Coinbase

Entity category: organization

AI & Tech

Agent Economy Forecasts: What Auditing Reveals

While major firms agree on a ~46% compound annual growth rate for Enterprise Agentic AI through 2030, their market size…

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AI & Tech

Mecka AI Hits $500M Valuation in Sequoia-Led Robot Data Deal

Mecka AI is approaching a $500 million valuation following a Sequoia Capital-led funding round, highlighting intense competition for high-quality physical-world…

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AI & Tech

Eric Wu’s New Startup Targets Construction Labor Shortage

Former Opendoor CEO Eric Wu launched NavigateAI to address the critical construction labor shortage by providing field workers with an…

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Business

Tim Draper Sells $7.9M Tanzania Island

Venture capitalist Tim Draper is selling his private island in Lake Tanganyika for $7.9 million, citing low usage rather than…

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AI & Tech

Kevin Durant’s $250K Hugging Face Bet Now Worth $60M

Kevin Durant’s $250,000 investment in Hugging Face could return up to $60 million if Nvidia’s proposed acquisition proceeds, highlighting the…

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BigTech Companies

Security Pro Hacks North Korean Hackers, Finds Hundreds of Networks Breached

A security researcher, Vangelis Stykas, infiltrated North Korean hacking infrastructure over 22 months, finding evidence that 1,640 companies across 57…

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AI & Tech

Nscale acquires Anyscale for $1.65B to climb the AI stack

Nscale, an AI-cloud company with its own power and data center infrastructure, is acquiring Anyscale, the creator of the Ray…

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Business

Network School founder warns Malaysia tech goals at risk from immigration probe

Malaysian authorities launched an immigration investigation into Balaji Srinivasan's Network School, challenging his vision of a decentralized, borderless "network state."…

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AI & Tech

Visa stablecoin platform launch sends Circle shares down 6%

Visa launched the Visa Stablecoin Platform, enabling financial institutions to issue and manage stablecoins directly, causing Circle's stock to drop…

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AI & Tech

Paradigm raises $1.2B fund for technical frontier startups

Paradigm has raised $1.2 billion for its third venture fund, which will expand beyond cryptocurrency to invest in robotics and…

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Business

Trump memecoin cost investors $3.8B; president earned $636M

Nearly one million investors who purchased President Donald Trump's $TRUMP memecoin have suffered collective losses of $3.81 billion, with the…

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AI & Tech

Visa, Mastercard, and 140 Firms Launch Open USD Stablecoin

A coalition of over 140 companies including Visa, Mastercard, Stripe, and Coinbase launched Open USD (OUSD), a fee-free, volume-unlimited stablecoin…

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AI & Tech

Robinhood’s 10% layoffs: Blaming AI no longer works

Robinhood's layoff of 290 employees (10% of workforce) notably avoids blaming AI, instead framing it as a restructuring exercise to…

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AI & Tech

Coinbase Launches AI Agent to Trade Crypto and Pay for Research

Coinbase launched an AI agent that can autonomously execute crypto trades and pay for premium research data using the x402…

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BigTech Companies

Polymarket Draws Billions in US Trading Despite Offshore Ban

Approximately 30% of Polymarket's trading activity originates from the United States, with an estimated $10.6 to $26.7 billion funneled by…

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Business

New Ransomware Uses .enc, .iv, .salt Extensions (CryCryptor?)

CryCryptor ransomware encrypts files with .enc, .iv, and .salt extensions, then threatens to publish stolen data unless a Bitcoin ransom…

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AI & Tech

How Tech Companies Are Adapting to Cheaper AI Models

The AI industry is facing a potential shift from the assumption that bigger models are always better, as rising costs…

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BigTech Companies

Winklevoss Twins Paid 2.5x Share Price to Revive Gemini

The Winklevoss twins invested $100 million of their own capital into Gemini Space Station at $14 per share, over 2.5…

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Business

Crypto Clarity Act returns to the Senate as banks push to block it

The Crypto Clarity Act, which aims to establish a comprehensive regulatory framework for stablecoins and digital assets, is set for…

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BigTech Companies

Coinbase cuts 700 jobs, loses $394M, then goes dark from data center failure

Coinbase experienced a seven-hour service blackout on Friday due to a data center overheating event at an AWS facility in…

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