:00 a.m. Beijing Time on May 8, its systems detected elevated error rates across multiple services. The issue was subsequently traced to AWS’s US-EAST-1 Region Availability Zone use1-az4. Although Coinbase’s systems were originally designed to recover from failures in a single availability zone, this incident affected multiple availability zones, resulting in an extended outage of core trading services. The primary issues have now been fully resolved. The team will conduct a comprehensive postmortem analysis and provide further updates once AWS releases its official post-incident report.
According to Bloomberg, while crypto-native companies such as Coinbase continue large-scale layoffs amid a broader industry downturn, traditional financial institutions—including JPMorgan Chase and BlackRock—have recently posted dozens of digital asset–related job openings, standing out as a bright spot in the current crypto job market. Analysts note that having experience working on Wall Street has become a key advantage for crypto professionals seeking to maintain their employability during this industry downturn.
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.
, Coinbase Vice President of US Policy Kara Calvert stated at the Consensus 2026 conference that the CLARITY crypto market structure bill could be reviewed by the US Senate Banking Committee as early as next week. Kara Calvert noted that the bill requires at least 60 votes to pass in the Senate, and parties are currently working to secure bipartisan support.A HarrisX survey shows that 70% of voters believe the US should enact clear cryptocurrency legislation. Additionally, Kara Calvert believes that the lack of a cohesive tax policy is a major barrier to institutional adoption of cryptocurrencies, as current tax rules require crypto exchanges to record transactions as small as $1. She expressed hope that tax reform legislation could make progress in 2026 and predicted that the House of Representatives might take action on related legislation within the next month or two.
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.
According to The Block, Amazon Web Services (AWS) has partnered with Coinbase and Stripe to launch Amazon Bedrock AgentCore Payments, enabling AI agents to conduct transactions using stablecoins. Coinbase stated that developers can build “agent-based payment” solutions using the x402 protocol, allowing AI agents to make micro-payments in USDC. This feature enables AI agents to instantly pay for web content, APIs, MCP servers, and other agents. AWS noted that developers can choose between Coinbase and Stripe wallets and fund those wallets using either stablecoins or fiat currency.
: Stripe officially announced a partnership with Amazon Web Services (AWS) to provide AI Agent payment capabilities for Amazon Bedrock AgentCore. AWS launched the AgentCore Payments feature on the same day, allowing AI Agents to instantly access and pay for web content, APIs, MCP servers, and other AI Agent service fees. Among them, Privy (a Stripe-owned company) will collaborate with Coinbase to provide wallet infrastructure and payment channels, supporting the initial stablecoin payment capabilities for AgentCore.
According to an official announcement, Coinbase will launch KAIO (KAIO) perpetual contract trading today. The KAIO-PERP market will open immediately if liquidity conditions are met and the trading region supports such trading.