Coinbase | Crypto

Coinbase’s x402 protocol, which enables AI agents to transact autonomously over the internet, has seen a 10,000% rise in transaction activity over a month. An online payments protocol introduced by Coinbase in May that enables AI agents to transact in stablecoins over the internet has seen more than a 10,000% increase in transaction activity over a last month. At the time, Coinbase said x402 fixes “the internet’s first mistake” by resurrecting the Internet Communication Protocol’s Hypertext Transfer Protocol 402 — or HTTP 402 — to create a seamless payment system native to the internet. It lets AI — and humans — pay directly while using a website or app: they request something, receive a HTTP 402 “Payment Required” prompt, and then send a signed stablecoin payment, which x402 then verifies automatically. No credit cards required. Read more

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

JPMorgan sees Coinbase unlocking billions through its Base layer-2 network and USDC rewards overhaul, lifting its price target and fueling a sharp stock rally. Shares of Coinbase Global Inc. (COIN) rallied sharply on Friday after JPMorgan Chase upgraded the cryptocurrency exchange, highlighting new monetization opportunities tied to its Base network and USDC payout strategy. The bank’s analysts lifted their rating to “Overweight” from “Neutral” and raised their price target to $404 per share, implying roughly 15% upside from current levels. JPMorgan said Coinbase is “leaning into” its Base layer-2 blockchain and exploring ways to better capture value from the platform’s growth.  Read more

Crypto exchange Crypto.com is the latest firm to apply for a national bank trust charter, joining a list that includes Coinbase and Circle.

The remaining “10%” of issues center mainly on DeFi, which Brian Armstrong says lawmakers are addressing carefully to preserve innovation. Coinbase CEO Brian Armstrong says he’s optimistic that US senators are moving closer to advancing key cryptocurrency market structure legislation by Thanksgiving, suggesting that there’s now far more agreement on both sides of the aisle than there are differences. “Even though the government is shut down, the Senate is working hard on getting market structure legislation passed for crypto,” Armstrong said in a video posted on X. According to Armstrong, roughly 90% of the legislative framework has already been agreed upon, with the remaining 10% focused on issues like decentralized finance (DeFi). He added that policymakers are looking for ways to protect innovation while ensuring that “centralized intermediaries, like Coinbase, should be regulated — not the protocols.” Read more

Coinbase CEO Brian Armstrong has said he is eager to work with lawmakers on crypto market structure, as Sen. Kirsten Gillibrand has convened a roundtable with industry leaders including Mike Novogratz and Sergey Nazarov, while Democrats’ proposal has drawn pushback over DeFi restrictions. The post Coinbase CEO ‘Eager’ To Get Market Structure Bill Done Ahead Of Senate Roundtable appeared first on Cryptonews.

After years of venture-funded dominance, Coinbase is reviving the idea that crypto projects can raise money directly from their users. The US-based exchange announced on Oct. 21 that it acquired Echo, a community-fundraising platform founded by veteran investor Jordan “Cobie” Fish, in a $375 million deal to rebuild fairer, on-chain capital markets. According to the […] The post Is Coinbase bringing crypto ICOs back through this $375 million deal? appeared first on CryptoSlate.

Echo, a crowdfunding platform whose first fundraising project was Ethena, has been acquired by Coinbase after operating for less than two years. Major US cryptocurrency exchange Coinbase has acquired Echo, a platform that allows communities to raise capital targeting early-stage projects and startups. Coinbase struck a $375 million deal to acquire Echo, a crowdfunding platform founded by crypto trader Jordan Fish, known in the community as Cobie, the company announced on Tuesday. The acquisition came the day after Coinbase sent $25 million in USDC (USDC) to Cobie’s wallet to acquire and burn a non-fungible token (NFT) and revive his UpOnly podcast. Read more

When Amazon Web Services (AWS) faltered this morning, much of the internet went dark, and crypto was no exception. Several major blockchains and trading platforms, including Coinbase, Robinhood, and some Ethereum layer-2 networks, reported disruptions after AWS suffered an operational failure linked to its DynamoDB database service. According to Amazon’s status page, the issue began […] The post How today’s AWS glitch took down Coinbase, ETH L2s, and half the internet appeared first on CryptoSlate.

A large-scale Amazon Web Services outage Monday led to downtime for both Coinbase and Robinhood, yielding complaints from users.

This marks the second major Amazon AWS outage since April, when “connectivity issues” created usability problems for at least eight large crypto exchanges. Update Oct. 20, 1:15 p.m. UTC: This article has been updated to include comments from Dr. Max Li, founder and CEO of OORT. Coinbase and Robinhood were among several major platforms distressed by an Amazon Web Services (AWS) data center outage on Monday, underscoring the risks of relying on centralized cloud providers for critical financial infrastructure. Coinbase, the third-largest centralized cryptocurrency exchange (CEX) by trading volume, was hit by an AWS data center outage, which reported “increased error rates and latencies” for multiple AWS Services in the Northern Virginia region. Read more

The largest U.S. exchange is next in line to list Binance Coin – BNB price predictions now eye new highs with industry support. The post BNB Price Prediction: Coinbase Set to List Binance’s Token – Could This Be BNB’s Most Bullish Moment Yet?  appeared first on Cryptonews.

Coinbase added a Binance token to a list of planned additions to the exchange amid an online discourse that included one of its own employees and other industry leaders. Cryptocurrency exchange Coinbase has added Binance’s BNB token to its roadmap for listings amid a series of online exchanges discussing the process. On Tuesday, Limitless Labs CEO CJ Hetherington posted to X, contrasting what he claimed were the requirements for a token to be listed on Binance rather than Coinbase. According to the CEO, Binance’s requirements included a security deposit of 2 million BNB (BNB) for a spot listing, while Coinbase’s were limited to “build[ing] something meaningful on Base.” The online exchange sparked debate, which only seemed to intensify when Coinbase’s head of Base, Jesse Pollak, chimed in to say “it should cost 0% to be listed on an exchange.”  Read more

Coinbase’s investment creates a "regional corridor" connecting India's user base with Middle East capital, Decrypt was told.

Coinbase is planning to launch an Amex card whose design and rewards program are aimed squarely at bitcoiners — or those who want to become one.

The sale, if it goes through, could become the largest stablecoin acquisition to date, with Coinbase leading bids over Mastercard, sources told Fortune.

Sharps Technology has transferred its $435M Solana treasury to Coinbase Prime, using the exchange’s institutional-grade tools for custody and OTC trading as it strengthens its competitive position among Solana-focused treasury companies. The post Sharps Technology Moves $435M Solana Treasury to Coinbase — Will It Top Rivals? appeared first on Cryptonews.

Coinbase has introduced decentralized trading to nearly all its U.S. customers, broadening access to one of its most ambitious products yet. The company confirmed on Oct. 8 that its decentralized exchange (DEX) service is now live inside the main Coinbase app for users across the country, except those based in New York, where state regulations […] The post Coinbase brings DEX trading to US users as CEXs go DeFi appeared first on CryptoSlate.

Coinbase has launched crypto staking in New York, allowing residents to earn rewards on assets such as ETH and SOL following state regulatory approval. Cryptocurrency exchange Coinbase said New York residents are now able to stake their assets following approval from state regulators. In a Wednesday blog post, Coinbase said its users could begin earning rewards from staking in Ether (ETH), Solana (SOL), and other assets. The company credited New York Governor Kathy Hochul for “embracing progress and providing clarity” leading to the approval, with plans to continue expanding staking services across the US. “This is a big win for New Yorkers, and a step toward ensuring every American has equal access to the future of finance,” said Coinbase. “But our work is not done. We estimate that residents in California, New Jersey, Maryland, and Wisconsin have collectively missed out on more than $130 million in staking rewards due to state-wide bans.” Read more