News linked to both this project and an event.
Odaily News A 50-page report commissioned by Coinbase indicates that although current quantum computers are not yet capable of cracking the encryption technologies of networks like Bitcoin and Ethereum, fault-tolerant large-scale quantum computers will eventually be built, and the crypto industry must begin preparations now. The report was authored by an independent advisory committee, including cryptographers and scholars such as Dan Boneh from Stanford University, Justin Drake from the Ethereum Foundation, and Sreeram Kannan from Eigen Labs.The report states that estimates for the time it would take quantum computers to break current encryption standards range from several years to over a decade. The U.S. National Institute of Standards and Technology recommends migrating to post-quantum cryptography by 2035, but the report suggests this timeline may be optimistic. Post-quantum cryptography already exists and is undergoing standardization, but post-quantum digital signatures can be tens to hundreds of times larger than existing signatures, potentially increasing block sizes by up to 38 times and introducing challenges such as wallet migration. The Ethereum Foundation has proposed a post-quantum digital signature scheme, and projects like Solana are also experimenting with post-quantum wallet designs. The report recommends adopting flexible transition strategies, such as hybrid systems, to prepare for future upgrades without compromising current security.
According to an official announcement, Coinbase will list Sign (SIGN) spot trading on April 21. The SIGN-USD trading pair will go live later that day, once liquidity conditions are met, in regions where such trading is supported.
Coinbase’s Quantum Computing and Blockchain Independent Advisory Committee released its first position paper, stating that sufficiently powerful quantum computers could one day break the cryptographic mechanisms used by mainstream blockchains to protect digital assets—but such devices do not yet exist, and crypto assets remain secure for now. The industry should begin preparing for quantum-resistant upgrades immediately. The paper notes that Bitcoin mining, hash functions, and on-chain historical records currently face no material risk; the primary vulnerability lies at the wallet layer—in digital signatures. Ethereum has already proposed a relatively clear migration roadmap, while Solana, Algorand, and Aptos have either begun offering or are planning quantum-resistant solutions.
According to an official announcement, Coinbase has suspended trading of 25 perpetual contracts, as previously announced. All outstanding positions in these contracts have been automatically settled at the final settlement price. The affected contracts include TRB, RARE, NEIRO, A, ME, XTZ, KMNO, RAY, STX, ENS, GMT, SNX, 1000FLOKI, 0G, ORDI, NIL, BIO, UMA, BEAM, INIT, SOMI, EGLD, CLANKER, SOPH, and BIGTIME. The final settlement price was calculated as the average index price over the 60 minutes preceding the suspension. Coinbase stated that this action aims to focus on products that consistently meet liquidity and market quality standards, and that it will accelerate the launch of new perpetual contracts by optimizing internal processes.
According to an official announcement, Coinbase will list Opengradient (OPG) spot trading on April 21. If liquidity conditions are met, the OPG-USD trading pair will open later today in supported regions.
Odaily News: Coinbase has announced that it will list CHIP (CHIP) and Opengradient (OPG). Users can now generate deposit addresses for CHIP and OPG on the coinbase.com website, the Coinbase App, and the Coinbase Exchange (in regions where trading is supported). The deposit functionality for CHIP and OPG will become available once the issuers enable transfer capabilities.
Odaily News Grayscale has updated its ETF application document linked to Hyperliquid, changing the custodian to Anchorage Digital Bank, replacing Coinbase which previously served as the prime broker and custodian.This adjustment has garnered significant attention, as Coinbase has long dominated the crypto ETF custody space. Currently, almost all U.S. spot Bitcoin ETFs (except Fidelity's) rely on its custody services.The filing shows that The Bank of New York Mellon will continue to serve as the transfer agent for this ETF (proposed ticker GHYP). The fund's staking functionality still requires regulatory approval and will utilize CoinDesk's Hyperliquid benchmark pricing data.Furthermore, Anchorage Digital Bank, as the first federally chartered crypto bank in the U.S., has been continuously expanding its institutional service capabilities in recent years, including areas such as stablecoins, wealth management, and token lifecycle management. (The Block)
Coinbase announced that it will list CHIP and Opengradient for trading. Users can now generate deposit addresses, but deposits and trading will only be possible after the projects enable transfers.
According to The Block, Grayscale has filed a revised Hyperliquid ETF application with the U.S. Securities and Exchange Commission (SEC), naming Anchorage Digital Bank as the fund’s custodian in place of Coinbase. Anchorage is the first crypto-native bank to receive a federal banking charter in the U.S. and has recently expanded rapidly into stablecoin services, wealth management, and token lifecycle management—becoming the first institution in the U.S. to support TRON. If approved, the ETF will trade on Nasdaq under the ticker “GHYP”; staking functionality remains subject to regulatory approval.
Odaily News The x402 protocol, incubated by Coinbase, has announced the launch of a unified platform called Agent.market, positioned as an "AI Agent App Store" for centrally showcasing and integrating various tools and services built on the protocol. According to the introduction, Agent.market already covers seven major categories at launch: inference, data, media, search, social, infrastructure, and trading. It integrates service providers including OpenAI, Bloomberg, CoinGecko, LinkedIn, X, and AWS Lambda, and supports permissionless integration.Erik Reppel, Engineering Lead at Coinbase Developer Platform, stated that the platform is essentially "an app store for agents." Currently, there are approximately 69,000 active agents on the x402 network, which have cumulatively completed over 165 million transactions, with a transaction volume reaching $50 million. Most services on Agent.market adopt a pay-per-use model, with some charging an "agentic premium" for AI agents. However, costs can be reduced through subscriptions in high-frequency usage scenarios. Meanwhile, the "agent economy" based on x402 is lowering customer acquisition and integration costs for businesses, unlocking previously constrained demand due to API keys, subscriptions, and micro-payment mechanisms.The x402 protocol is named after the HTTP 402 "Payment Required" status code, enabling websites, APIs, and AI agents to conduct instant micropayments via blockchain and traditional payment channels. The protocol is governed as an open standard by the x402 Foundation under the Linux Foundation and has received support from over 20 technology and crypto institutions including Cloudflare, Stripe, Amazon Web Services, Google, and Visa. (The Block)
According to CoinDesk, Coinbase is exploring collaboration with Bybit on tokenization, custody, and global distribution of assets such as U.S.-listed equities and pre-IPO shares. Sources familiar with the matter said negotiations are ongoing and do not involve equity acquisition or similar transactions by Bybit aimed at entering the U.S. market. Separately, reports indicate that Bybit’s plan to enter the U.S. market will be advanced through a new entity led by former Co-CEO Helen Liu, which will bring in an undisclosed local partner to provide licensing and compliance support, while Bybit will supply technology, products, and liquidity.
According to an official announcement, Coinbase will launch BASED1 perpetual contracts on April 20. The BASED1-PERP market will open in regions where liquidity conditions are met and trading is supported.
According to an official announcement, Coinbase has launched its crypto-backed lending service in the UK, enabling users to borrow USDC in under one minute using BTC, ETH, and cbETH as collateral. The service is powered by Morpho, an open-source lending protocol built on Base. Coinbase stated that this product first launched in the U.S. in January 2025. As of April 14, 2026, loans facilitated via Coinbase’s integration with Morpho have exceeded $2.17 billion in USDC. Users can monitor their loan health, historical annualized interest rates, and liquidation alerts directly within the Coinbase app. Interest rates are dynamically adjusted based on market conditions.
According to Sarah Wolf’s own post on X, her nearly five-year tenure at Coinbase is coming to an end. She joined Coinbase in 2023 as its first Builder Marketer and co-founded Base with Jesse Pollak, driving its growth into a leading global blockchain ecosystem with a builder community spanning over 52 countries. During her time at Coinbase, she led several landmark initiatives, including Onchain Summer—a collaboration with Adidas and Coca-Cola—integrating USDC payments into Shopify, and launching BaseCamp, the flagship builder summit. After leaving Coinbase, Sarah Wolf will join Anthropic as Head of Startup Marketing, focusing on supporting the startup ecosystem building around Claude. She has invited founders and builders currently developing with Claude to reach out to her.
Odaily News The ETH/BTC exchange rate has risen to a 10-week high, with Ethereum outperforming Bitcoin recently. The ratio broke through the resistance of the downtrend line since August 2025 and has risen above the 50-day and 100-day exponential moving averages. XWIN Research pointed out that the staff statement issued by the U.S. Securities and Exchange Commission on April 13 explained that DeFi frontends and wallet interfaces do not need to register as broker-dealers if they meet conditions such as non-custody and a neutral fee structure, which has driven Ethereum's strength.On-chain data shows an upward trend in active addresses, and the Coinbase premium gap is also improving, indicating a recovery in institutional demand in the United States. Enterprise-level accumulation is accelerating; Bitmine accumulated 279,000 ETH in the past 30 days and currently holds 4.87 million ETH, accounting for over 4% of the circulating supply. In the futures market, the global ETH open interest reached $16.37 billion, and the funding rate remains negative, indicating that shorts dominate. However, the open interest on Binance increased by 10.47% to $6.04 billion, and the funding rate turned positive, creating an extreme imbalance between global shorts and longs on Binance.
On-chain lending platform Votre has raised $3.75 million in seed funding, led by a16z Crypto Startup Accelerator, with participation from MaC Venture Capital, Druid Ventures, and angel investors from Goldman Sachs, Harvard University, and OrangeDAO. Founded in 2025, Votre operates a non-custodial crypto lending platform on Coinbase’s Base Layer 2 network, enabling users to borrow USD—settled the same day—using Bitcoin as collateral, with loan sizes ranging from approximately $25,000 to $5 million. The funds will be used to scale technical infrastructure, increase platform capacity, enhance liquidity management tools, and strengthen risk and compliance systems.
According to CoinDesk, Wall Street brokerage Bernstein released a research report stating that prediction market trading volume is expected to grow from $5.1 billion in 2025 to approximately $100 billion in 2030, representing a compound annual growth rate (CAGR) of roughly 80%. Trading volume is projected to reach $24 billion in 2026, while Polymarket and Kalshi combined have already generated $60 billion in trading volume year-to-date. The report identifies three core drivers of this growth: increasing regulatory clarity at the federal level, blockchain infrastructure enabling global liquidity, and integration with mainstream trading platforms. Industry revenue is expected to rise from approximately $400 million in 2025 to about $10.8 billion in 2030. Distribution capability is viewed as a key competitive barrier. Robinhood has achieved an annualized revenue run-rate of $350 million from prediction markets and is advancing its exchange infrastructure development; Coinbase, meanwhile, offers nationwide access to over 1,000 contracts via the Kalshi platform. Bernstein maintains an “Outperform” rating on both companies.
U.S. cryptocurrency exchange Coinbase Global officially announced that it will release its first-quarter 2026 financial results after the U.S. market close on May 7, 2026, and hold a video webcast to discuss the results at 2:30 p.m. Pacific Time on the same day.
According to The Block, SIX Group, a leading European stock exchange operator, announced that its Swiss exchange, SIX Swiss Exchange, and Spain’s BME Exchange will bring stock market data on-chain via Chainlink nodes. This collaboration enables smart contracts to directly read market data from both exchanges, facilitating the development of blockchain use cases such as tokenized stock indices, structured products, decentralized finance (DeFi) applications, and prediction markets. The combined market capitalization of the two SIX Group exchanges totals €2 trillion, making this initiative a trusted data source for the global financial ecosystem. Previously, prominent financial institutions—including Deutsche Börse, FTSE Russell, and S&P Global—as well as cryptocurrency companies such as Coinbase, have also launched similar partnerships with Chainlink. Since its launch last year, Chainlink’s DataLink service has been integrated into thousands of decentralized applications and across dozens of blockchains.
OpenGradient, a verifiable AI computation layer, has announced the completion of a $9.5 million funding round. Investors include a16z crypto, Coinbase Ventures, SV Angel, Foresight Ventures, Pragma, SALT, Symbolic Capital, Canonical Crypto, Black Dragon, NEAR, Celestia, Thanefield Capital, and angel investors including Balaji Srinivasan, former CTO of Coinbase. The new funds will support the development and expansion of a decentralized infrastructure network for hosting, executing, and verifying AI models—enabling open and auditable model execution.