News linked to both this project and an event.
Odaily News: Brian Armstrong posted on X platform stating that another feature for AI agents has been launched. The first use case is Travala, where users can use common large language models to book over 2 million properties on Base using USDC. He expressed excitement to see more enterprises building on this foundation with AWS AgentCore and opening their services to the newest and fastest-growing consumer segment.
According to Decrypt, Coinbase announced the official launch of perpetual futures trading in the Base App via Hyperliquid integration. Eligible users can access up to 50x leverage across over 290 perpetual contract markets, including BTC, ETH, tokenized stocks, and commodities. Coinbase Head of Engineering Chintan Turakhia noted that perpetual contracts constitute approximately 75% of current crypto trading volume and are the most requested feature among high-frequency Base App users.
: Base announced the launch of the Batches 004 accelerator program, which will select 10 startups over an 8-week program, with each receiving $100,000 in investment funded by the Base Ecosystem Fund. Applications close on September 9, and the program will hold Demo Day in New York in November. This round is aimed at pre-seed startups focused on trading, payments, funding, and AI agents, covering products that use stablecoins to support agent shopping, trading, and payments, as well as lending, e-commerce, and decentralized AI infrastructure. Teams may support multiple blockchains but must have Base as their primary network. Selected teams will receive dedicated advisors, weekly support, and exposure assistance within the Base ecosystem, and will present their projects to investors at Demo Day. Coinbase launched Agentic Wallets on Base in February and Coinbase for Agents in June, which respectively enable AI agents to hold USDC and pay via the x402 protocol, and to directly connect to user accounts. (Decrypt)
Odaily News: Cryptocurrency exchange Coinbase's x402 payment protocol has processed approximately 14 million AI agent transfers over the past 30 days, with the Base network handling 7.3 million transfers and the Polygon network processing 5.6 million. USDC covers nearly all of these transfers. x402 utilizes the HTTP 402 "Payment Required" mechanism, enabling software to automatically request and complete payments. Coinbase has expanded its related payment services to the Base, Solana, and Polygon networks, supporting USDC as the settlement asset. In July, Coinbase launched Coinbase Business, allowing enterprises to directly receive USDC payments from AI agents, with support for payment collection, reconciliation, and withdrawals. Coinbase has described agent payments as one of its "high-conviction bets." (Bitcoin.com News)
Odaily News: Sheldon Lee, founder of cryptocurrency exchange BitMart, stated that a post on X claiming users were unable to withdraw funds and that some employees had not received their July salaries is a "fabricated rumor," adding that the exchange's Chinese-language account had been hacked. Critics, including users and on-chain investigator ZachXBT, have demanded that BitMart resume withdrawals or undergo an independent third-party audit. BitMart is gradually winding down operations, with the final trading day set for August 26. Troubled investment firm Echo Base said it had proposed a funded restructuring plan to BitMart but received no response. The firm warned that resolving a large volume of customer claims may require proceedings through the courts. (CoinDesk)
Odaily News: Coinbase has announced that it will stop supporting USDC deposits and withdrawals on the Noble network as of August 17. USDC deposits and withdrawals on other supported networks, including Ethereum, Base, Solana, Arbitrum, Optimism, and Polygon, remain unaffected. Coinbase reminds users not to transfer funds to its Noble network USDC deposit address after August 17, as such funds may be irretrievable.
Odaily News: The U.S. Securities and Exchange Commission (SEC) plans to unveil two crypto-related initiatives in the coming days, while Congress's CLARITY Act remains stalled at least until September. The SEC is expected to propose "Regulation Crypto" at a public meeting on Friday, allowing projects to raise funds through token sales without completing full securities registration. The SEC also plans to introduce an "innovation exemption" for tokenized stocks, with details potentially released on Friday. The exemption would allow tokenized versions of stocks such as Apple, Tesla, and Nvidia to trade on the blockchain 24/7, with support for fractional trading and near-instant settlement. Such tokens typically track the economic exposure of the underlying stock but do not carry voting rights or dividend entitlements. The initiative falls under SEC Chairman Paul Atkins's "Project Crypto" agenda, with Robinhood Chain, Solana, and Base all having advanced related on-chain markets. (Decrypt)
Coinbase's Layer 2 network Base announced the launch of the "Builder Grant Program" developer funding initiative, providing up to $5,000 in startup capital to teams building projects on the Base ecosystem, along with go-to-market (GTM) and product support.Base stated that the program focuses on supporting the following areas:Prediction MarketsToken LaunchpadsNew Asset CreationConsumer AppsAI Agent applications, including business scenarios, x402 payment protocol implementation, and autonomous tradingDeFi applications, including lending, leveraged looping, yield generation, yield vaults, and tokenized stocksSelected projects will receive up to $5,000 in seed funding, along with monthly GTM (go-to-market strategy) and product feedback, faster technical support, and access to Base ecosystem resources.Base stated that applicants must meet the following requirements: have a live product, be focused on development within the Base ecosystem, and seek assistance with product optimization and market promotion.
Odaily News: According to official sources, the Gate Alpha Zone Meme coin MARVIN (7777) has risen 29.98% over the past 24 hours. MARVIN is one of Musk's pet dogs, with a birthday on November 1st. Musk has posted about the dog multiple times and even celebrated its birthday on November 1, 2023. Users can trade it seamlessly with one click on Gate Alpha.Gate Alpha now supports public chains including SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, Robinhood, and Berachain, and enables frictionless cross-chain token trading via a contract address search function.
Odaily News: Crypto KOL Unipcs (also known as "Bonk Guy") stated that Crypto Twitter (CT) and on-chain traders are constantly rotating to chase the hot narratives of each newly launched public chain—essentially, they are continuously seeking new opportunities to lose money.Unipcs noted that two weeks ago, the market concentrated on hyping the Base ecosystem narrative due to Robinhood Chain's performance, but the trend ultimately did not last. Last week, the market began viewing Stable Chain as the next "Robinhood Chain" opportunity, and he had previously warned the community about the related risks.He stated that the highest market-cap Meme coin on Stable Chain has already dropped approximately 90%, and most Meme projects have not generated genuine market attention.Unipcs believes he is not opposed to Tether or Arc Chain—if they focus on their positioning as stablecoin infrastructure, they may still achieve growth. However, forcibly fitting every new chain into the Meme coin narrative is an unreasonable market behavior.He added that many participants do not understand Meme coin culture, which could lead to significant losses for investors' assets. For trading Meme coins, Unipcs recommends focusing on networks with existing ecosystem foundations, such as Robinhood Chain, Solana, and BNB Chain.
Base co-founder Jesse Pollak posted on X, stating that at the inception of Base, he told the team and Coinbase that they must do everything possible to support developers, as developers will create products that bring the world on-chain. One key approach is the Base Ecosystem Fund, which helps teams succeed by providing funding and deep engagement. Most of the teams supported by the fund had no prior connection to Coinbase, come from all over the world, and are exploring multiple fields, including finance.
Odaily News Trader 0xSun stated on social media that during Robinhood's earnings call, the only token appearing in a fleeting search bar was CASHCAT. Additionally, Robinhood CEO Vlad, when discussing the Robinhood Chain, mentioned that the chain will be built around RWA, adding that he also likes Meme coins.As a result, CASHCAT's market cap rebounded from approximately $30 million to nearly $50 million. 0xSun believes that an ideal trajectory for a public chain resembles the Base ecosystem in late 2024, initially driven by factors such as founder influence and team background, and later ignited by events like exchange listings. Currently, Robinhood possesses similar conditions, and tokens on its chain could benefit from expectations of potential exchange listings.Furthermore, 0xSun noted that the Meme coin PIPEDOG on the Robinhood chain saw its market cap quickly surge past $75 million within a few hours. The project team locked the liquidity pool and refunded 173 ETH to users affected by the initial contract. The project currently has deep liquidity, with the pool containing approximately $4.5 million in ETH at a market cap of around $30 million.Previously active HOODRAT also once approached zero due to the overall downturn of the Robinhood chain but recently received attention from Matt, the original artist of the Pepe comic, causing its market cap to rebound from a low of $500,000 to $5 million.Beyond Meme coins, 0xSun indicated that STONKBROKER is currently one of the better projects within the Robinhood ecosystem that combines NFT, RWA, and game mechanics, making it worthy of continued attention.
@kabosumama, the owner of Doge's original canine model Kabosu, stated that recently circulated tokens like CATE have absolutely no connection to her. She mentioned that after posting Instagram content about a newly rescued kitten, the relevant posts were used without authorization to create counterfeit tokens, and she expressed regret over some accounts misusing her photos and content.She stated that the only project she is currently officially involved with and endorses is Own The Dog. The project acquired the Doge NFT in 2021 and launched the DOG token; additionally, both parties collaborated to launch the COCORO token on the Base network in 2025, with the proceeds intended to support daily animal care and animal protection activities.Kabosu’s owner reminded the public to rely on official announcements for information regarding herself and urged the community to remain vigilant against projects and tokens unrelated to her.
Coinbase announced on X platform that it is upgrading the Coinbase DEX experience. Users can now search for and trade Base or Solana tokens immediately after they go live on-chain, now available on the new Launches tab.
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.
LayerZero has announced a partnership with Keeta to support the transfer of tokenized commercial bank deposits across public chains including Keeta Network, Ethereum, Solana, and Base, aiming to provide institutional cross-chain settlement infrastructure.According to the announcement, the two parties will combine LayerZero's omnichain interoperability protocol with Keeta's compliance infrastructure to support institutions in fund management and payment operations. The newly introduced Keeta Stablecoins are backed by commercial bank deposits custodied by Bivo, a licensed fintech platform in the United States. Unlike traditional stablecoins, they correspond to real commercial bank deposits and allow the issuer to maintain control over the contract through LayerZero's Omnichain Fungible Token (OFT) standard.Keeta Stablecoins will launch later this month, initially supporting the US dollar, with future expansions to include the Euro, Japanese Yen, Chinese Yuan, British Pound, Canadian Dollar, Mexican Peso, UAE Dirham, Hong Kong Dollar, and other fiat currencies. (The Block)
Coinbase has announced a partnership with Mubadala Capital, part of the Abu Dhabi sovereign wealth fund, and KAIO, a tokenization infrastructure provider, to issue compliant on-chain tokens for Mubadala's evergreen private market fund, open to qualified investors.Coinbase will not only support the token issuance through the Base network but will also purchase the token and include it on its corporate balance sheet, marking the first time a major US-listed company has used a regulated tokenized real-world asset (RWA) for native on-chain treasury management. The product will also be deployed on the Solana and Sui networks, with KAIO providing compliant tokenization infrastructure. To date, the project has attracted approximately $75 million in funds, while Mubadala manages assets nearing $400 billion. (Fortune)
Odaily AI infrastructure project Vanar has announced its migration to the Base network. The positioning of the VANRY token will shift from supporting blockchain infrastructure to coordinating and incentivizing the AI Organizations ecosystem.Vanar stated that it is building an AI Organization economic system, enabling functions such as product development, service delivery, order processing, USDC settlement, and reputation recording through organization-level AI agents. The team believes that the core bottleneck for future AI development will shift from model capabilities to identity, trust, memory, and organizational structure.Regarding the token migration, existing VANRY holders will migrate at a 1:1 ratio, meaning their holdings will not change. However, the total supply will increase from 2.4 billion to 10 billion tokens to support incentives for the AI Organizations ecosystem, developers, partners, and infrastructure development.According to the official statement, 62% of the total supply will remain locked initially. Newly allocated tokens will adopt a lock-up and 60-month linear release mechanism, with the full release cycle expected to be 5 years.Additionally, Vanar will terminate the validator node staking mechanism on Vanarchain and integrate its infrastructure into the Base network. The team plans to launch the Vanar Genesis event on August 3rd, where the first batch of AI Organizations will go live, alongside a reward pool of 100 million VANRY tokens to incentivize high-performing ecosystem projects.
crypto exchange Coinbase disclosed that a routine infrastructure update last week, due to an undetected Kubernetes resource name conflict, mistakenly modified the Istio ingress gateway component, resulting in approximately 50 minutes of service interruption. Coinbase stated that customer funds were not at risk. The outage occurred between approximately 12:37 PM and 1:25 PM Eastern Time, impacting retail, institutional, and developer platforms. Some users were unable to complete deposits, withdrawals, or off-platform transactions, Coinbase Card debit card purchases were declined, while credit card purchases were unaffected. The outage also affected on-chain swaps on Base and Solana via Coinbase DEX, with Coinbase Exchange and Prime customers experiencing delayed or failed transfers and settlements. Coinbase stated it will add naming conflict checks, separate recovery tools from managed infrastructure, and test emergency access procedures more frequently.
Coinbase has released a post-mortem report on the service outage that occurred on July 14, stating the incident was caused by a misconfiguration of a critical network component triggered by a routine configuration update. The impact lasted approximately 50 minutes, and user funds remained safe throughout the period.Coinbase stated that at 12:34 Beijing time (12:34 AM Eastern Time) on July 14, the company deployed a routine configuration change to a shared production Kubernetes cluster hosting core infrastructure services. The update was originally intended to migrate to a new service deployment model to enhance system performance and reliability.However, due to a resource name conflict that was not detected by the pre-production environment's detection mechanisms, this configuration modification unexpectedly affected the Istio Ingress Gateway-related Kubernetes resources within the cluster, rendering the network component unavailable. Approximately 3 minutes later, all inbound traffic to the cluster was interrupted, preventing internal services from accessing several infrastructure components.Coinbase noted that because numerous asynchronous workflows rely on these infrastructure services, including processes such as transaction settlement, fund transfers, and debit card transaction authorizations, multiple business lines were affected. The impacted services included:Retail users were unable to complete off-chain transactions, deposits, and withdrawals; some pending transactions appeared stuck and were completed after the service was restored;Coinbase Card debit card transactions temporarily failed, credit card payments were unaffected, but some card management functions were unavailable;Coinbase DEX's on-chain swap services on Base and Solana were suspended;Coinbase Exchange and Prime institutional customers experienced failed or delayed transfers and settlements;Coinbase Developer Platform customers were unable to complete account creation, fund transfers, or deposit services.Coinbase stated that the ingress gateway was restored at 13:20 Eastern Time, and the incident was mitigated by 13:23. Subsequently, the system began processing the backlog of tasks, with most services returning to normal quickly; the remaining queues were processed over the following hours. During the recovery process, Coinbase encountered two additional challenges. First, the deployment tools themselves relied on the affected ingress gateway to operate, preventing the standard rollback process from being executed, creating a circular dependency where the "fault impacted the remediation tools." Second, while the emergency break-glass access process was effective, the permission verification and manual review procedures increased the recovery time.Coinbase stated that there was no risk to asset security in this incident, but it exposed areas requiring continuous optimization in automated deployment, system dependencies, and disaster recovery mechanisms for large-scale finan