Key highlights: Coinbase has launched an AI agent to offer users financial advice. The company disclosed that the AI agent is registered with the US securities watchdog. The US-based exchange is doubling down on AI-native finance with a streak of product launches. A look under the hood reveals a range of functionalities for the Coinbase […]
Tag: VC
Coinbase CEO Warns Retail Investors Are Missing Out as SpaceX, OpenAI and Anthropic Drive IPO Debate
Key highlights: Coinbase CEO says VC firms are cornering a sizable share of profits from high-growth companies, sidelining retail investors. Brian Armstrong points accusing fingers at existing investor rules in the US for the disparity. Early investors in SpaceX net outsized returns after the mega IPO. Coinbase CEO Brian Armstrong has poked holes in accredited […]
Over the years, crypto economics has given birth to all manner of creative solutions to the token distribution puzzle. It began with Bitcoin’s slow and steady mining-based approach, which rewards “miners” for validating transactions and securing the network. Then there was the Initial Coin Offering or ICO, based on a classic crowdfunding mechanism that sent […]