Coinbase’s Base Unveils New Infrastructure For AI-Controlled Crypto Wallets
Only $1.1 million in transaction volume has passed through Coinbase’s x402 payment protocol in the past 30 days. That number tells a lot about where AI-driven crypto payments actually stand right now. Related Reading: Crypto PACs Flex Political Muscle In High-Stakes Texas Runoffs A New Layer For Crypto Transactions Base, the Ethereum layer-2 network operated […]
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Coinbase’s newly launched layer-2 network, Base, has encountered a significant issue for the first time since its public launch on August 9. According to information on the Base status site, block production unexpectedly stopped for 45 minutes on September 5. However, the team behind the platform acted to fix the problem after identifying the issue […]
US authorities have launched an investigation into a potential breach involving government‑controlled cryptocurrency accounts. According to a Reuters report, the US Marshals Service confirmed in an email that it is examining a possible hack of government digital‑asset wallets. Social Media Drama Unveils Crypto Crime The investigation gained public attention earlier this week after Patrick Witt, […]
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets. Experts in the crypto community have weighed in on what the new proposed regulation means, what crypto owners should do, and which wallets are affected. FinCEN’s New Rules for Crypto Wallets The U.S. Department of the Treasury announced Friday that the Financial Crimes Enforcement Network (FinCEN) has proposed new rules “aimed at closing anti-money laundering regulatory gaps for certain convertible virtual....
Coinbase’s XRP reserves have witnessed one of the strongest collapses among major crypto exchanges, and this has caused questions as to where the tokens are going. According to on-chain data, the exchange’s cold wallets now hold only a fraction of the XRP they once did, and the decline is now more than 90%. This comes […]
In a recent announcement on X (formerly Twitter), Brian Armstrong, the CEO of US-based cryptocurrency exchange Coinbase, revealed that the company is actively considering a token launch for Base, its Ethereum (ETH) layer-2 (L2) network. Coinbase’s Base Network Takes Steps Toward Token Launch Armstrong articulated that the potential introduction of a network token could serve […]