Cosmos Builder Raises $6M to Solve Crypto's $8 Trillion Clearing Problem
The infrastructure that makes TradFi hum is missing in crypto, and the guy who built Cosmos is tired of waiting for someone else to fix it.
Continue reading ›Coinbase
posts
THE WIRE:
All
AI Agent EconomyAgents
Real World AssetsRWA
Human ImperativeHumans
The SignalSignal
Wire WeeklyWeekly
IntelIntel
Missouri Demands $1.8M From Crypto ATM Giant as Physical Bitcoin Goes Radioactive
The state wants $1.8 million, but the real cost is what happens when physical crypto infrastructure becomes a legal liability faster than anyone can figure out compliance.
Continue reading ›
SpaceX Holds More Bitcoin Than Most Countries Before Going Public
The company that gets us to Mars has been quietly stacking sats, and now every public market investor will own a piece of the world's seventh-largest bitcoin holder.
Continue reading ›
Fairshake PAC Spends $20M to Win Three State Primaries
Money talks, but in this election cycle, it might be shouting into a tailwind. Fairshake PAC and affiliates spent $20M on media and ads backing six candidates across Georgia, Alabama, and Kentucky primaries. Five Republicans and one Democrat won or advanced to runoffs.
Continue reading ›
Kik Founder Beats Banks to Coinbase's Stablecoin Infrastructure Play
Coinbase just turned stablecoins into white-label infrastructure, and the first customer isn't a bank or fintech giant but a messaging app founder with a history of regulatory trouble.
Continue reading ›
Coinbase and Tether Are Fighting Over Who Controls DeFi's Money Rails
Coinbase and Tether aren't fighting over fees — they're fighting over who controls the rails of decentralized finance. Coinbase just enabled native USDC deposits and withdrawals on Hyperliquid, the decentralized perpetuals exchange that now holds $5.4B in USDC supply
Continue reading ›
Bitcoin Depot Collapses: Compliance Costs Killed America's Largest Crypto ATM Network
The crypto ATM business just lost its biggest player to a problem no software upgrade can fix: compliance costs that scale faster than revenue.
Continue reading ›
Silicon Valley's Billionaires Are Miserable and Nobody Knows Why
The people building the AI future are having an identity crisis about whether they matter in it. Menlo Ventures partner Deedy Das says no one in Silicon Valley is happy — not the newly rich AI founders, not the $500k engineers, not the middle managers watching their jobs vanish.
Continue reading ›
Senate Passes Crypto Bill While Regulators Declare War on Industry
A bill that was supposed to fix crypto's regulatory mess just exposed a deeper fracture in Washington. The CLARITY Act advanced through Senate markup on May 14, but barely: only two Democratic senators supported it, and zero Democratic amendments were adopted despite claims of bipartisanship
Continue reading ›
Hyperliquid Ditches Its Own Stablecoin for Circle's USDC
The decentralized exchange that tried to break free from Circle's stablecoin just handed the keys back to Circle's biggest distributor. Coinbase will manage USDC liquidity on Hyperliquid as the official treasury deployer, while Native Markets sunsets USDH and sells the brand assets to Coinbase.
Continue reading ›
Winklevoss Twins Bet $100M in Bitcoin to Erase $122M Loss
The Winklevoss twins just bet $100 million in Bitcoin that their company can outrun a $122 million loss, and the market liked it enough to send shares up 25%.
Continue reading ›
Snap Just Fired 500+ Engineers Because AI Can Do Their Jobs
The AI layoff wave isn't about machines stealing jobs—it's about executives discovering they can cut headcount and call it innovation.
Continue reading ›
Anduril Just Became a $61 Billion War Machine Unicorn
Palmer Luckey's bet that Silicon Valley could build better war machines than Lockheed just became the most valuable defense startup in history. Anduril raised $5 billion at a $61 billion valuation, doubling its worth in under a year, led by Thrive Capital and Andreessen Horowitz
Continue reading ›
Balaji Srinivasan Is Shopping for a Country to Host His Crypto Startup School
Balaji Srinivasan is doing what he's always done: building parallel institutions where the old ones are too slow, except this time he's shopping for a host nation. Balaji Srinivasan pitched Malaysian officials on his crypto startup school project, seeking policy support to establish the program
Continue reading ›
Democrats Want Jail Time for DeFi Developers in Crypto Bill
The first real crypto bill with a shot at passing just got 100+ amendments, and 15 of them want to criminalize writing code.
Continue reading ›
Banks Cave on Stablecoin Yields After Senate Pressure
The banks blinked first. Senator Bernie Moreno is pushing the revised CLARITY Act through Senate markup with key amendments on stablecoin yield and tokenized securities, calling out traditional banks for "panic-lobbying" against it.
Continue reading ›
DraftKings Chases $22B Kalshi After Missing the Prediction Market Gold Rush
Prediction markets just got their first unicorn-times-twenty moment, and the old guard is scrambling to catch up. Kalshi closed a funding round at a $22 billion valuation, making it one of the most valuable private fintech companies in the US
Continue reading ›
Circle Builds $3B Blockchain, Makes Competitors Pay to Use It
The stablecoin king just built its own highway and charged everyone else for an on-ramp. Circle launched Arc, a new blockchain valued at $3B, backed by a $222M token presale that positions USDC's issuer as infrastructure owner, not just tenant.
Continue reading ›
Exodus Dumps 63% of Its Bitcoin While Users Flee Platform
When a crypto wallet company sells 63% of its Bitcoin to fund acquisitions while losing users, you're watching the difference between balance sheet optimism and product reality.
Continue reading ›
Neuberger Berman Gives Ripple $200M to Build Wall Street's Crypto Margin Machine
Traditional finance just handed Ripple the capital to make crypto margin trading look boring. Ripple Prime secured a $200 million debt facility from Neuberger Berman to expand margin lending across equities, fixed income, and crypto.
Continue reading ›