News linked to both this project and an event.
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.
Odaily News, Coinbase CEO Brian Armstrong posted on X platform, listing his "vision checklist" for the upcoming market: first, the CLARITY Act will receive strong bipartisan support and pass the vote on September 15, followed by "Uptober," and the start of the next crypto bull market. Armstrong stated, "Everything is unfolding as predicted."
Odaily News: During a meeting at the White House with executives from crypto and financial firms, U.S. President Donald Trump urged Congress to pass a "fair version" of the Clarity Act, stating that market structure legislation is the next step in his digital assets policy.The meeting was attended by Commodity Futures Trading Commission (CFTC) Chairman Michael Selig, Securities and Exchange Commission (SEC) Chairman Paul Atkins, White House crypto advisor Patrick Witt, as well as executives from Coinbase, Ripple, Robinhood, and Kraken.The Clarity Act would establish federal rules for digital assets and clarify the regulatory jurisdictions of the SEC and CFTC. The bill is expected to return to the Senate in September, where Republicans will still need support from about six Democratic senators to reach the 60-vote threshold. (Decrypt)
Odaily News: Coinbase will add support for Aligned and ALIGN. Users can now generate deposit addresses for ALIGN on Coinbase in regions where trading is supported.
: 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)
Coinbase announced that Brazilian users can now directly buy and sell USDC using Brazilian Real on the Coinbase Advanced platform. This feature reduces intermediate steps in the trading process and lowers the cost of acquiring USDC via Brazilian Real by 85%. Coinbase stated that stablecoins are becoming an important component of the global financial system, with global stablecoin settlement volume exceeding $30 trillion in 2025 and Coinbase's annual stablecoin settlement volume approaching $1 trillion.
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: Coinbase announced on the X platform that the US500 perpetual contract is now live, enabling users to go long or short on the 500 largest U.S. companies through a single contract on Coinbase.
According to an official tweet from Coinbase (@coinbase), Coinbase has officially launched a series of financial services for AI Agents, declaring that "the era of Agent Finance (AiFi) has arrived." This agent economy encompasses three participants: users who use agents, businesses that sell to agents, and developers who build tools for agents. Specific products include: • Coinbase for Agents: AI agents can access the platform via Claude or ChatGPT, and after setting guardrails, autonomously conduct research, decision-making, and trading on assets such as cryptocurrencies, stocks, and derivatives; • Coinbase Advisor: An AI investment advisor built into the App, it is one of the first AI advisors globally registered with the SEC, offering services such as real-time portfolio analysis and automatic tax-loss harvesting, launched for Coinbase One members; • Coinbase Business: Supports receiving USDC and USDT payments from AI agents via the native x402 protocol, featuring no chargeback risk, idle USDC earning 3.35% yield, and supporting one-stop management, reconciliation, and withdrawal.
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: U.S. financial services firm Charles Schwab began rolling out Bitcoin and Ethereum spot trading to retail clients in batches on May 13, 2026, with a transaction fee rate of 75 basis points per trade. The company disclosed client assets of $13.1 trillion and 39.8 million brokerage accounts, with Paxos handling execution and sub-custody. During the July earnings call, Charles Schwab stated that related business progress is on track, launched a crypto asset transfer pilot, and has taken an equity stake in Paxos. Initially, only Bitcoin and Ethereum are supported, with no deposits or withdrawals available, and no SIPC protection, except in New York State and Louisiana. Charles Schwab clients already hold approximately $25 billion in crypto ETPs. Morgan Stanley's E*Trade launched Bitcoin, Ethereum, and Solana trading on July 16 via Zerohash, with a fee rate of 50 basis points; Fidelity's fee rate is 1%, while Coinbase's implied fee rate for consumer trades is approximately 1.75%. (Forbes Digital Assets)
Cryptocurrency exchange Coinbase will open access to over 170 derivatives contracts for eligible UK professional investors, covering cryptocurrencies, commodities, equities, and foreign exchange. Perpetual contracts support up to 50x leverage, with services rolling out gradually over the coming weeks to months. The product lineup includes futures, perpetual contracts, and cryptocurrency options. Perpetual contracts have no expiration date and support long, short, and neutral strategies; term futures offer up to 20x leverage with fixed settlement dates. Coinbase previously obtained UK investment services authorization in July, with the related derivatives business operating under CB Payments Ltd.'s investment services license. The initial phase is limited to eligible UK professional investors, and the UK Financial Conduct Authority (FCA) will impose requirements on financial soundness, capital, stress testing, and market integrity. (Bitcoin.com News)
Brian Armstrong posted on platform X, stating that Coinbase can help businesses provide services to AI agents and support businesses in accepting stablecoin payments. AI agents will also be able to complete checkout processes without requiring additional setup from businesses.
Odaily News – Bitcoin miner MARA Holdings disclosed in its latest quarterly SEC filing that it has pledged 18,750 BTC as collateral for two Bitcoin-backed loans, totaling $750 million in principal.Among these, financing provided by Coinbase Credit includes a refinancing of the original $150 million credit facility plus an additional $300 million in new funds; Two Prime Lending separately provided a $300 million loan. Both loans have been fully drawn, with a combined financing cost of approximately 7.56%, primarily maturing in August 2028.The pledged 18,750 BTC were valued at approximately $1.2 billion at the time of the transaction. If a decline in Bitcoin's price pushes the collateral ratio below the agreed level, MARA could face margin call requirements; otherwise, the related BTC may be subject to liquidation risk.The new funds will mainly be used for general corporate purposes and to support MARA's acquisition of Long Ridge Energy & Power. The transaction has an enterprise value of approximately $1.5 billion. Long Ridge owns a natural gas power plant in Ohio, USA, with an expected installed capacity of 505 MW, along with over 1,600 acres of industrial land. MARA plans to further develop the site into a base for Bitcoin mining, AI, and high-performance computing infrastructure. (Crowdfund Insider)
Coinbase-backed crypto market maker Flowdesk has obtained a full broker-dealer license issued by Dubai VARA, enabling it to provide compliant services to local institutional investors.
Odaily News: Coinbase has announced an upgrade to its enterprise-level payment product, Coinbase Business, introducing a series of new features, including support for automatic payments via AI Agents, integration of USDT payments, reusable payment links, flexible pricing, product catalog management, and buyer information collection. These enhancements aim to make it easier for businesses to accept cryptocurrency payments. The most significant change in this upgrade is the support for AI Agent payments. Coinbase Business is now compatible with the open machine-to-machine payment standard x402, allowing businesses using the existing Checkout payment flow to directly accept transactions initiated by AI Agents. Funds are settled instantly to business accounts in USDC, which can be used to earn yields or withdrawn at any time. Other new features include:1. Reusable payment links: Businesses can create a single payment link for repeated use, with options to set payment limits, pause, or disable the link;2. Flexible pricing mechanisms: Support for setting minimum prices, maximum prices, or open-ended payments, suitable for scenarios such as donations, tips, and usage-based billing;3. Product catalog functionality: Businesses only need to enter product information once, and it can be reused across multiple payment scenarios, including payment links, Checkout, and invoices;4. Buyer information collection: During the payment process, information such as name, email, and shipping address can be collected simultaneously, reducing manual order processing workflows.
Odaily News: Prediction market platform Polymarket is undergoing an organizational upgrade in preparation for the upcoming fall trading peak, bringing in several new executives, restructuring its marketing system, and strengthening its compliance team in preparation for U.S. market expansion. Polymarket recently hired Travis VanderZanden, founder of shared e-scooter company Bird and former Uber and Lyft executive, as Chief Growth Officer, responsible for the company's growth strategy and marketing system development. VanderZanden stated that the prediction market is at a critical stage of rapid development, and the company needs to further improve its management team to support long-term growth.This adjustment comes as Polymarket faces regulatory scrutiny. Previously, the U.S. Commodity Futures Trading Commission (CFTC) had launched an investigation into its business model, related to the platform's marketing activities and promotional partnership policies. Sources say Polymarket has restructured its marketing department, updated rules for promotional partners, and provided relevant training to employees, while also hiring consulting firm AlixPartners to oversee whether content published by partners complies with the new standards.Meanwhile, Polymarket continues to strengthen its compliance and risk management capabilities for its U.S. operations. The company's U.S. trading platform has added several new executives in regulatory and risk roles, including former Robinhood executive Megan McGrath as Chief Compliance Officer for the U.S. platform, former Coinbase executive Natalie Oblazny overseeing U.S. regulatory affairs, former FBI and Coinbase employee Shana Bautista as Head of Global Investigations and Intelligence, and former Nasdaq executive Paul Jordan as Chief Risk Officer for the U.S. platform.Polymarket's U.S. trading platform went live in May this year and operates independently from its international business. With the NFL new season kicking off in September and the U.S. midterm elections approaching in November, the market expects a new wave of growth in prediction market trading activity.Previously, Polymarket had already become one of the representative platforms in the prediction market space and continues to seek expanded fundraising. According to reports, the company is currently seeking a new funding round at a valuation exceeding $20 billion. As institutional investors and professional traders gradually enter the prediction market, Polymarket is attempting to transform from a retail-facing, betting-style prediction platform into a more mature financial market infrastructure. (CNBC)
Odaily News – River Markets, a startup building trading infrastructure for prediction markets, has announced the completion of an $8.5 million seed funding round, led by Haun Ventures with participation from Y Combinator, Coinbase Ventures, and Qube Research Technologies, among others. The new capital will primarily be used to expand the engineering team, enhance trading system speed and security, and grow institutional clientele, while also developing new tools to support large-scale capital management and cross-platform trading.In recent years, prediction markets have drawn attention from institutional investors. Data from industry platforms shows that institutional trading demand is growing rapidly. For example, prediction market platform Kalshi previously stated that its institutional trading volume increased by approximately 800% within six months. Meanwhile, market participants have begun using prediction markets for risk hedging, including building trading positions around real-world economic variables such as carbon emission allowances and GPU rental prices. (Fortune)
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: Stablecoin issuer Circle Internet Group has announced that it has renewed its USDC cooperation agreement with cryptocurrency exchange Coinbase under existing terms, and USDC will continue to be integrated across Coinbase's various products. The company did not disclose the specific economic terms of the renewed agreement. Circle's total revenue and reserve income for the second quarter reached $701 million, up 7% year-over-year; USDC circulation stood at $73.3 billion at the end of the quarter. Currently, Circle has signed distribution agreements with over 150 partners, providing economic incentives for the adoption and promotion of USDC. Circle CFO Jeremy Fox-Geen stated that the company has no plans to introduce quarterly dividends for now, and will prioritize investing capital into business growth while maintaining balance sheet flexibility to support investment and strategic opportunities across different market cycles. (news.bitcoin)